Scholar Education Group (HKSE:01769) Days Inventory : 0.00 (As of Jun. 2024)

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What is Scholar Education Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scholar Education Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$0.0 Mil. Scholar Education Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$239.0 Mil. Hence, Scholar Education Group's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

HKSE:01769' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.27
Current: 0.27

During the past 8 years, Scholar Education Group's highest Days Inventory was 0.27. The lowest was 0.00. And the median was 0.00.

HKSE:01769's Days Inventory is ranked better than
95.73% of 164 companies
in the Education industry
Industry Median: 7.425 vs HKSE:01769: 0.27

Scholar Education Group's Days Inventory declined from Jun. 2023 (0.37) 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. Scholar Education Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Scholar Education Group Days Inventory Historical Data

The historical data trend for Scholar 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.

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Scholar Education Group Days Inventory Chart

Scholar Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Scholar Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial										-	-	0.37	0.30	-

Competitive Comparison of Scholar Education Group's Days Inventory

For the Education & Training Services subindustry, Scholar 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.

Scholar Education Group's Days Inventory Distribution in the Education Industry

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

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

Scholar Education Group Days Inventory Calculation

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

Scholar 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 )	/	363.204	*	365
=	0					/	363.204	*	365
=	0.00

Scholar Education Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	238.965	*	365 / 2
=	0					/	238.965	*	365 / 2
=	0.00

Scholar Education Group (HKSE:01769) 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.

Scholar Education Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	238.965	/	0
	=

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.

Scholar Education Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	429.662
	=	0.00

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.

Scholar Education Group Days Inventory Related Terms

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

Scholar Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Scholar Education Group (HKSE:01769) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Youyi Road, Rooms 401-410, 4th Floor, Yunfeng Garden, Jianan Community, Nanhu Street, Luohu District, Shenzhen, CHN, 518049

Website

https://www.skledu.com

Scholar Education Group is a China-based investment holding company. The Company is principally engaged in the provision of after school education services through academic preparation program and early primary education program. The academic preparation program is delivered under Sheng Xue brand, and the early primary education program is delivered under Le Xue brand. The Company principally conducts its businesses in Guangdong, China.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Yu Xi International Company Limited	2201 Interest of corporation controlled by you
Chen Qiyuan	2201 Interest of corporation controlled by you
Sky Noon International Company Limited	2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited	2201 Interest of corporation controlled by you
China Resources Company Limited	2201 Interest of corporation controlled by you
Cre Alliance Fund I L.p.	2201 Interest of corporation controlled by you
Chen Hongyu	2101 Beneficial owner
Cre Alliance Fund I Lp Limited	2201 Interest of corporation controlled by you
Cre Glory Company Limited	2101 Beneficial owner

Scholar Education Group Headlines

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