GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Helium One Global Ltd (LSE:HE1) » Definitions » Days Inventory

Helium One Global (LSE:HE1) Days Inventory : 1,370.65 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Helium One Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Helium One Global's Average Total Inventories for the six months ended in Dec. 2023 was £0.72 Mil. Helium One Global's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.10 Mil. Hence, Helium One Global's Days Inventory for the six months ended in Dec. 2023 was 1,370.65.

The historical rank and industry rank for Helium One Global's Days Inventory or its related term are showing as below:

LSE:HE1' s Days Inventory Range Over the Past 10 Years
Min: 1851.07   Med: 38477.08   Max: 58400
Current: 1851.07

During the past 6 years, Helium One Global's highest Days Inventory was 58400.00. The lowest was 1851.07. And the median was 38477.08.

LSE:HE1's Days Inventory is ranked worse than
97.44% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs LSE:HE1: 1851.07

Helium One Global's Days Inventory declined from Dec. 2022 (6,615.63) to Dec. 2023 (1,370.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Helium One Global's Inventory Turnover for the six months ended in Dec. 2023 was 0.13.

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. Helium One Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 721.00.


Helium One Global Days Inventory Historical Data

The historical data trend for Helium One Global's Days Inventory 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.

* Premium members only.

Helium One Global Days Inventory Chart

Helium One Global Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial - - 58,400.00 11,680.00 38,477.08

Helium One Global Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 10,995.63 8,075.63 6,615.63 55,571.25 1,370.65

Competitive Comparison of Helium One Global's Days Inventory

For the Other Industrial Metals & Mining subindustry, Helium One Global's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Helium One Global's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Helium One Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Helium One Global's Days Inventory falls into.



Helium One Global Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Helium One Global's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.096 + 1.169) / 2 ) / 0.006*365
=0.6325 / 0.006*365
=38,477.08

Helium One Global's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.169 + 0.273) / 2 ) / 0.096*365 / 2
=0.721 / 0.096*365 / 2
=1,370.65

* 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.


Helium One Global  (LSE:HE1) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Helium One Global's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Helium One Global's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Helium One Global Days Inventory Related Terms

Thank you for viewing the detailed overview of Helium One Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Helium One Global (LSE:HE1) Business Description

Traded in Other Exchanges
Address
Wickhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG1110
Helium One Global Ltd is a Helium exploration company. It is predominantly involved in helium exploration and holds three distinct project areas within the Company's portfolio in Tanzania: the Rukwa, Eyasi, and Balangida Projects. The company has two key geographical segments, being the British Virgin Islands which derives the majority of the revenue and Tanzania.

Helium One Global (LSE:HE1) Headlines

No Headlines