Dadi Education Holdings (HKSE:08417) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Dadi Education Holdings 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. Dadi Education Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$3.35 Mil. Dadi Education Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dadi Education Holdings's Days Inventory for the three months ended in Dec. 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. Dadi Education Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Dadi Education Holdings Inventory Turnover Historical Data

The historical data trend for Dadi Education Holdings'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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Dadi Education Holdings Inventory Turnover Chart

Dadi Education Holdings Annual Data

Trend

Mar14

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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Dadi Education Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Dadi Education Holdings Inventory Turnover Calculation

Dadi Education Holdings'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 )
=	12.524	/ (	(0	+	0)	/	1 )
=	12.524	/	0
=	N/A

Dadi Education Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.354	/ (	(0	+	0)	/	1 )
=	3.354	/	0
=	N/A

Dadi Education Holdings (HKSE:08417) 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.

Dadi Education Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	3.354	*	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.

Dadi Education Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	1.818
	=	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.

Dadi Education Holdings Inventory Turnover Related Terms

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Dadi Education Holdings (HKSE:08417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Dadi Education Holdings Ltd (HKSE:08417) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 700 Nathan Road, Units Nos. 702 and 703, Mong Kok, Kowloon, Hong Kong, HKG

Website

https://www.dadi.com.hk

Dadi Education Holdings Ltd provides overseas studies consultancy services. The company offers secondary education and higher education services to students in the United Kingdom, Australia, and Canada. The firm delivers consultancy services including study locations, academic requirements of study programs, applications for the study programs and accommodation and travelling arrangements among others.

Executives

Song Wen Xia	2101 Beneficial owner
Grand Courage Investments Limited	2101 Beneficial owner
Chung Wang Lung	2101 Beneficial owner
Yin Xiao Pei	2101 Beneficial owner
Leng Lisa Chunying	2101 Beneficial owner
Zeming Pty Limited	2101 Beneficial owner

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