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Helios Technologies (Helios Technologies) Total Inventories : $215.1 Mil (As of Dec. 2023)


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What is Helios Technologies Total Inventories?

Helios Technologies's total inventories for the quarter that ended in Dec. 2023 was $215.1 Mil. Helios Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $211.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Helios Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-15.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helios Technologies's Days Inventory for the three months ended in Dec. 2023 was 139.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Helios Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.65.

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. Helios Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.10.


Helios Technologies Total Inventories Historical Data

The historical data trend for Helios Technologies'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.

* Premium members only.

Helios Technologies Total Inventories Chart

Helios Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.20 110.37 165.60 191.60 215.10

Helios Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 191.60 202.40 205.70 208.70 215.10

Helios Technologies 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.


Helios Technologies  (NYSE:HLIO) 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.

Helios Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(32.4+0.75 * 114.8+0.5 * 215.1-735.8
-0-0)/33.1
=-15.40

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

Helios Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=211.9/138.2*365 / 4
=139.91

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

Helios Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=138.2 / 211.9
=0.65

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.

Helios Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=211.9 / 193.4
=1.10

* 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.


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.


Helios Technologies Total Inventories Related Terms

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Helios Technologies (Helios Technologies) Business Description

Traded in Other Exchanges
Address
7456 16th Street E, Sarasota, FL, USA, 34243
Helios Technologies Inc is a United States-based industrial technology company that develops, manufactures, and markets solutions for the hydraulics and electronics markets. It operates under two business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic cartridge valves, hydraulic quick release couplings as well as engineers complete hydraulic systems. The Electronics segment designs and manufactures customized electronic controls systems and displays for a variety of end markets including industrial and mobile, recreational and health and wellness.
Executives
Sean Bagan officer: Chief Financial Officer C/O HELIOS TECHNOLOGIES, INC., 7456 16TH STREET EAST, SARASOTA FL 34243
Philippe Lemaitre director 7456 16TH STREET EAST, SARASOTA FL 34243
Frederick Joseph Martich officer: Pres. of Hydraulics, Americas C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Lee Francis Wichlacz officer: President, Electronics C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Diana Sacchi director 2227 WELBILT BLVD, NEW PORT RICHEY FL 34655
Marc A Greenberg officer: General Counsel and Secretary 7456 16TH STREET EAST, SARASOTA FL 34243
Melanie M Nealis officer: Chief Legal & Compliance Offic 7456 16TH STREET EAST, SARASOTA FL 34243
Marc Bertoneche director 7456 16TH STREET EAST, SARASOTA FL 33316
Tricia L Fulton officer: Chief Financial Officer 7456 16TH STREET EAST, SARASOTA FL 34243
Matteo Arduini officer: Officer 7456 16TH STREET EAST, SARASOTA FL 34243
Jason Lemar Morgan officer: President, CVT 1500 WEST UNIVERSITY PKWY, SARASOTA FL 34243
Josef Matosevic officer: President and CEO 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Cary Chenanda director 7456 16TH STREET EAST, SARASOTA FL 34243
Gregory C Yadley director 101 E. KENNEDY BLVD., SUITE 2800, TAMPA FL 33602
Alexander Schuetz director 7456 16TH STREET EAST, SARASOTA FL 34243

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