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Leader Education (HKSE:01449) Days Inventory : 0.00 (As of Feb. 2024)


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What is Leader Education Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leader Education's Average Total Inventories for the six months ended in Feb. 2024 was HK$0.0 Mil. Leader Education's Cost of Goods Sold for the six months ended in Feb. 2024 was HK$115.1 Mil. Hence, Leader Education's Days Inventory for the six months ended in Feb. 2024 was 0.00.

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

During the past 7 years, Leader Education's highest Days Inventory was 284.38. The lowest was 197.24. And the median was 256.34.

HKSE:01449's Days Inventory is not ranked *
in the Education industry.
Industry Median: 8.065
* Ranked among companies with meaningful Days Inventory only.

Leader Education's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (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. Leader Education's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.00.


Leader Education Days Inventory Historical Data

The historical data trend for Leader Education'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.

Leader Education Days Inventory Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial 197.24 - - - -

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Leader Education's Days Inventory

For the Education & Training Services subindustry, Leader Education'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.


Leader Education's Days Inventory Distribution in the Education Industry

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

* The bar in red indicates where Leader Education's Days Inventory falls into.



Leader Education Days Inventory Calculation

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

Leader Education's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 183.988*365
=0 / 183.988*365
=0.00

Leader Education's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 115.129*365 / 2
=0 / 115.129*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.


Leader Education  (HKSE:01449) 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.

Leader Education's Inventory Turnover for the six months ended in Feb. 2024 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.

Leader Education's Inventory to Revenue for the six months ended in Feb. 2024 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.


Leader Education Days Inventory Related Terms

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


Leader Education (HKSE:01449) Business Description

Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

Leader Education (HKSE:01449) Headlines

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