Stride's change in inventory for the quarter that ended in Mar. 2024 was $-4 Mil. It means Stride's inventory
increased by $4 Mil
from Dec. 2023 to Mar. 2024 .
Stride's change in inventory for the fiscal year that ended in Jun. 2023 was $-19 Mil. It means Stride's inventory
increased by $19 Mil
from Jun. 2022 to Jun. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Stride's Days Inventory for the quarter that ended in Mar. 2024 was 5.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Stride's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.76.
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.
Stride's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.
Stride Change In Inventory Historical Data
The historical data trend for Stride's Change In 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12 Mil.
* 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.
Stride (NYSE:LRN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Stride's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Stride's Inventory to Revenue for the quarter that ended in Mar. 2024 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.
Stride Change In Inventory Related Terms
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Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
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