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China Xinhua Education Group (HKSE:02779) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)


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What is China Xinhua Education Group Change In Inventory?

China Xinhua Education Group's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means China Xinhua Education Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Xinhua Education Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$0.0 Mil. It means China Xinhua Education Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

China Xinhua Education Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$0.0 Mil.

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


China Xinhua Education Group Change In Inventory Historical Data

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

China Xinhua Education Group Annual Data
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China Xinhua Education Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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China Xinhua 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

* 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.


China Xinhua Education Group  (HKSE:02779) Change In Inventory Explanation

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

China Xinhua 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
=0/162.373*365 / 2
=0.00

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

China Xinhua Education Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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

* 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 Xinhua Education Group (HKSE:02779) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088
China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.

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