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COCGF (Chuanglian Holdings) Days Inventory : 0.00 (As of Jun. 2023)


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What is Chuanglian Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chuanglian Holdings's Average Total Inventories for the six months ended in Jun. 2023 was $0.00 Mil. Chuanglian Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $21.57 Mil. Hence, Chuanglian Holdings's Days Inventory for the six months ended in Jun. 2023 was 0.00.

The historical rank and industry rank for Chuanglian Holdings's Days Inventory or its related term are showing as below:

COCGF's Days Inventory is not ranked *
in the Education industry.
Industry Median: 6.99
* Ranked among companies with meaningful Days Inventory only.

Chuanglian Holdings's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 2023 (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. Chuanglian Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.


Chuanglian Holdings Days Inventory Historical Data

The historical data trend for Chuanglian Holdings's Days 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.

* Premium members only.

Chuanglian Holdings Days Inventory Chart

Chuanglian Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Chuanglian Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Chuanglian Holdings's Days Inventory

For the Education & Training Services subindustry, Chuanglian Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chuanglian Holdings's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chuanglian Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chuanglian Holdings's Days Inventory falls into.



Chuanglian Holdings Days Inventory Calculation

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

Chuanglian Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 24.875*365
=0 / 24.875*365
=0.00

Chuanglian Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 21.568*365 / 2
=0 / 21.568*365 / 2
=0.00

* 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.


Chuanglian Holdings  (OTCPK:COCGF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Chuanglian Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

2. 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.

Chuanglian Holdings's Inventory to Revenue for the six months ended in Jun. 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Chuanglian Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Chuanglian Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chuanglian Holdings Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Rooms 2009-18, 20th floor, Shui On Centre, Wanchai, Hong Kong, HKG
Chuanglian Holdings Ltd, formerly China Chuanglian Education Financial Group Ltd engages in investment holding and securities trading. The operating segments of the company are Financial Services, Educational consultancy and online training and education, and Securities trading. It generates maximum revenue from Educational consultancy and online training and education segment. The company has its business presence in China and Hong Kong where China stands as the highest revenue generator.

Chuanglian Holdings Headlines

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