Royal Helium (TSXV:RHC.H) Total Inventories : C$1.54 Mil (As of Sep. 2024)

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What is Royal Helium Total Inventories?

Royal Helium's total inventories for the quarter that ended in Sep. 2024 was C$1.54 Mil. Royal Helium's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was C$1.64 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Royal Helium's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$-0.11.

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 three months ended in Sep. 2024 was 175.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal Helium's Inventory Turnover for the quarter that 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 quarter that ended in Sep. 2024 was 2.43.

Royal Helium Total Inventories Historical Data

The historical data trend for Royal Helium's Total Inventories 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.

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Royal Helium Total Inventories Chart

Royal Helium Annual Data

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Total Inventories

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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
Total Inventories	Get a 7-Day Free Trial															-	-	1.17	1.74	1.54

Royal Helium Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Royal Helium (TSXV:RHC.H) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Royal Helium's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0.869	+	0.5 * 1.537	-	40.087
-	0	-	0)	/	357.834
=	-0.11

2. 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 three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1.637	/	0.853	*	365 / 4
	=	175.12

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.853	/	1.637
	=	0.52

4. 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 quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1.637	/	0.675
	=	2.43

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Royal Helium Total Inventories Related Terms

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Royal Helium Business Description

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RHCCF:USA RD31:Germany

Address

224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.royalheliumltd.com

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.

Executives

David Thomas Young	Senior Officer
John Styles	Deemed Insider - 6 Months before becoming Insider
Shayne Simon Neigum	Senior Officer
Andrew Davidson	Director, Senior Officer
Tom Macneill	Director
R W Campbell Becher	Director
Stephen Philip Halabura	Senior Officer

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