GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Perdoceo Education Corp (NAS:PRDO) » Definitions » Total Inventories

Perdoceo Education (Perdoceo Education) Total Inventories : $4.3 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Perdoceo Education Total Inventories?

Perdoceo Education's total inventories for the quarter that ended in Mar. 2024 was $4.3 Mil. Perdoceo Education's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $4.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Perdoceo Education's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $7.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perdoceo Education's Days Inventory for the three months ended in Mar. 2024 was 14.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Perdoceo Education's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.45.

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. Perdoceo Education's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.


Perdoceo Education Total Inventories Historical Data

The historical data trend for Perdoceo Education's Total Inventories 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.

Perdoceo Education Total Inventories Chart

Perdoceo Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.60 0.90 1.90 5.00

Perdoceo Education Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 2.88 2.18 5.00 4.25

Perdoceo Education Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Perdoceo Education  (NAS:PRDO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Perdoceo Education's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(641.409+0.75 * 41.942+0.5 * 4.251-185.859
-0-0)/65.6026
=7.46

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

Perdoceo Education's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=4.6275/29.858*365 / 4
=14.14

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

Perdoceo Education's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=29.858 / 4.6275
=6.45

4. 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.

Perdoceo Education's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=4.6275 / 168.264
=0.03

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Perdoceo Education Total Inventories Related Terms

Thank you for viewing the detailed overview of Perdoceo Education's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Perdoceo Education (Perdoceo Education) Business Description

Traded in Other Exchanges
Address
1750 E. Golf Road, Schaumburg, IL, USA, 60173
Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.
Executives
Todd S Nelson director, officer: President & CEO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
John Robert Kline officer: SVP, AIU PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Michele A Peppers officer: Principal Accounting Officer PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Andrew Hurst officer: SVP PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Ashish R Ghia officer: Interim CFO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
David C. Czeszewski officer: SVP, CIO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Patrick W Gross director
Gregory L. Jackson director 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Leslie T Thornton director 3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
Thomas B Lally director 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Elise Baskel officer: SVP, CTU 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Greg E. Jansen officer: SVP, General Counsel 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Jeffrey David Ayers officer: SVP PERDOCEO EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Alan Dupree Wheat director PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Richard D Wang director C/O TENZING GLOBAL MANAGEMENT LLC, 388 MARKET STREET SUITE 860, SAN FRANCISCO CA 94111