Gaotu Techedu (Gaotu Techedu) Change In Inventory

: $0.0 Mil (TTM As of Sep. 2023)

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Gaotu Techedu's change in inventory for the quarter that ended in Sep. 2023 was $0.0 Mil. It means Gaotu Techedu's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Gaotu Techedu's change in inventory for the fiscal year that ended in Dec. 2022 was $0.0 Mil. It means Gaotu Techedu's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Gaotu Techedu's Total Inventories for the quarter that ended in Sep. 2023 was $4.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gaotu Techedu's Days Inventory for the quarter that ended in Sep. 2023 was 11.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gaotu Techedu's Inventory Turnover for the quarter that ended in Sep. 2023 was 8.05.

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. Gaotu Techedu's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

Gaotu Techedu Change In Inventory Historical Data

The historical data trend for Gaotu Techedu'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.

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Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Gaotu Techedu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Gaotu Techedu 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Gaotu Techedu (NYSE:GOTU) Change In Inventory Explanation

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

Gaotu Techedu's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.712	/	29.889	*	365 / 4
	=	11.33

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

Gaotu Techedu's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.889	/	3.712
	=	8.05

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.

Gaotu Techedu's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.712	/	108.17
	=	0.03

Gaotu Techedu Change In Inventory Related Terms

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Gaotu Techedu (Gaotu Techedu) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Change In Inventory

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18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.