RING ENERGY, INC. Quarterly Inventory, Net in USD from Q4 2021 to Q3 2024

Taxonomy & unit: us-gaap: USD
Description: Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.
Summary: Ring Energy, Inc. quarterly Inventory, Net history and growth rate from Q4 2021 to Q3 2024.
Ring Energy, Inc. Inventory, Net for the quarter ending September 30, 2024 was $4.63M, a 16.6% decline year-over-year.

Inventory, Net, Quarterly (USD)

Inventory, Net, YoY Quarterly Growth (%)

Period	Value	YoY Chg	Change %	Date	Report	Filed
Q3 2024	$4.63M	-$921K	-16.6%	Sep 30, 2024	10-Q	2024-11-06
Q2 2024	$5.78M	-$1.55M	-21.2%	Jun 30, 2024	10-Q	2024-08-06
Q1 2024	$5.97M	-$2.84M	-32.3%	Mar 31, 2024	10-Q	2024-05-06
Q4 2023	$6.14M	-$3.11M	-33.7%	Dec 31, 2023	10-Q	2024-11-06
Q3 2023	$5.55M			Sep 30, 2023	10-Q	2023-11-02
Q2 2023	$7.33M			Jun 30, 2023	10-Q	2023-08-03
Q1 2023	$8.81M			Mar 31, 2023	10-Q	2023-05-03
Q4 2022	$9.25M	+$9.25M		Dec 31, 2022	10-K	2024-03-07
Q4 2021	$0			Dec 31, 2021	10-K	2023-03-09

* An asterisk sign (*) next to the value indicates that the value is likely invalid.