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Dashan Education Holdings (HKSE:09986) Inventory Turnover : 0.00 (As of Dec. 2024)


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What is Dashan 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. Dashan Education Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$59.8 Mil. Dashan Education Holdings'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. Dashan Education Holdings'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. Dashan Education Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.


Dashan Education Holdings Inventory Turnover Historical Data

The historical data trend for Dashan 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.

* Premium members only.

Dashan Education Holdings Inventory Turnover Chart

Dashan Education Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 27.98 51.91 148.77 - -

Dashan Education Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.40 52.90 - - -

Dashan Education Holdings Inventory Turnover Calculation

Dashan Education Holdings'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 )
=90.324 / ((0 + 0) / 1 )
=90.324 / 0
=N/A

Dashan Education Holdings'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 )
=59.829 / ((0 + 0) / 1 )
=59.829 / 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.


Dashan Education Holdings  (HKSE:09986) 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.

Dashan Education Holdings'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
=0/59.829*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.

Dashan Education Holdings'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 / 75.789
=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.


Dashan Education Holdings Inventory Turnover Related Terms

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Dashan Education Holdings Business Description

Traded in Other Exchanges
N/A
Address
Crossroad of Zhongzhou Avenue and Minghong Road, 19th Floor Guoxin Plaza, Jinshui District, Henan Province, Zhengzhou, CHN
Dashan Education Holdings Ltd is principally engaged in the provision of (i) extracurricular programs for personal attainment in arts, sports and dancing targeting children and teenagers; (ii) overseas education consultation services in the PRC; (iii) training services for teaching staff; and (iv) other consultancy services. The Group's operating and reportable segments are the extracurricular programs segment, the overseas education segment, the training and consultancy segment, and the Others segment.
Executives
Infinite Apex Enterprises Limited 2101 Beneficial owner
Xi Wang 2201 Interest of corporation controlled by you
Zhang Hongjun 2201 Interest of corporation controlled by you
Lucky Heaven International Limited 2101 Beneficial owner
Shan Jingchao 2201 Interest of corporation controlled by you
Ma Wenhao 2201 Interest of corporation controlled by you
Jia Shuilin 2201 Interest of corporation controlled by you
Bai Tai Investments Limited 2101 Beneficial owner

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