TCTM Kids IT Education (FRA:0T8B) Change In Inventory : €0.0 Mil (TTM As of Jun. 2024)

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What is TCTM Kids IT Education Change In Inventory?

TCTM Kids IT Education's change in inventory for the quarter that ended in Jun. 2024 was €0.0 Mil. It means TCTM Kids IT Education's inventory stayed the same from Dec. 2023 to Jun. 2024 .

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

TCTM Kids IT Education's Total Inventories for the quarter that ended in Jun. 2024 was €1.3 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. TCTM Kids IT Education's Inventory Turnover for the quarter that ended in Jun. 2024 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.

TCTM Kids IT Education Change In Inventory Historical Data

The historical data trend for TCTM Kids IT Education'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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TCTM Kids IT Education Change In Inventory Chart

TCTM Kids IT Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.46

0.09

TCTM Kids IT Education Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

TCTM Kids IT Education 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

TCTM Kids IT Education (FRA:0T8B) Change In Inventory Explanation

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

TCTM Kids IT Education's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.6665	/	0	*	365 / 4
	=	N/A

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

TCTM Kids IT Education's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.6665
	=	0.00

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.

TCTM Kids IT Education's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6665	/	0
	=	N/A

TCTM Kids IT Education Change In Inventory Related Terms

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TCTM Kids IT Education Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (FRA:0T8B) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VSA:USA 0T8B:Germany

Address

No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011

Website

https://www.tedu.cn

TCTM Kids IT Education Inc engages in the provision of IT-focused education services in Mainland China. The company has a single reportable segment: IT-focused Supplementary STEM Education Services. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers. The company also operates an education platform that offers distance instruction, classroom-based learning, and online learning modules.

TCTM Kids IT Education Headlines

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