New Oriental Education & Technology Group (HKSE:09901) Days Inventory : 15.31 (As of Feb. 2025)

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What is New Oriental Education & Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Oriental Education & Technology Group's Average Total Inventories for the three months ended in Feb. 2025 was HK$694 Mil. New Oriental Education & Technology Group's Cost of Goods Sold for the three months ended in Feb. 2025 was HK$4,137 Mil. Hence, New Oriental Education & Technology Group's Days Inventory for the three months ended in Feb. 2025 was 15.31.

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

HKSE:09901' s Days Inventory Range Over the Past 10 Years
Min: 5.6 Med: 11.38 Max: 16.07
Current: 15.68

During the past 13 years, New Oriental Education & Technology Group's highest Days Inventory was 16.07. The lowest was 5.60. And the median was 11.38.

HKSE:09901's Days Inventory is ranked worse than
67.68% of 164 companies
in the Education industry
Industry Median: 7.755 vs HKSE:09901: 15.68

New Oriental Education & Technology Group's Days Inventory increased from Feb. 2024 (12.95) to Feb. 2025 (15.31). It might indicate that New Oriental Education & Technology Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Oriental Education & Technology Group's Inventory Turnover for the three months ended in Feb. 2025 was 5.96.

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. New Oriental Education & Technology Group's Inventory-to-Revenue for the three months ended in Feb. 2025 was 0.08.

New Oriental Education & Technology Group Days Inventory Historical Data

The historical data trend for New Oriental Education & Technology 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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New Oriental Education & Technology Group Days Inventory Chart

New Oriental Education & Technology Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Days Inventory

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6.98

5.59

6.11

10.44

12.96

New Oriental Education & Technology Group Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Days Inventory	Get a 7-Day Free Trial															12.95	15.94	14.73	17.23	15.31

Competitive Comparison of New Oriental Education & Technology Group's Days Inventory

For the Education & Training Services subindustry, New Oriental Education & Technology 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.

New Oriental Education & Technology Group's Days Inventory Distribution in the Education Industry

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

* The bar in red indicates where New Oriental Education & Technology Group's Days Inventory falls into.

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New Oriental Education & Technology Group Days Inventory Calculation

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

New Oriental Education & Technology Group's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

	Days Inventory (A: May. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (412.939	+	724.991)	/	2 )	/	16021.894	*	365
=	568.965					/	16021.894	*	365
=	12.96

New Oriental Education & Technology Group's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

	Days Inventory (Q: Feb. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2024 )	+	Total Inventories (Q: Feb. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2025 )	*	Days in Period
=	( (720.868	+	667.018)	/	2 )	/	4136.749	*	365 / 4
=	693.943					/	4136.749	*	365 / 4
=	15.31

New Oriental Education & Technology Group (HKSE:09901) 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.

New Oriental Education & Technology Group's Inventory Turnover for the three months ended in Feb. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4136.749	/	693.943
	=	5.96

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.

New Oriental Education & Technology Group's Inventory to Revenue for the three months ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	693.943	/	9206.416
	=	0.08

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.

New Oriental Education & Technology Group Days Inventory Related Terms

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

New Oriental Education & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (HKSE:09901) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NWOEF:USA EDU:USA EDUN:Mexico 0K75:UK N1U0:Germany N1U0:Germany N1UA:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a prominent private education provider in China, offering a wide array of educational services. These include overseas test preparation, consulting services, high school academic tutoring, nonacademic tutoring, and intelligent learning systems and devices. Additionally, the company holds a 57% ownership stake in East Buy, a leading player in the livestreaming e-commerce market.

Executives

Norges Bank	2101 Beneficial owner
First Beijing Investment Limited	2102 Investment manager
Fmr Llc	2201 Interest of corporation controlled by you

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