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American Education Center (American Education Center) Inventory Turnover : 0.00 (As of Jun. 2021)


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What is American Education Center Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. American Education Center's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.01 Mil. American Education Center's Average Total Inventories for the quarter that ended in Jun. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Education Center's Days Inventory for the three months ended in Jun. 2021 was 0.00.

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. American Education Center's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

American Education Center Inventory Turnover Historical Data

The historical data trend for American Education Center's Inventory Turnover 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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American Education Center Inventory Turnover Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
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American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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American Education Center Inventory Turnover Calculation

American Education Center's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=0.167 / ((0 + 0) / 1 )
=0.167 / 0
=N/A

American Education Center's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=0.011 / ((0 + 0) / 1 )
=0.011 / 0
=N/A

* 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.

American Education Center  (OTCPK:AMCT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

American Education Center's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=0/0.011*365 / 4
=0.00

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.

American Education Center's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0 / 0.064
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

American Education Center Inventory Turnover Related Terms

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American Education Center (American Education Center) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » American Education Center Inc (OTCPK:AMCT) » Definitions » Inventory Turnover
Comparable Companies
MSYN HKSE:08341 BOM:541735 QPRC AMMJ WAR:TLT WAR:DGA HKSE:08455 WSCO WAR:ERH
Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, 10th Floor, New York, NY, USA, 10020
Website
https://www.aec100.com
American Education Center Inc is a United States-based company engaged in the providing of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments namely AEC New York segment and AEC BVI segment. The majority of the revenue is generated from the AEC New York segment which capitalizes middle-class families in China for quality education and works experiences in the United States( US) and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the US.