Edvantage Group Holdings (HKSE:00382) Change In Inventory : HK$0 Mil (TTM As of Aug. 2023)

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

What is Edvantage Group Holdings Change In Inventory?

Edvantage Group Holdings's change in inventory for the quarter that ended in Aug. 2023 was HK$0 Mil. It means Edvantage Group Holdings's inventory stayed the same from Feb. 2023 to Aug. 2023 .

Edvantage Group Holdings's change in inventory for the fiscal year that ended in Aug. 2023 was HK$-0 Mil. It means Edvantage Group Holdings's inventory increased by HK$0 Mil from Aug. 2022 to Aug. 2023 .

Edvantage Group Holdings's Total Inventories for the quarter that ended in Aug. 2023 was HK$11 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Edvantage Group Holdings's Days Inventory for the quarter that ended in Aug. 2023 was 5.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Edvantage Group Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 was 35.07.

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. Edvantage Group Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.01.

Edvantage Group Holdings Change In Inventory Historical Data

The historical data trend for Edvantage Group Holdings'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.

* Premium members only.

Edvantage Group Holdings Change In Inventory Chart

Edvantage Group Holdings Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

Get a 7-Day Free Trial

0.04

-0.53

-0.86

-7.96

-0.47

Edvantage Group Holdings Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Edvantage Group Holdings Change In Inventory Calculation

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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Edvantage Group Holdings (HKSE:00382) Change In Inventory Explanation

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

Edvantage Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.584	/	511.42	*	365 / 2
	=	5.20

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Edvantage Group Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	511.42	/	14.584
	=	35.07

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.

Edvantage Group Holdings's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.584	/	1079.948
	=	0.01

Edvantage Group Holdings Change In Inventory Related Terms

Thank you for viewing the detailed overview of Edvantage Group Holdings's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Edvantage Group Holdings (HKSE:00382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN

Website

https://www.edvantagegroup.com.hk

Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

No Headlines