Hello Pal International (XCNQ:HP) Days Inventory: (As of Feb. 2023)

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What is Hello Pal International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hello Pal International's Average Total Inventories for the three months ended in Feb. 2023 was C$0.00 Mil. Hello Pal International's Cost of Goods Sold for the three months ended in Feb. 2023 was C$6.16 Mil. Hence, Hello Pal International's Days Inventory for the three months ended in Feb. 2023 was 0.00.

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

XCNQ:HP's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.645
* Ranked among companies with meaningful Days Inventory only.

Hello Pal International's Days Inventory stayed the same from Feb. 2022 () to Feb. 2023 ().

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. Hello Pal International's Inventory-to-Revenue for the three months ended in Feb. 2023 was 0.00.

Hello Pal International  (XCNQ:HP) 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.

Hello Pal International's Inventory Turnover for the three months ended in Feb. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.162506 / 0
=

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.

Hello Pal International's Inventory to Revenue for the three months ended in Feb. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 5.858922
=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.

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.

Hello Pal International Days Inventory Related Terms

Hello Pal International Days Inventory Historical Data

* Premium members only.

The historical data trend for Hello Pal International'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.

Hello Pal International Days Inventory Chart

Hello Pal International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Inventory
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Hello Pal International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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XCNQ:HP vs NIRLQ, XNDA, KBNT: Days Inventory Comparison

For the Software - Application subindustry, Hello Pal International'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.

Hello Pal International Days Inventory vs Software Industry

For the Software industry and Technology sector, Hello Pal International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hello Pal International's Days Inventory falls into.


Hello Pal International Days Inventory Calculation

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

Hello Pal International's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

Days Inventory (A: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 24.928429*365
=0 / 24.928429*365
=0.00

Hello Pal International's Days Inventory for the quarter that ended in Feb. 2023 is calculated as:

Days Inventory (Q: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 6.162506*365 / 4
=0 / 6.162506*365 / 4
=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.

Hello Pal International Business Description

Address 1000 1055 West Hastings Street, Vancouver, BC, CAN, V6E 2E9
Hello Pal International Inc. is a Canadian technology company that operates a mobile social platform combining live streaming, language learning, and social networking features. Its main business is the Hello Pal app, which lets users connect with people around the world for language exchange and cultural interaction, and offers live-streaming services where users purchase virtual gifts and currency. The company also operates a cryptocurrency mining segment that provides computing power to blockchain networks. Its user base is largely international, with a significant portion of live-streaming revenue generated in Asia, and it maintains operations in Canada. Revenue comes primarily from in-app purchases and virtual item sales on the live-streaming platform, supplemented by cryptocurrency mining activities.