Helix Exploration (LSE:HEX) Inventory Turnover : 0.00 (As of . 20)

View and export this data going back to 2024. Start your Free Trial

What is Helix Exploration Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Helix Exploration's Cost of Goods Sold for the six months ended in . 20 was £0.00 Mil. Helix Exploration's Average Total Inventories for the quarter that ended in . 20 was £0.00 Mil.

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

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.

Helix Exploration Inventory Turnover Historical Data

The historical data trend for Helix Exploration's Inventory Turnover 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.

* Premium members only.

Helix Exploration Inventory Turnover Chart

Helix Exploration Annual Data

Trend

Inventory Turnover

Helix Exploration Semi-Annual Data

Inventory Turnover

Helix Exploration Inventory Turnover Calculation

Helix Exploration's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Helix Exploration's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Helix Exploration (LSE:HEX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Helix Exploration's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Helix Exploration's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Helix Exploration Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Helix Exploration's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Helix Exploration (LSE:HEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Helix Exploration PLC (LSE:HEX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

25EP, Eccleston Yards, 25 Eccleston Place, London, GBR, SW1W 9NF

Website

https://www.helixexploration.com

Helix Exploration PLC is a helium exploration company with operations in Montana, North America.

Helix Exploration (LSE:HEX) Headlines

No Headlines