RISE (Rise Oil & Gas) Days Inventory: 0.00 (As of Sep. 2023)

What is Rise Oil & Gas Days Inventory?

Rise Oil & Gas RISE Days Inventory is 0.00 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Rise Oil & Gas's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Rise Oil & Gas's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for Rise Oil & Gas's Days Inventory or its related term are showing as below:

RISE's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31
* Ranked among companies with meaningful Days Inventory only.

Rise Oil & Gas's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

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

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.

Rise Oil & Gas (AMEX:RISE) 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.

Rise Oil & Gas's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Rise Oil & Gas's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

* 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.

Rise Oil & Gas Days Inventory Related Terms

Rise Oil & Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Rise Oil & Gas's Days Inventory can be seen below:

Rise Oil & Gas Days Inventory Chart

Rise Oil & Gas Annual Data

Trend

Dec21

Dec22

Days Inventory

0.00

Rise Oil & Gas Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial			0.00	0.00	0.00	0.00	0.00

RISE vs : Days Inventory Comparison

For the Oil & Gas E&P subindustry, Rise Oil & Gas'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.

Rise Oil & Gas Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Rise Oil & Gas's Days Inventory falls into.

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Rise Oil & Gas Days Inventory Calculation

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

Rise Oil & Gas's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Rise Oil & Gas's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Rise Oil & Gas (RISE) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rise Oil & Gas and its competitors.

Is Rise Oil & Gas' Days Inventory too high?

Rise Oil & Gas' current Days Inventory is 0.00.

How does Rise Oil & Gas' Days Inventory compare to ?

Rise Oil & Gas' Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. 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 31.00, based on 684 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. 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 Rise Oil & Gas and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rise Oil & Gas's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rise Oil & Gas stock overvalued right now?

Rise Oil & Gas (RISE) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Rise Oil & Gas (RISE), the current Days Inventory is 0.00 as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies

Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759

Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.