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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. Helios Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was $214.5 Mil. Helios Technologies's Revenue for the three months ended in Mar. 2024 was $212.0 Mil. Helios Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.01.
Helios Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.10) to Dec. 2023 (1.01)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenueDays Inventory indicates the number of days of goods in sales that a company has in the inventory. Helios Technologies's Days Inventory for the three months ended in Mar. 2024 was 135.17.
Inventory Turnover measures how fast the company turns over its inventory within a year. Helios Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.
The historical data trend for Helios Technologies's Inventory-to-Revenue 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.
Helios Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Inventory-to-Revenue | Get a 7-Day Free Trial | 0.15 | 0.19 | 0.16 | 0.20 | 0.24 |
Helios Technologies Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | 0.92 | 0.90 | 1.03 | 1.10 | 1.01 |
For the Specialty Industrial Machinery subindustry, Helios Technologies's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
For the Industrial Products industry and Industrials sector, Helios Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Helios Technologies's Inventory-to-Revenue falls into.
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.
Helios Technologies's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
Inventory-to-Revenue (A: Dec. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Revenue (A: Dec. 2023 ) |
= | ( (191.6 | + | 215.1) | / | 2 ) | / | 835.6 |
= | 203.35 | / | 835.6 | ||||
= | 0.24 |
Helios Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as
Inventory-to-Revenue (Q: Mar. 2024 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Revenue (Q: Mar. 2024 ) |
= | ( (215.1 | + | 213.9) | / | 2 ) | / | 212 |
= | 214.5 | / | 212 | ||||
= | 1.01 |
* 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.
Helios Technologies (NYSE:HLIO) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenueLikewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Helios Technologies's Days Inventory for the three 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 |
= | 214.5 | / | 144.8 | * | 365 / 4 | |
= | 135.17 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Helios Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2024 ) | / | Average Total Inventories (Q: Mar. 2024 ) |
= | 144.8 | / | 214.5 | |
= | 0.68 |
* 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.
Thank you for viewing the detailed overview of Helios Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sean Bagan | officer: Chief Financial Officer | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH STREET EAST, SARASOTA FL 34243 |
Philippe Lemaitre | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Frederick Joseph Martich | officer: Pres. of Hydraulics, Americas | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243 |
Lee Francis Wichlacz | officer: President, Electronics | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243 |
Diana Sacchi | director | 2227 WELBILT BLVD, NEW PORT RICHEY FL 34655 |
Marc A Greenberg | officer: General Counsel and Secretary | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Melanie M Nealis | officer: Chief Legal & Compliance Offic | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Marc Bertoneche | director | 7456 16TH STREET EAST, SARASOTA FL 33316 |
Tricia L Fulton | officer: Chief Financial Officer | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Matteo Arduini | officer: Officer | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Jason Lemar Morgan | officer: President, CVT | 1500 WEST UNIVERSITY PKWY, SARASOTA FL 34243 |
Josef Matosevic | officer: President and CEO | 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243 |
Cary Chenanda | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Gregory C Yadley | director | 101 E. KENNEDY BLVD., SUITE 2800, TAMPA FL 33602 |
Alexander Schuetz | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
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