Helens International Holdings Co (HKSE:09869) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Helens International Holdings Co 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. Helens International Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0 Mil. Helens International Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$26 Mil. Helens International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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

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.

Helens International Holdings Co Inventory Turnover Historical Data

The historical data trend for Helens International Holdings Co'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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Helens International Holdings Co Inventory Turnover Chart

Helens International Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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18.69

15.08

21.28

20.00

22.41

Helens International Holdings Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					8.97	8.29	5.10	11.40	-

Helens International Holdings Co Inventory Turnover Calculation

Helens International Holdings Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	697.676	/ (	(40.159	+	22.113)	/	2 )
=	697.676	/	31.136
=	22.41

Helens International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(30.124	+	22.113)	/	2 )
=	0	/	26.1185
=	0.00

Helens International Holdings Co (HKSE:09869) 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.

Helens International Holdings Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	26.1185	/	0	*	365 / 2
	=

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.

Helens International Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	26.1185	/	0
	=

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.

Helens International Holdings Co Inventory Turnover Related Terms

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Helens International Holdings Co (HKSE:09869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Helens International Holdings Co Ltd (HKSE:09869) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

5ZW:Germany

Address

No. 792 Gaoxin Avenue, Building B2, Guanggu Chongwen Centre Phase I, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN

Website

https://www.helensbar.com

Helens International Holdings Co Ltd is principally engaged in bar operations and franchise business.

Executives

Cantrust (far East) Limited	2301 Trustee
Hhl International Limited	2101 Beneficial owner
Hlsh Holding Limited	2201 Interest of corporation controlled by you
Xu Bingzhong	2307 Founder of a discretionary trust who can infl
Xu Bingzhong	2307 Founder of a discretionary trust who can infl

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