GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » XJ International Holdings Co Ltd (HKSE:01765) » Definitions » Inventory Turnover

XJ International Holdings Co (HKSE:01765) Inventory Turnover : 0.00 (As of Feb. 2024)


View and export this data going back to 2018. Start your Free Trial

What is XJ International Holdings Co 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. XJ International Holdings Co's Cost of Goods Sold for the six months ended in Feb. 2024 was HK$1,243 Mil. XJ International Holdings Co's Average Total Inventories for the quarter that ended in Feb. 2024 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XJ International Holdings Co's Days Inventory for the six months ended in Feb. 2024 was 0.00.

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. XJ International Holdings Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.


XJ International Holdings Co Inventory Turnover Historical Data

The historical data trend for XJ International Holdings Co'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.

XJ International Holdings Co Inventory Turnover Chart

XJ International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial - - - - -

XJ International Holdings Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

XJ International Holdings Co Inventory Turnover Calculation

XJ International Holdings Co's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=2052.992 / ((0 + 0) / 1 )
=2052.992 / 0
=N/A

XJ International Holdings Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=1243.062 / ((0 + 0) / 1 )
=1243.062 / 0
=N/A

* 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.


XJ International Holdings Co  (HKSE:01765) 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.

XJ International Holdings Co's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0/1243.062*365 / 2
=0.00

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.

XJ International Holdings Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0 / 2220.537
=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.


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.


XJ International Holdings Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of XJ International Holdings Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


XJ International Holdings Co (HKSE:01765) Business Description

Traded in Other Exchanges
N/A
Address
No. 2000 Xi Qu Avenue, Sichuan TOP IT Vocational Institute, 5th Floor, Administrative Building, Pidu District, Chengdu, CHN, 610091
Hope Education Group Co Ltd is an investment holding company engaged in providing educational services. The company operates higher educational schools which include universities and junior colleges. Some of its colleges are Southwest Jiaotong University Hope Colleges, Business College of Guizhou University of Finance and Economics, Sichuan TOP IT Vocational Institute, and One Technical College among others. Its operating segments are the Domestic education which is the key revenue generating segment, Global education segment and others. The company generates its revenue from tuition fees, boarding fees, sales of books and daily necessities, and others.
Executives
Cantrust (far East) Limited 2301 Trustee
Maysunshine Holdings Limited 2201 Interest of corporation controlled by you
Wang Huiwu 2101 Beneficial owner
Chen Yuxin 2201 Interest of corporation controlled by you
Cheng Du Hua Xi Xi Wang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Te Qu Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Pu Hua Nong Ye Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yi Zeng Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tequ Group A Limited 2201 Interest of corporation controlled by you
Maysunshine Limited 2201 Interest of corporation controlled by you
Hope Education Investment Limited 2101 Beneficial owner
Credit Suisse Trust Limited 2101 Beneficial owner
Zhao Guiqin 2201 Interest of corporation controlled by you
Zhang Qiang 2201 Interest of corporation controlled by you
Tequ Group (hong Kong) Company Limited 2201 Interest of corporation controlled by you

XJ International Holdings Co (HKSE:01765) Headlines

No Headlines