Sunlands Technology Group (Sunlands Technology Group) Days Inventory

: 0.00 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Sunlands Technology Group's Average Total Inventories for the three months ended in Sep. 2023 was $0.0 Mil. Sunlands Technology Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $8.8 Mil. Hence, Sunlands Technology Group's Days Inventory for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Sunlands Technology Group's Days Inventory or its related term are showing as below:

STG' s Days Inventory Range Over the Past 10 Years
Min: 8.61 Med: 10.56 Max: 19.61
Current: 19.61

During the past 8 years, Sunlands Technology Group's highest Days Inventory was 19.61. The lowest was 8.61. And the median was 10.56.

STG's Days Inventory is ranked worse than
68.99% of 158 companies
in the Education industry
Industry Median: 8.33 vs STG: 19.61

Sunlands Technology Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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. Sunlands Technology Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Sunlands Technology Group Days Inventory Historical Data

The historical data trend for Sunlands Technology Group's Days 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.

Sunlands Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

8.61

12.51

Sunlands Technology Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory																-	17.15	18.73	-	-

Competitive Comparison

For the Education & Training Services subindustry, Sunlands Technology Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sunlands Technology Group Days Inventory Distribution

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sunlands Technology Group's Days Inventory falls into.

Sunlands Technology Group Days Inventory Calculation

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

Sunlands Technology Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.393	+	2.03)	/	2 )	/	49.938	*	365
=	1.7115					/	49.938	*	365
=	12.51

Sunlands Technology Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	8.788	*	365 / 4
=	0					/	8.788	*	365 / 4
=	0.00

Sunlands Technology Group (NYSE:STG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Sunlands Technology Group's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.788	/	0
	=

2. 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.

Sunlands Technology Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	71.888
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Sunlands Technology Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Sunlands Technology Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunlands Technology Group (Sunlands Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Sunlands Technology Group (NYSE:STG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

S790:Germany

Address

No. 36 Chuangyuan Road, Building 4-6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.sunlands.com

Sunlands Technology Group is a provider of online post-secondary and professional education services in China. The company offers various degree- and diploma-oriented post-secondary courses through its online platforms. In addition, it provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The Group has one operating segment, which is the provision of online education services.