Shentong Robot Education Group Company (HKSE:08206) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Shentong Robot Education Group Company 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. Shentong Robot Education Group Company's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$1.59 Mil. Shentong Robot Education Group Company's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shentong Robot Education Group Company's Days Inventory for the three months ended in Sep. 2023 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. Shentong Robot Education Group Company's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Shentong Robot Education Group Company Inventory Turnover Historical Data

The historical data trend for Shentong Robot Education Group Company'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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Shentong Robot Education Group Company Inventory Turnover Chart

Shentong Robot Education Group Company Annual Data

Trend

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Inventory Turnover

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Shentong Robot Education Group Company Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Shentong Robot Education Group Company Inventory Turnover Calculation

Shentong Robot Education Group Company's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	7.604	/ (	(0	+	0)	/	1 )
=	7.604	/	0
=	N/A

Shentong Robot Education Group Company's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1.59	/ (	(0	+	0)	/	1 )
=	1.59	/	0
=	N/A

Shentong Robot Education Group Company (HKSE:08206) 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.

Shentong Robot Education Group Company's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	1.59	*	365 / 4
	=	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.

Shentong Robot Education Group Company's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	6.575
	=	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.

Shentong Robot Education Group Company Inventory Turnover Related Terms

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Shentong Robot Education Group Company (HKSE:08206) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shentong Robot Education Group Company Ltd (HKSE:08206) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3006, 30th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.srobotedu.com

Shentong Robot Education Group Company Ltd is engaged in the promotion of electronic smart card and provision of robotics courses. The company operates through two segments Promotion and management services and Robotics Education and others. The Promotion and management services segment includes the provision for an electronic smart card namely, Designated Shentong Card in the PRC. Its Robotics Education and other segment involves organising and hosting of China Robot Competition (CRC) and provision of CRC education course in Heilongjiang Province in the PRC.

Executives

China Communication Group Company Limited	2201 Interest of corporation controlled by you
China Communication Investment Limited	2101 Beneficial owner
Yang Shaohui	2101 Beneficial owner

Shentong Robot Education Group Company (HKSE:08206) Headlines

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