Helo (HLOC) Days Inventory : 2,614.66 (As of Sep. 2023)

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What is Helo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Helo's Average Total Inventories for the three months ended in Sep. 2023 was $4.47 Mil. Helo's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.16 Mil. Hence, Helo's Days Inventory for the three months ended in Sep. 2023 was 2,614.66.

The historical rank and industry rank for Helo's Days Inventory or its related term are showing as below:

During the past 7 years, Helo's highest Days Inventory was 9.40. The lowest was 4.73. And the median was 5.30.

HLOC's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 102.02
* Ranked among companies with meaningful Days Inventory only.

Helo's Days Inventory increased from Dec. 2018 (0.00) to Sep. 2023 (2,614.66). It might indicate that Helo's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Helo's Inventory Turnover for the three months ended in Sep. 2023 was 0.03.

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. Helo's Inventory-to-Revenue for the three months ended in Sep. 2023 was 3.50.

Helo Days Inventory Historical Data

The historical data trend for Helo's Days 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.

* Premium members only.

Helo Days Inventory Chart

Helo Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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4.73

5.30

9.40

Helo Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun22	Sep22	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	2.71	-	-	2,614.66

Competitive Comparison of Helo's Days Inventory

For the Consumer Electronics subindustry, Helo's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Helo's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Helo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Helo's Days Inventory falls into.

Helo Days Inventory Calculation

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

Helo's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0.1)	/	1 )	/	3.882	*	365
=	0.1					/	3.882	*	365
=	9.40

Helo's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.453	+	4.487)	/	2 )	/	0.156	*	365 / 4
=	4.47					/	0.156	*	365 / 4
=	2,614.66

Helo (OTCPK:HLOC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Helo's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.156	/	4.47
	=	0.03

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.

Helo's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.47	/	1.276
	=	3.50

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Helo Days Inventory Related Terms

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

Helo (HLOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Helo Corp (OTCPK:HLOC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Steuart Street, Suite 192750, San Francisco, CA, USA, 94119

Website

https://www.helocorp.com

Helo Corp is a life-sensing technology company. The company designs, manufactures and sells connected, next-generation, wearable devices, and mobile products. It designs and sells its own range of integrated mobile technology products such as SPACE Wireless smartphones and Helo smart bands. These products are manufactured by third-party factories in China. It also provides mobile telecom services to consumers through exclusive sales agreements with regional third-party distributors across the world.