China New Higher Education Group (FRA:8CN) Change In Inventory : €0.0 Mil (TTM As of Aug. 2024)

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What is China New Higher Education Group Change In Inventory?

China New Higher Education Group's change in inventory for the quarter that ended in Aug. 2024 was €0.0 Mil. It means China New Higher Education Group's inventory stayed the same from Feb. 2024 to Aug. 2024 .

China New Higher Education Group's change in inventory for the fiscal year that ended in Aug. 2024 was €0.0 Mil. It means China New Higher Education Group's inventory stayed the same from Aug. 2023 to Aug. 2024 .

China New Higher Education Group's Total Inventories for the quarter that ended in Aug. 2024 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China New Higher Education Group's Days Inventory for the quarter that ended in Aug. 2024 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. China New Higher Education Group's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.00.

China New Higher Education Group Change In Inventory Historical Data

The historical data trend for China New Higher Education 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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China New Higher Education Group Change In Inventory Chart

China New Higher Education Group Annual Data

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Change In Inventory

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China New Higher Education Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Change In Inventory	Get a 7-Day Free Trial														-	-	-	-	-

China New Higher Education 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

China New Higher Education Group (FRA:8CN) Change In Inventory Explanation

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

China New Higher Education 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	/	94.663	*	365 / 2
	=	0.00

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

China New Higher Education Group's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.663	/	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.

China New Higher Education Group's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	139.701
	=	0.00

China New Higher Education Group Change In Inventory Related Terms

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China New Higher Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China New Higher Education Group Ltd (FRA:8CN) » Definitions » Change In Inventory

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Traded in Other Exchanges

02001:Hong Kong 8CN:Germany

Address

5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN

Website

https://www.xingaojiao.com

China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 139,000 for the academic year 2024/25. CNHE currently operates eight schools, up from only two schools in 2016.

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