Dadi Education Holdings (HKSE:08417) Days Inventory : 0.00 (As of Dec. 2023)

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What is Dadi Education Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dadi Education Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.00 Mil. Dadi Education Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$3.35 Mil. Hence, Dadi Education Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

HKSE:08417's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

Dadi Education Holdings'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. Dadi Education Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Dadi Education Holdings Days Inventory Historical Data

The historical data trend for Dadi Education 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.

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Dadi Education Holdings Days Inventory Chart

Dadi Education Holdings Annual Data

Trend

Mar14

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Mar17

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Mar20

Mar21

Mar22

Mar23

Days Inventory

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Dadi Education Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Dadi Education Holdings's Days Inventory

For the Education & Training Services subindustry, Dadi Education 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.

Dadi Education Holdings's Days Inventory Distribution in the Education Industry

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

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

Dadi Education Holdings Days Inventory Calculation

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

Dadi Education Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	12.524	*	365
=	0					/	12.524	*	365
=	0.00

Dadi Education Holdings'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.354	*	365 / 4
=	0					/	3.354	*	365 / 4
=	0.00

Dadi Education Holdings (HKSE:08417) 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.

Dadi Education Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.354	/	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.

Dadi Education Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.818
	=	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.

Dadi Education Holdings Days Inventory Related Terms

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Dadi Education Holdings (HKSE:08417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Dadi Education Holdings Ltd (HKSE:08417) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 700 Nathan Road, Units Nos. 702 and 703, Mong Kok, Kowloon, Hong Kong, HKG

Website

https://www.dadi.com.hk

Dadi Education Holdings Ltd provides overseas studies consultancy services. The company offers secondary education and higher education services to students in the United Kingdom, Australia, and Canada. The firm delivers consultancy services including study locations, academic requirements of study programs, applications for the study programs and accommodation and travelling arrangements among others.

Executives

Song Wen Xia	2101 Beneficial owner
Grand Courage Investments Limited	2101 Beneficial owner
Chung Wang Lung	2101 Beneficial owner
Yin Xiao Pei	2101 Beneficial owner
Leng Lisa Chunying	2101 Beneficial owner
Zeming Pty Limited	2101 Beneficial owner

Dadi Education Holdings (HKSE:08417) Headlines

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