Royal Helium (TSXV:RHC) Days Sales Outstanding : 49.30 (As of Mar. 2024)

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What is Royal Helium Days Sales Outstanding?

Royal Helium's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.44 Mil. Royal Helium's Revenue for the three months ended in Mar. 2024 was C$0.82 Mil. Hence, Royal Helium's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.30.

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

TSXV:RHC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.62 Med: 49.38 Max: 2165.79
Current: 179.61

During the past 11 years, Royal Helium's highest Days Sales Outstanding was 2165.79. The lowest was 28.62. And the median was 49.38.

TSXV:RHC's Days Sales Outstanding is ranked worse than
91.11% of 934 companies
in the Oil & Gas industry
Industry Median: 49.05 vs TSXV:RHC: 179.61

Royal Helium's Days Sales Outstanding increased from Dec. 2022 (0.00) to Mar. 2024 (49.30).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Royal Helium Days Sales Outstanding Historical Data

The historical data trend for Royal Helium's Days Sales Outstanding 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 Days Sales Outstanding Chart

Royal Helium Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2,165.79

Royal Helium Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	383.62	49.30

Competitive Comparison of Royal Helium's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Royal Helium's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

Royal Helium Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

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

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.751	+	0.412)	/	2 )	/	0.098	*	365
=	0.5815					/	0.098	*	365
=	2,165.79

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

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.412	+	0.473)	/	2 )	/	0.819	*	365 / 4
=	0.4425					/	0.819	*	365 / 4
=	49.30

Royal Helium (TSXV:RHC) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Royal Helium Days Sales Outstanding Related Terms

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Royal Helium (TSXV:RHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Royal Helium Ltd (TSXV:RHC) » Definitions » Days Sales Outstanding

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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. Its project includes Saskatchewan Helium Play Elements for Success.

Executives

John Styles

Deemed Insider - 6 Months before becoming Insider

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