Stride (MEX:LRN) Change In Inventory : MXN-98 Mil (TTM As of Sep. 2024)

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What is Stride Change In Inventory?

Stride's change in inventory for the quarter that ended in Sep. 2024 was MXN-183 Mil. It means Stride's inventory increased by MXN183 Mil from Jun. 2024 to Sep. 2024 .

Stride's change in inventory for the fiscal year that ended in Jun. 2024 was MXN-163 Mil. It means Stride's inventory increased by MXN163 Mil from Jun. 2023 to Jun. 2024 .

Stride's Total Inventories for the quarter that ended in Sep. 2024 was MXN439 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stride's Days Inventory for the quarter that ended in Sep. 2024 was 7.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stride's Inventory Turnover for the quarter that ended in Sep. 2024 was 11.86.

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. Stride's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.05.

Stride Change In Inventory Historical Data

The historical data trend for Stride'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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Stride Change In Inventory Chart

Stride Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Inventory

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-373.49

-779.60

96.53

-332.40

-162.63

Stride Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-249.61	258.23	-60.51	-112.01	-183.32

Stride 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-98 Mil.

Stride (MEX:LRN) Change In Inventory Explanation

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

Stride's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	556.3475	/	6600.799	*	365 / 4
	=	7.69

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

Stride's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6600.799	/	556.3475
	=	11.86

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.

Stride's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	556.3475	/	10851.009
	=	0.05

Stride Change In Inventory Related Terms

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Stride Business Description

Industry

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Comparable Companies

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LRN:USA 0AJ:Germany 0AJ:Germany

Address

11720 Plaza America, 9th Floor, Reston, VA, USA, 20190

Website

https://www.stridelearning.com

Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.