The historical rank and industry rank for Top Education Group's Days Inventory or its related term are showing as below:
During the past 10 years, Top Education Group's highest Days Inventory was 3.99. The lowest was 3.00. And the median was 3.07.
HKSE:01752's Days Inventory is not ranked *
in the Education industry.
Industry Median: 7.44 * Ranked among companies with meaningful Days Inventory only.
Top Education Group's Days Inventory
stayed the same
from Jun. 2023 (0.00) to Jun. 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.
Top Education Group's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.00.
Top Education Group Days Inventory Historical Data
The historical data trend for Top 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.
Competitive Comparison of Top Education Group's Days Inventory
For the Education & Training Services subindustry, Top 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.
Top Education Group's Days Inventory Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Top Education Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Top Education Group's Days Inventory falls into.
Top Education Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Top Education Group's Days Inventory for the fiscal year that ended in Jun. 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.
Top Education Group (HKSE:01752) 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.
Top Education Group's Inventory Turnover for the
six
months ended in Jun. 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.
Top Education Group's Inventory to Revenue for the
six
months ended in Jun. 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.
Top Education Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Top Education Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Top Education Group Ltd is engaged in the provision of private higher education services and English language courses in Australia. It has campuses located in various cities across Australia, namely Sydney, Perth, and Hobart, and offers tertiary education within the three core schools of Business, Law, and Information Technology.
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