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Gaotu Techedu (LTS:0A7G) Days Inventory : 9.64 (As of Sep. 2024)


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What is Gaotu Techedu Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gaotu Techedu's Average Total Inventories for the three months ended in Sep. 2024 was $6.4 Mil. Gaotu Techedu's Cost of Goods Sold for the three months ended in Sep. 2024 was $60.7 Mil. Hence, Gaotu Techedu's Days Inventory for the three months ended in Sep. 2024 was 9.64.

The historical rank and industry rank for Gaotu Techedu's Days Inventory or its related term are showing as below:

LTS:0A7G' s Days Inventory Range Over the Past 10 Years
Min: 4.75   Med: 6.01   Max: 11.07
Current: 9.92

During the past 7 years, Gaotu Techedu's highest Days Inventory was 11.07. The lowest was 4.75. And the median was 6.01.

LTS:0A7G's Days Inventory is ranked worse than
56.1% of 164 companies
in the Education industry
Industry Median: 7.49 vs LTS:0A7G: 9.92

Gaotu Techedu's Days Inventory declined from Sep. 2023 (11.33) to Sep. 2024 (9.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gaotu Techedu's Inventory Turnover for the three months ended in Sep. 2024 was 9.46.

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. Gaotu Techedu's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.04.


Gaotu Techedu Days Inventory Historical Data

The historical data trend for Gaotu Techedu'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.

* Premium members only.

Gaotu Techedu Days Inventory Chart

Gaotu Techedu Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 6.01 5.83 4.75 10.37 11.07

Gaotu Techedu Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.33 10.77 8.05 8.97 9.64

Competitive Comparison of Gaotu Techedu's Days Inventory

For the Education & Training Services subindustry, Gaotu Techedu'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.


Gaotu Techedu's Days Inventory Distribution in the Education Industry

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

* The bar in red indicates where Gaotu Techedu's Days Inventory falls into.



Gaotu Techedu Days Inventory Calculation

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

Gaotu Techedu'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
=( (3.268 + 3.445) / 2 ) / 110.67*365
=3.3565 / 110.67*365
=11.07

Gaotu Techedu's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (5.292 + 7.547) / 2 ) / 60.74*365 / 4
=6.4195 / 60.74*365 / 4
=9.64

* 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.


Gaotu Techedu  (LTS:0A7G) 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.

Gaotu Techedu's Inventory Turnover for the three months ended in Sep. 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.

Gaotu Techedu's Inventory to Revenue for the three months ended in Sep. 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.


Gaotu Techedu Days Inventory Related Terms

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Gaotu Techedu Business Description

Traded in Other Exchanges
Address
10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193
Gaotu Techedu Inc is a technology-driven education company that provides online live courses in a large-class setting backed by its proprietary technology infrastructure. The company's segment includes the provision of education services. The company offers courses in large-class format, which amplifies the benefits of online education and allows it to rapidly expand its student base. It operates solely in the PRC and all assets are located in the PRC. The learning services that the company offers include Traditional Learning Services, Non-Academic Tutoring Services, and College Student and Adult Education Services.

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