HLLXF (Hellix Ventures) Change In Inventory: $0.00 Mil (TTM As of Apr. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hellix Ventures Change In Inventory?

Hellix Ventures HLLXF -99.00% Change In Inventory is $0.00 Mil as of Apr. 2014.

Hellix Ventures's change in inventory for the quarter that ended in Apr. 2014 was $0.00 Mil. It means Hellix Ventures's inventory stayed the same from Jan. 2014 to Apr. 2014 .

Hellix Ventures's change in inventory for the fiscal year that ended in Jul. 2013 was $0.00 Mil. It means Hellix Ventures's inventory stayed the same from Jul. 2012 to Jul. 2013 .

Hellix Ventures's Total Inventories for the quarter that ended in Apr. 2014 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hellix Ventures's Days Inventory for the quarter that ended in Apr. 2014 was 0.00.

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

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. Hellix Ventures's Inventory-to-Revenue for the quarter that ended in Apr. 2014 was 0.00.

Hellix Ventures  (OTCPK:HLLXF) Change In Inventory Explanation

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

Hellix Ventures's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0.012*365 / 4
=0.00

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

Hellix Ventures's Inventory Turnover for the quarter that ended in Apr. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.012 / 0
=N/A

3. 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.

Hellix Ventures's Inventory to Revenue for the quarter that ended in Apr. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.022
=0.00

* 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.

Hellix Ventures Change In Inventory Related Terms

Hellix Ventures Change In Inventory Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Change In Inventory 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.

Hellix Ventures Change In Inventory Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
Change In Inventory 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 0.00 0.00 0.00 0.00 0.00

Hellix Ventures Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Apr. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
Hellix Ventures (HLLXF) has a Change In Inventory of $0.00 Mil as of Apr. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hellix Ventures and its competitors.
Is Hellix Ventures' Change In Inventory too high?
Hellix Ventures' current Change In Inventory is $0.00 Mil.
How does Hellix Ventures' Change In Inventory compare to EXNT and SNECQ?
Hellix Ventures' Change In Inventory of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hellix Ventures and its competitors. Hellix Ventures's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellix Ventures stock overvalued right now?
Hellix Ventures (HLLXF) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Change In Inventory is $0.00 Mil as of Apr. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hellix Ventures Business Description

Industry EnergyOil & Gas
Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.