HLLXF (Hellix Ventures) Inventory Turnover: 0.00 (As of Apr. 2014)


What is Hellix Ventures Inventory Turnover?

Hellix Ventures HLLXF -99.00% Inventory Turnover is 0.00 as of Apr. 2014.

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. Hellix Ventures's Cost of Goods Sold for the three months ended in Apr. 2014 was $0.01 Mil. Hellix Ventures's Average 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 three months ended in Apr. 2014 was 0.00.

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) 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.

Hellix Ventures's Days Inventory for the three months ended in Apr. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2014 )/Cost of Goods Sold (Q: Apr. 2014 )*Days in Period
=0/0.012*365 / 4
=0.00

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2014 ) / Revenue (Q: Apr. 2014 )
=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.

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.

Hellix Ventures Inventory Turnover Related Terms

Hellix Ventures Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hellix Ventures'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.

Hellix Ventures Inventory Turnover Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Inventory Turnover
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
Inventory Turnover 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 Inventory Turnover Calculation

Hellix Ventures's Inventory Turnover for the fiscal year that ended in Jul. 2013 is calculated as

Inventory Turnover (A: Jul. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2013 ) / ((Total Inventories (A: Jul. 2012 ) + Total Inventories (A: Jul. 2013 )) / count )
=0.078 / ((0 + 0) / 1 )
=0.078 / 0
=N/A

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

Inventory Turnover (Q: Apr. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2014 ) / ((Total Inventories (Q: Jan. 2014 ) + Total Inventories (Q: Apr. 2014 )) / count )
=0.012 / ((0 + 0) / 1 )
=0.012 / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Hellix Ventures (HLLXF) has a Inventory Turnover of 0.00 as of Apr. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hellix Ventures and its competitors.
Is Hellix Ventures' Inventory Turnover too high?
Hellix Ventures' current Inventory Turnover is 0.00.
How does Hellix Ventures' Inventory Turnover compare to EXNT and SNECQ?
Hellix Ventures' Inventory Turnover of 0.00 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 Inventory Turnover for an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hellix Ventures and its competitors. Hellix Ventures's current Inventory Turnover is 0.00. 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 Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Inventory Turnover is 0.00 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.