LEAI (Legacy Education Alliance) Days Inventory: 0.21 (As of Mar. 2024)


What is Legacy Education Alliance Days Inventory?

Legacy Education Alliance LEAI +20.00% Days Inventory is 0.21 as of Mar. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Legacy Education Alliance's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Legacy Education Alliance's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.44 Mil. Hence, Legacy Education Alliance's Days Inventory for the three months ended in Mar. 2024 was 0.21.

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

LEAI's Days Inventory is not ranked *
in the Education industry.
Industry Median: 8.31
* Ranked among companies with meaningful Days Inventory only.

Legacy Education Alliance's Days Inventory declined from Mar. 2023 (1.25) to Mar. 2024 (0.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Legacy Education Alliance's Inventory Turnover for the three months ended in Mar. 2024 was 438.00.

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. Legacy Education Alliance's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.

Legacy Education Alliance  (OTCPK:LEAI) 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.

Legacy Education Alliance's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.438 / 0.001
=438.00

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.

Legacy Education Alliance's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.001 / 0.133
=0.01

* 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.

Legacy Education Alliance Days Inventory Related Terms

Legacy Education Alliance Days Inventory Historical Data

* Premium members only.

The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Days Inventory Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 1.77 0.88 0.80 1.69

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.95 1.98 91.25 0.21

LEAI vs TAL, EDU, LRN: Days Inventory Comparison

For the Education & Training Services subindustry, Legacy Education Alliance'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.

Legacy Education Alliance Days Inventory vs Education Industry

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

* The bar in red indicates where Legacy Education Alliance's Days Inventory falls into.


Legacy Education Alliance Days Inventory Calculation

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

Legacy Education Alliance'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
=( (0.001 + 0.001) / 2 ) / 0.216*365
=0.001 / 0.216*365
=1.69

Legacy Education Alliance's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.001 + 0.001) / 2 ) / 0.438*365 / 4
=0.001 / 0.438*365 / 4
=0.21

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.21 mean?
Legacy Education Alliance (LEAI) has a Days Inventory of 0.21 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Days Inventory too high?
Legacy Education Alliance's current Days Inventory is 0.21. The Education industry median Days Inventory is 8.31. Legacy Education Alliance's value of 0.21 is 97.5% below this industry median.
How does Legacy Education Alliance's Days Inventory compare to TAL and EDU?
Legacy Education Alliance's Days Inventory of 0.21 can be compared against companies in the Education industry. The industry median Days Inventory is 8.31. Legacy Education Alliance's value of 0.21 is 97.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Education company?
The median Days Inventory among Education companies is 8.31, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legacy Education Alliance's current Days Inventory of 0.21 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Legacy Education Alliance and its competitors. For the Education industry, the median Days Inventory is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Education Alliance's current Days Inventory is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Days Inventory of 0.21. The current Days Inventory is 0.21 and 97.5% below the Education industry median of 8.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Days Inventory is 0.21 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.