Chegg (XTER:0CG) Change In Inventory

: €0.0 Mil (TTM As of Dec. 2023)

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Chegg's change in inventory for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Chegg's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Chegg's change in inventory for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means Chegg's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Chegg's Total Inventories for the quarter that ended in Dec. 2023 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chegg's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Chegg's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Chegg Change In Inventory Historical Data

The historical data trend for Chegg'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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Chegg Annual Data

Trend

Dec14

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Change In Inventory

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Chegg 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															-	-	-	-	-

Chegg 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Chegg (XTER:0CG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	42.002	*	365 / 4
	=	0.00

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

Chegg's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.002	/	0
	=	N/A

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.

Chegg's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	172.384
	=	0.00

Chegg Change In Inventory Related Terms

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Chegg (XTER:0CG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chegg Inc (XTER:0CG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CHGG:USA 0CG:Germany

Address

3990 Freedom Circle, Santa Clara, CA, USA, 95054

Website

https://www.chegg.com

Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.

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