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China Education Group Holdings (HKSE:00839) Inventory-to-Revenue : 0.00 (As of Aug. 2023)


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What is China Education Group Holdings Inventory-to-Revenue?

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. China Education Group Holdings's Average Total Inventories for the quarter that ended in Aug. 2023 was HK$0 Mil. China Education Group Holdings's Revenue for the six months ended in Aug. 2023 was HK$3,067 Mil. China Education Group Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.00.

China Education Group Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2023 stayed the same from Feb. 2023 (0.00) to Feb. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Education Group Holdings's Days Inventory for the six months ended in Aug. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.


China Education Group Holdings Inventory-to-Revenue Historical Data

The historical data trend for China Education Group Holdings's Inventory-to-Revenue 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.

China Education Group Holdings Inventory-to-Revenue Chart

China Education Group Holdings Annual Data
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China Education Group Holdings Semi-Annual Data
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Competitive Comparison of China Education Group Holdings's Inventory-to-Revenue

For the Education & Training Services subindustry, China Education Group Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


China Education Group Holdings's Inventory-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Group Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Education Group Holdings's Inventory-to-Revenue falls into.



China Education Group Holdings Inventory-to-Revenue Calculation

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.

China Education Group Holdings's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as

Inventory-to-Revenue (A: Aug. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )
=( (0 + 0) / 1 ) / 6063.585
=0 / 6063.585
=0.00

China Education Group Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue (Q: Aug. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Feb. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Revenue (Q: Aug. 2023 )
=( (0 + 0) / 1 ) / 3067.422
=0 / 3067.422
=0.00

* 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.


China Education Group Holdings  (HKSE:00839) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

China Education Group Holdings's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0/1371.216*365 / 2
=0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Education Group Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2023 ) / Average Total Inventories (Q: Aug. 2023 )
=1371.216 / 0
=

* 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.


China Education Group Holdings Inventory-to-Revenue Related Terms

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China Education Group Holdings (HKSE:00839) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

China Education Group Holdings (HKSE:00839) Headlines

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