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China 21st Century Education Group (HKSE:01598) Days Inventory : 0.00 (As of Dec. 2023)


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What is China 21st Century Education Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China 21st Century Education Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. China 21st Century Education Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$152.2 Mil. Hence, China 21st Century Education Group's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for China 21st Century Education Group's Days Inventory or its related term are showing as below:

HKSE:01598's Days Inventory is not ranked *
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

China 21st Century Education Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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. China 21st Century Education Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


China 21st Century Education Group Days Inventory Historical Data

The historical data trend for China 21st Century Education Group'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.

China 21st Century Education Group Days Inventory Chart

China 21st Century Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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China 21st Century Education Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of China 21st Century Education Group's Days Inventory

For the Education & Training Services subindustry, China 21st Century Education Group'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.


China 21st Century Education Group's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China 21st Century Education Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China 21st Century Education Group's Days Inventory falls into.



China 21st Century Education Group Days Inventory Calculation

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

China 21st Century Education Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 278.989*365
=0 / 278.989*365
=0.00

China 21st Century Education Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 152.212*365 / 2
=0 / 152.212*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.


China 21st Century Education Group  (HKSE:01598) 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.

China 21st Century Education Group's Inventory Turnover for the six months ended in Dec. 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.

China 21st Century Education Group's Inventory to Revenue for the six months 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.


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.


China 21st Century Education Group Days Inventory Related Terms

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China 21st Century Education Group (HKSE:01598) Business Description

Traded in Other Exchanges
N/A
Address
Zhonghai Plaza, 15th Floor, South Tower, 8 Guanghua Dongli, Chaoyang District, Beijing, CHN, 050000
China 21st Century Education Group Ltd is an investment holding company. It is engaged in the provision of education services and related management services. The company's operating segments are Vocational education and Non-vocational education. It generates a majority of its revenue from the Vocational education business segment. Geographically, the firm generates its revenue from Mainland China.
Executives
Li Yunong 2305 Beneficiary of a trust
Li Yasheng 2305 Beneficiary of a trust
Li Yu Nong 2101 Beneficial owner
Cao Yang 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee
Leonus Holdings Limited 2201 Interest of corporation controlled by you
Sainange Holdings Company Limited 2101 Beneficial owner
Sainray Limited
Cao Ji De
Luo Xin Lan

China 21st Century Education Group (HKSE:01598) Headlines

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