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China Maple Leaf Educational Systems (HKSE:01317) Inventory Turnover : 26.62 (As of Aug. 2024)


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What is China Maple Leaf Educational Systems Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Maple Leaf Educational Systems's Cost of Goods Sold for the six months ended in Aug. 2024 was HK$337 Mil. China Maple Leaf Educational Systems's Average Total Inventories for the quarter that ended in Aug. 2024 was HK$13 Mil. China Maple Leaf Educational Systems's Inventory Turnover for the quarter that ended in Aug. 2024 was 26.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Maple Leaf Educational Systems's Days Inventory for the six months ended in Aug. 2024 was 6.86.

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 Maple Leaf Educational Systems's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.02.

China Maple Leaf Educational Systems Inventory Turnover Historical Data

The historical data trend for China Maple Leaf Educational Systems's Inventory Turnover 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 Maple Leaf Educational Systems Inventory Turnover Chart

China Maple Leaf Educational Systems Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.55 30.80 35.70 48.21 52.16

China Maple Leaf Educational Systems Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Inventory Turnover 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 18.99 28.18 28.30 28.89 26.62

China Maple Leaf Educational Systems Inventory Turnover Calculation

China Maple Leaf Educational Systems's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Inventory Turnover (A: Aug. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2024 ) / ((Total Inventories (A: Aug. 2023 ) + Total Inventories (A: Aug. 2024 )) / count )
=693.159 / ((12.902 + 13.674) / 2 )
=693.159 / 13.288
=52.16

China Maple Leaf Educational Systems's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover (Q: Aug. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2024 ) / ((Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count )
=337.178 / ((11.661 + 13.674) / 2 )
=337.178 / 12.6675
=26.62

* 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 Maple Leaf Educational Systems  (HKSE:01317) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

China Maple Leaf Educational Systems's Days Inventory for the six months ended in Aug. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=12.6675/337.178*365 / 2
=6.86

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.

China Maple Leaf Educational Systems's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=12.6675 / 622.251
=0.02

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Maple Leaf Educational Systems Inventory Turnover Related Terms

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China Maple Leaf Educational Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Maple Leaf Educational Systems Ltd (HKSE:01317) » Definitions » Inventory Turnover
Comparable Companies
HKSE:01525 HKSE:01082 HKSE:02779 HKSE:01756 HKSE:01569 HKSE:08195 HKSE:01765 HKSE:01565 HKSE:09986 HKSE:01935 TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT
Traded in Other Exchanges
CML1:Germany
Address
No. 13, Baolong First Road, Baolong Street, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
Website
http://www.mapleleaf.cn
China Maple Leaf Educational Systems Ltd provides one of China's private international school systems and has been a Chinese international school operator. Its Maple Leaf Systems and its secondary, middle, elementary, and foreign national schools have been accredited by Cognia, since 2017. The core component of business is a bilingual, dual-curriculum and dual-diploma high school education. It enables graduates of People's Republic of China, or PRC, and British Columbia, or BC, certified schools to receive both a fully accredited BC high school diploma and a PRC high school diploma. It operates all schools under the Maple Leaf brand. The company's reportable segment includes, PRC segment, and the Overseas segment which generates majority of the revenue of the company.
Executives
Sherman International Investment Limited 2201 Interest of corporation controlled by you
Sherman Investment Holdings Limited 2101 Beneficial owner
Jen Shu Liang Sherman 2307 Founder of a discretionary trust who can infl
Yan Mei Chen Amy 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee
Ubs Group Ag 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Fischer Seth Hillel 2201 Interest of corporation controlled by you
Oasis Investments Ii Master Fund Ltd. 2201 Interest of corporation controlled by you
Oasis Investments Ii Offshore Feeder Ltd. 2101 Beneficial owner
Oasis Management Company Ltd. 2102 Investment manager

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