Hello Pal International (XCNQ:HP) Inventory Turnover : 0.00 (As of Feb. 2023)

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What is Hello Pal International 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. Hello Pal International's Cost of Goods Sold for the three months ended in Feb. 2023 was C$5.18 Mil. Hello Pal International's Average Total Inventories for the quarter that ended in Feb. 2023 was C$0.00 Mil.

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

Hello Pal International Inventory Turnover Historical Data

The historical data trend for Hello Pal International'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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Hello Pal International Inventory Turnover Chart

Hello Pal International Annual Data

Trend

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Feb23

Inventory Turnover

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Hello Pal International Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Nov22	Feb23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Hello Pal International Inventory Turnover Calculation

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

	Inventory Turnover (A: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2023 )	/ (	(Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )
=	21.386	/ (	(0	+	0)	/	1 )
=	21.386	/	0
=	N/A

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

	Inventory Turnover (Q: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2023 )	/ (	(Total Inventories (Q: Nov. 2022 )	+	Total Inventories (Q: Feb. 2023 ))	/	count )
=	5.182	/ (	(0	+	0)	/	1 )
=	5.182	/	0
=	N/A

Hello Pal International (XCNQ:HP) 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.

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

Days Inventory	=	Average Total Inventories (Q: Feb. 2023 )	/	Cost of Goods Sold (Q: Feb. 2023 )	*	Days in Period
	=	0	/	5.182	*	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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2023 )	/	Revenue (Q: Feb. 2023 )
	=	0	/	5.859
	=	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.

Hello Pal International Inventory Turnover Related Terms

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Hello Pal International (XCNQ:HP) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hello Pal International Inc (XCNQ:HP) » Definitions » Inventory Turnover

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HLLPF:USA

Address

200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1

Website

https://www.hellopal.com

Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.