New Oriental Education & Technology Group (New Oriental Education & Technology Group) Inventories, Other

: $87 Mil (As of Nov. 2023)

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Other inventories including goods for resale, stocks in transit, consignment stocks, etc. New Oriental Education & Technology Group's other inventories for the quarter that ended in Nov. 2023 was $87 Mil.

New Oriental Education & Technology Group's quarterly other inventories increased from May. 2023 ($53 Mil) to Aug. 2023 ($63 Mil) and increased from Aug. 2023 ($63 Mil) to Nov. 2023 ($87 Mil).

New Oriental Education & Technology Group's annual other inventories declined from May. 2021 ($31 Mil) to May. 2022 ($28 Mil) but then increased from May. 2022 ($28 Mil) to May. 2023 ($53 Mil).

New Oriental Education & Technology Group Inventories, Other Historical Data

The historical data trend for New Oriental Education & Technology Group's Inventories, Other 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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New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Inventories, Other

29.05

31.32

31.18

27.93

52.69

New Oriental Education & Technology Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Inventories, Other																74.61	62.73	52.69	63.27	86.64

New Oriental Education & Technology Group Inventories, Other Calculation

Other inventories including goods for resale, stocks in transit, consignment stocks, etc.

New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Inventories, Other

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.