diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index cb85aedbb..45f257ede 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -190,6 +190,10 @@ This release makes the following breaking changes:
 
     *Simon Fish*
 
+* Deprecate `use_helper(s)`. Use `include MyHelper` or `helpers.` proxy instead.
+
+    *Joel Hawksley*
+
 * Reduce string allocations during compilation.
 
     *Jonathan del Strother*
diff --git a/lib/view_component/base.rb b/lib/view_component/base.rb
index 62308f264..0c6039a0e 100644
--- a/lib/view_component/base.rb
+++ b/lib/view_component/base.rb
@@ -620,7 +620,7 @@ def __vc_validate_collection_parameter!(validate_default: false)
         parameter = validate_default ? __vc_collection_parameter : provided_collection_parameter
 
         return unless parameter
-        return if initialize_parameter_names.include?(parameter) || splatted_keyword_argument_present?
+        return if __vc_initialize_parameter_names.include?(parameter) || splatted_keyword_argument_present?
 
         # If Ruby can't parse the component class, then the initialize
         # parameters will be empty and ViewComponent will not be able to render
@@ -637,34 +637,34 @@ def __vc_validate_collection_parameter!(validate_default: false)
       # methods.
       # @private
       def __vc_validate_initialization_parameters!
-        return unless initialize_parameter_names.include?(:content)
+        return unless __vc_initialize_parameter_names.include?(:content)
 
         raise ReservedParameterError.new(name, :content)
       end
 
       # @private
       def __vc_collection_parameter
-        provided_collection_parameter || name && name.demodulize.underscore.chomp("_component").to_sym
+        @provided_collection_parameter ||= name && name.demodulize.underscore.chomp("_component").to_sym
       end
 
       # @private
       def __vc_collection_counter_parameter
-        :"#{__vc_collection_parameter}_counter"
+        @__vc_collection_counter_parameter ||= :"#{__vc_collection_parameter}_counter"
       end
 
       # @private
       def __vc_counter_argument_present?
-        initialize_parameter_names.include?(__vc_collection_counter_parameter)
+        __vc_initialize_parameter_names.include?(__vc_collection_counter_parameter)
       end
 
       # @private
       def __vc_collection_iteration_parameter
-        :"#{__vc_collection_parameter}_iteration"
+        @__vc_collection_iteration_parameter ||= :"#{__vc_collection_parameter}_iteration"
       end
 
       # @private
       def __vc_iteration_argument_present?
-        initialize_parameter_names.include?(__vc_collection_iteration_parameter)
+        __vc_initialize_parameter_names.include?(__vc_collection_iteration_parameter)
       end
 
       private
@@ -674,10 +674,13 @@ def splatted_keyword_argument_present?
           !initialize_parameters.include?([:keyrest, :**]) # Un-named splatted keyword args don't count!
       end
 
-      def initialize_parameter_names
-        return attribute_names.map(&:to_sym) if respond_to?(:attribute_names)
-
-        initialize_parameters.map(&:last)
+      def __vc_initialize_parameter_names
+        @__vc_initialize_parameter_names ||=
+          if respond_to?(:attribute_names)
+            attribute_names.map(&:to_sym)
+          else
+            initialize_parameters.map(&:last)
+          end
       end
 
       def initialize_parameters
diff --git a/test/sandbox/test/rendering_test.rb b/test/sandbox/test/rendering_test.rb
index 4abb62985..7fbb359ce 100644
--- a/test/sandbox/test/rendering_test.rb
+++ b/test/sandbox/test/rendering_test.rb
@@ -610,6 +610,25 @@ def test_render_collection
     assert_selector("p", text: "Mints counter: 1")
   end
 
+  def test_render_collection_inline_allocations
+    # Stabilize compilation status ahead of testing allocations to simulate rendering
+    # performance with compiled component
+    ViewComponent::CompileCache.cache.delete(ProductComponent)
+    ProductComponent.__vc_ensure_compiled
+
+    allocations = {"3.5" => 79, "3.4" => 84, "3.3" => 110, "3.2" => 108}
+
+    products = [Product.new(name: "Radio clock"), Product.new(name: "Mints")]
+    notice = "On sale"
+    # Ensure any one-time allocations are done
+    render_inline(ProductComponent.with_collection(products, notice: notice))
+
+    assert_allocations(**allocations) do
+      render_inline(ProductComponent.with_collection(products, notice: notice))
+    end
+    assert_selector("h1", text: "Product", count: 2)
+  end
+
   def test_render_collection_custom_collection_parameter_name
     coupons = [Coupon.new(percent_off: 20), Coupon.new(percent_off: 50)]
     render_inline(ProductCouponComponent.with_collection(coupons))