Helios Towers (LSE:HTWS) Inventory Turnover : 19.88 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Helios Towers 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. Helios Towers's Cost of Goods Sold for the six months ended in Dec. 2023 was £183.2 Mil. Helios Towers's Average Total Inventories for the quarter that ended in Dec. 2023 was £9.2 Mil. Helios Towers's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helios Towers's Days Inventory for the six months ended in Dec. 2023 was 9.18.

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 Towers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Helios Towers Inventory Turnover Historical Data

The historical data trend for Helios Towers'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.

* Premium members only.

Helios Towers Inventory Turnover Chart

Helios Towers Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

26.24

28.71

30.44

30.22

32.32

Helios Towers Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									16.01	14.95	13.76	16.98	19.88

Helios Towers Inventory Turnover Calculation

Helios Towers'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 )
=	355.816	/ (	(11.987	+	10.033)	/	2 )
=	355.816	/	11.01
=	32.32

Helios Towers'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 )
=	183.201	/ (	(8.395	+	10.033)	/	2 )
=	183.201	/	9.214
=	19.88

Helios Towers (LSE:HTWS) 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.

Helios Towers'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
	=	9.214	/	183.201	*	365 / 2
	=	9.18

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.

Helios Towers'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 )
	=	9.214	/	292.932
	=	0.03

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.

Helios Towers Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Helios Towers's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Helios Towers (LSE:HTWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Helios Towers PLC (LSE:HTWS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HTWSF:USA HTWSl:UK 8HT:Germany

Address

5 Merchant Square West, 10th Floor, London, GBR, W2 1AS

Website

https://www.heliostowers.com

Helios Towers PLC is a United Kingdom-based company engaged in providing telecommunications towers and infrastructure. It offers tower-related operational services, including site selection, site preparation, maintenance, security and power management. The company's geographical operating segment includes Ghana, Tanzania, DRC, Congo Brazzaville, South Africa, Senegal, Madagascar, Malawi and Oman. It generates maximum revenue from the DRC segment. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, and Managed Services.

Helios Towers (LSE:HTWS) Headlines

No Headlines