Helo (HLOC) Receivables Turnover: 0.67 (As of Sep. 2023)

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HLOC Helo Corp HLOC
40 GF Score
Price $0.04
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What is Helo Receivables Turnover?

Helo HLOC 40 Receivables Turnover is 0.67 as of Sep. 2023. GuruFocus rates HLOC with a GF Score™ of 40/100.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Helo's Revenue for the three months ended in Sep. 2023 was $1.28 Mil. Helo's average Accounts Receivable for the three months ended in Sep. 2023 was $1.89 Mil. Hence, Helo's Receivables Turnover for the three months ended in Sep. 2023 was 0.67.


Helo  (OTCPK:HLOC) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Helo Receivables Turnover Related Terms


Helo Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Helo's Receivables 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.

Helo Receivables Turnover Chart

Helo Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial 0.00 3.53 4.67 10.28 0.00

Helo Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun22 Sep22 Jun23 Sep23
Receivables 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 0.70 0.67

HLOC vs VUZI: Receivables Turnover Comparison

For the Consumer Electronics subindustry, Helo's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Helo Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Helo's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Helo's Receivables Turnover falls into.


HLOC
40GF Score
Helo Corp HLOC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Helo Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Helo's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=5.032 / ((0 + 0) / 1 )
=5.032 / 0
=N/A

Helo's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1.276 / ((1.748 + 2.037) / 2 )
=1.276 / 1.8925
=0.67

* 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 Receivables Turnover →
What does a Receivables Turnover of 0.67 mean?
Helo (HLOC) has a Receivables Turnover of 0.67 as of Sep. 2023. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Helo and its competitors.
Is Helo's Receivables Turnover too high?
Helo's current Receivables Turnover is 0.67. The Hardware industry median Receivables Turnover is 4.89. Helo's value of 0.67 is 86.3% below this industry median. Overall, Helo has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Helo's Receivables Turnover compare to VUZI?
Helo's Receivables Turnover of 0.67 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.89. Helo's value of 0.67 is 86.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Helo's current Receivables Turnover of 0.67 is 86.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Helo and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helo's current Receivables Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helo stock overvalued right now?
Helo (HLOC) has a current Receivables Turnover of 0.67. The current Receivables Turnover is 0.67 and 86.3% below the Hardware industry median of 4.89. Helo's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Helo (HLOC), the current Receivables Turnover is 0.67 as of Sep. 2023. 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.

Helo Business Description

Address 3401 North Miami Avenue, Suite 202, Miami, FL, USA, 33127
Helo Corp is a life-sensing technology company. The company designs, manufactures, and sells connected, next-generation, wearable devices, and mobile products. It designs and sells its own range of integrated mobile technology products such as SPACE Wireless smartphones and Helo smart bands. These products are manufactured by third-party factories in China. It also provides mobile telecom services to consumers through exclusive sales agreements with regional third-party distributors across the world.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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