RHCCF (Royal Helium) Days Inventory: 174.23 (As of Sep. 2024)


What is Royal Helium Days Inventory?

Royal Helium RHCCF Days Inventory is 174.23 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Royal Helium's Average Total Inventories for the three months ended in Sep. 2024 was $1.20 Mil. Royal Helium's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.63 Mil. Hence, Royal Helium's Days Inventory for the three months ended in Sep. 2024 was 174.23.

The historical rank and industry rank for Royal Helium's Days Inventory or its related term are showing as below:

RHCCF's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

Royal Helium's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (174.23). It might indicate that Royal Helium's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal Helium's Inventory Turnover for the three months ended in Sep. 2024 was 0.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Royal Helium's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.41.


Royal Helium  (OTCPK:RHCCF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Royal Helium's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Royal Helium's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Royal Helium Days Inventory Related Terms


Royal Helium Days Inventory Historical Data

* Premium members only.

The historical data trend for Royal Helium's Days Inventory 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 Days Inventory Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Royal Helium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory 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 0.00 126.29 152.23 174.23

RHCCF vs GRVE, SPOWF, LEEN: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Royal Helium's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Helium Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Royal Helium's Days Inventory distribution charts can be found below:

* The bar in red indicates where Royal Helium's Days Inventory falls into.



Royal Helium Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Royal Helium's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.706*365
=0 / 0.706*365
=0.00

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.267 + 1.135) / 2 ) / 0.629*365 / 4
=1.201 / 0.629*365 / 4
=174.23

* 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 Days Inventory →
What does a Days Inventory of 174.23 mean?
Royal Helium (RHCCF) has a Days Inventory of 174.23 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Royal Helium and its competitors.
Is Royal Helium's Days Inventory too high?
Royal Helium's current Days Inventory is 174.23. The Oil & Gas industry median Days Inventory is 30.99. Royal Helium's value of 174.23 is 462.2% above this industry median.
How does Royal Helium's Days Inventory compare to GRVE and SPOWF?
Royal Helium's Days Inventory of 174.23 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 30.99. Royal Helium's value of 174.23 is 462.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Helium's current Days Inventory of 174.23 is 462.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Royal Helium and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Helium's current Days Inventory is 174.23. 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 Days Inventory of 174.23. The current Days Inventory is 174.23 and 462.2% above the Oil & Gas industry median of 30.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Days Inventory is 174.23 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.