Helical (LSE:HLCL) Inventory Turnover : 235.46 (As of Mar. 2024)

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What is Helical 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. Helical's Cost of Goods Sold for the six months ended in Mar. 2024 was £6.59 Mil. Helical's Average Total Inventories for the quarter that ended in Mar. 2024 was £0.03 Mil. Helical's Inventory Turnover for the quarter that ended in Mar. 2024 was 235.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helical's Days Inventory for the six months ended in Mar. 2024 was 0.78.

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. Helical's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Helical Inventory Turnover Historical Data

The historical data trend for Helical'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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Helical Inventory Turnover Chart

Helical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.50

6.25

12.93

12.79

516.07

Helical Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.91	2.21	8.42	280.61	235.46

Helical Inventory Turnover Calculation

Helical's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	14.45	/ (	(0.028	+	0.028)	/	2 )
=	14.45	/	0.028
=	516.07

Helical's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	6.593	/ (	(0.028	+	0.028)	/	2 )
=	6.593	/	0.028
=	235.46

Helical (LSE:HLCL) 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.

Helical's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.028	/	6.593	*	365 / 2
	=	0.78

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.

Helical's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.028	/	20.681
	=	0.00

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.

Helical Inventory Turnover Related Terms

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Helical (LSE:HLCL) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Helical PLC (LSE:HLCL) » Definitions » Inventory Turnover

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HLCLl:UK HLCL.GB:UK

Address

5 Hanover Square, London, GBR, W1S 1HQ

Website

https://www.helical.co.uk

Helical PLC is a United Kingdom-based property investment and development company that operates across many sectors of the property industry. Its principal areas of business include high-yielding retail investments, central London office investments, central London office refurbishment, and development projects, regional pre-let food store developments, and retirement villages. The company operates in two segments including investment properties and development properties. It generates a majority of its revenue from Investment properties, which are owned or leased by the company for long-term income and capital appreciation.

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