Academies Australasia Group (ASX:AKG) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Academies Australasia Group Change In Inventory?

Academies Australasia Group's change in inventory for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Academies Australasia Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Academies Australasia Group's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Academies Australasia Group's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Academies Australasia Group's Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Academies Australasia Group'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. Academies Australasia Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Academies Australasia Group Change In Inventory Historical Data

The historical data trend for Academies Australasia Group'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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Academies Australasia Group Change In Inventory Chart

Academies Australasia Group Annual Data

Trend

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Change In Inventory

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Academies Australasia Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Academies Australasia Group 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Academies Australasia Group (ASX:AKG) Change In Inventory Explanation

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

Academies Australasia Group'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	/	12.853	*	365 / 2
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.853	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	23.257
	=	0.00

Academies Australasia Group Change In Inventory Related Terms

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Academies Australasia Group (ASX:AKG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Academies Australasia Group Ltd (ASX:AKG) » Definitions » Change In Inventory

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Address

505 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.academies.edu.au

Academies Australasia Group Ltd is engaged in the provision of training and education services. It offers the English language, Senior High School, Singapore government school preparatory certificate, diploma, advanced diploma, and bachelor and master degree courses. The company has only one operating segment as Education. Its geographical segments are Australia and Singapore. The company generates maximum revenue from Australia.

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