RHCCF (Royal Helium) Change In Receivables: $0.00 Mil (TTM As of Sep. 2024)

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What is Royal Helium Change In Receivables?

Royal Helium RHCCF Change In Receivables is $0.00 Mil as of Sep. 2024.

Royal Helium's change in receivables for the quarter that ended in Sep. 2024 was $0.00 Mil. It means Royal Helium's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Royal Helium's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Royal Helium's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Royal Helium's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.64 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Royal Helium's Days Sales Outstanding for the three months ended in Sep. 2024 was 117.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Royal Helium's liquidation value for the three months ended in Sep. 2024 was $-28.54 Mil.

Royal Helium  (OTCPK:RHCCF) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Royal Helium's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.642/0.498*91
=117.64

2. In Ben Graham's calculation of liquidation value, Royal Helium's accounts receivable are only considered to be worth 75% of book value:

Royal Helium's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-29.593+0.75 * 0.642+0.5 * 1.135
=-28.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Helium Change In Receivables Related Terms

Royal Helium Change In Receivables Historical Data

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The historical data trend for Royal Helium's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Helium Change In Receivables Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Royal Helium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Royal Helium Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
Royal Helium (RHCCF) has a Change In Receivables of $0.00 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Royal Helium and its competitors.
Is Royal Helium's Change In Receivables too high?
Royal Helium's current Change In Receivables is $0.00 Mil.
How does Royal Helium's Change In Receivables compare to GRVE and SPOWF?
Royal Helium's Change In Receivables of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Royal Helium and its competitors. Royal Helium's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Helium stock overvalued right now?
Royal Helium (RHCCF) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Change In Receivables is $0.00 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Royal Helium Business Description

Industry EnergyOil & Gas
Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.