Scholar Education Group (HKSE:01769) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Scholar Education Group 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. Scholar Education Group's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$317.1 Mil. Scholar Education Group's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scholar Education Group's Days Inventory for the six months ended in Dec. 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. Scholar Education Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Scholar Education Group Inventory Turnover Historical Data

The historical data trend for Scholar Education Group'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.

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Scholar Education Group Inventory Turnover Chart

Scholar Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Scholar Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial											-	489.59	614.37	-	-

Scholar Education Group Inventory Turnover Calculation

Scholar Education Group's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	554.053	/ (	(0	+	0)	/	1 )
=	554.053	/	0
=	N/A

Scholar Education Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	317.056	/ (	(0	+	0)	/	1 )
=	317.056	/	0
=	N/A

Scholar Education Group (HKSE:01769) 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.

Scholar Education Group's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	317.056	*	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.

Scholar Education Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	483.884
	=	0.00

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.

Scholar Education Group Inventory Turnover Related Terms

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Scholar Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Scholar Education Group (HKSE:01769) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

29 Youyi Road, Rooms 401-410, 4th Floor, Yunfeng Garden, Jianan Community, Nanhu Street, Luohu District, Shenzhen, CHN, 518049

Website

https://www.skledu.com

Scholar Education Group is a China-based investment holding company. The Company is principally engaged in the provision of after school education services through academic preparation program and early primary education program. The academic preparation program is delivered under Sheng Xue brand, and the early primary education program is delivered under Le Xue brand. The Company principally conducts its businesses in Guangdong, China.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Yu Xi International Company Limited	2201 Interest of corporation controlled by you
Chen Qiyuan	2201 Interest of corporation controlled by you
Sky Noon International Company Limited	2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited	2201 Interest of corporation controlled by you
China Resources Company Limited	2201 Interest of corporation controlled by you
Cre Alliance Fund I L.p.	2201 Interest of corporation controlled by you
Chen Hongyu	2101 Beneficial owner
Cre Alliance Fund I Lp Limited	2201 Interest of corporation controlled by you
Cre Glory Company Limited	2101 Beneficial owner

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