Helix Energy Solutions Group Inc (HLX)

Inventory turnover

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	1,089,372	1,059,945	978,152	888,650	822,484	740,049	684,433	679,278	659,335	631,520	612,666	623,426	653,646	651,617	650,290	642,513	614,071	614,443	617,490	617,424
Inventory	US$ in thousands	—	—	0	2,508	2,507	2,506	2,505	72,934	73,612	98,375	71,282	65,579	—	—	42,127	52,374	54,130	—	—	—
Inventory turnover		—	—	—	354.33	328.07	295.31	273.23	9.31	8.96	6.42	8.59	9.51	—	—	15.44	12.27	11.34	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,089,372K ÷ $—K
= —

Unfortunately, the provided table does not contain any data regarding Helix Energy Solutions Group Inc's inventory turnover for the specified periods. Therefore, it is not possible to conduct a detailed analysis of the company's inventory turnover based on the information provided. In order to assess and evaluate the efficiency of Helix Energy Solutions Group Inc's inventory management, it would be necessary to obtain the relevant inventory turnover figures for the respective quarters. These figures are crucial in determining how quickly the company's inventory is being sold and replenished, which can provide valuable insights into its operational efficiency and financial health.