South China Vocational Education Group Co (HKSE:06913) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is South China Vocational Education Group 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. South China Vocational Education Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$217.2 Mil. South China Vocational Education Group Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil.

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

South China Vocational Education Group Co Inventory Turnover Historical Data

The historical data trend for South China Vocational Education Group 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.

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South China Vocational Education Group Co Inventory Turnover Chart

South China Vocational Education Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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South China Vocational Education Group Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

South China Vocational Education Group Co Inventory Turnover Calculation

South China Vocational Education Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	415.312	/ (	(0	+	0)	/	1 )
=	415.312	/	0
=	N/A

South China Vocational Education Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	217.235	/ (	(0	+	0)	/	1 )
=	217.235	/	0
=	N/A

South China Vocational Education Group Co (HKSE:06913) 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.

South China Vocational Education Group Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	217.235	*	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.

South China Vocational Education Group Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	361.461
	=	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.

South China Vocational Education Group Co Inventory Turnover Related Terms

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South China Vocational Education Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » South China Vocational Education Group Co Ltd (HKSE:06913) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 492 Da Guan Zhong Road, Tianhe District, Guangdong Province, Guangzhou, CHN

Website

https://www.scvedugroup.com

South China Vocational Education Group Co Ltd is a private formal vocational education service provider. The company offers a wide range of innovative courses and provides students with practical skills through extensive and in-depth school-enterprise cooperation projects.

Executives

He Huishan	2201 Interest of corporation controlled by you
Zhou Lanqing	2201 Interest of corporation controlled by you
China Foreign Education Limited	2101 Beneficial owner
Du Wenyu	2202 Interest of your spouse
Fangyuan International Education Investment Limited	2101 Beneficial owner
He Huifen	2201 Interest of corporation controlled by you
Good Booming Limited	2101 Beneficial owner
Zhihui Guang Limited	2101 Beneficial owner
Han Liqing	2202 Interest of your spouse
He Huifang	2201 Interest of corporation controlled by you

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