Helio Energy JSC (HSTC:HIO) Inventory Turnover : 110.04 (As of Dec. 2024)

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What is Helio Energy JSC Inventory Turnover?

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. Helio Energy JSC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫16,509 Mil. Helio Energy JSC's Average Total Inventories for the quarter that ended in Dec. 2024 was ₫150 Mil. Helio Energy JSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 110.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helio Energy JSC's Days Inventory for the three months ended in Dec. 2024 was 0.83.

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. Helio Energy JSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Helio Energy JSC Inventory Turnover Historical Data

The historical data trend for Helio Energy JSC'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.

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Helio Energy JSC Inventory Turnover Chart

Helio Energy JSC Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

60.79

93.59

195.71

Helio Energy JSC Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial				32.92	31.09	30.91	51.90	110.04

Helio Energy JSC Inventory Turnover Calculation

Helio Energy JSC's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	67237.105	/ (	(537.095	+	150.025)	/	2 )
=	67237.105	/	343.56
=	195.71

Helio Energy JSC's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	16508.928	/ (	(150.025	+	150.025)	/	2 )
=	16508.928	/	150.025
=	110.04

Helio Energy JSC (HSTC:HIO) 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.

Helio Energy JSC's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	150.025	/	16508.928	*	365 / 4
	=	0.83

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.

Helio Energy JSC's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	150.025	/	24620.113
	=	0.01

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.

Helio Energy JSC Inventory Turnover Related Terms

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Helio Energy JSC Business Description

Industry

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Traded in Other Exchanges

N/A

Address

37 Ba Trieu, Hang Bai ward, 4th Floor, Hoan Kiem district, Hanoi, VNM

Website

http://www.helioenergy.vn

Helio Energy JSC is a company whose main business is renewable energy. It is involved in many projects such as Rooftop solar power projects in Binh Thuan province , Rooftop solar power projects in Dong Nai province and Rooftop solar power projects in Dong Nai province.