HLLXF (Hellix Ventures) Total Inventories: $0.00 Mil (As of Apr. 2014)


What is Hellix Ventures Total Inventories?

Hellix Ventures HLLXF -99.00% Total Inventories is $0.00 Mil as of Apr. 2014.

Hellix Ventures's total inventories for the quarter that ended in Apr. 2014 was $0.00 Mil. Hellix Ventures's average total inventories from the quarter that ended in Jan. 2014 to the quarter that ended in Apr. 2014 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hellix Ventures's Net-Net Working Capital per share for the quarter that ended in Apr. 2014 was $0.01.

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 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. Hellix Ventures's Inventory-to-Revenue for the quarter that ended in Apr. 2014 was 0.00.

Hellix Ventures  (OTCPK:HLLXF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hellix Ventures's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2014 is

Net-Net Working Capital Per Share (Q: Apr. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.109+0.75 * 0.01+0.5 * 0-0.436
-0-0)/46.543
=0.01

2. 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

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

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

4. 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Hellix Ventures Total Inventories Related Terms

Hellix Ventures Total Inventories Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Total Inventories 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 Total Inventories Chart

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

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Hellix Ventures (HLLXF) has a Total Inventories of $0.00 Mil as of Apr. 2014. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hellix Ventures and its competitors.
Is Hellix Ventures' Total Inventories too high?
Hellix Ventures' current Total Inventories is $0.00 Mil.
How does Hellix Ventures' Total Inventories compare to EXNT and SNECQ?
Hellix Ventures' Total Inventories of $0.00 Mil 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hellix Ventures and its competitors. Hellix Ventures's current Total Inventories is $0.00 Mil. 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 Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Total Inventories is $0.00 Mil 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.