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2U (TWOUQ) Inventory Turnover : 0.00 (As of Jun. 2024)


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What is 2U 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. 2U's Cost of Goods Sold for the three months ended in Jun. 2024 was $52.4 Mil. 2U's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 2U's Days Inventory for the three 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. 2U's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.


2U Inventory Turnover Historical Data

The historical data trend for 2U'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.

2U Inventory Turnover Chart

2U Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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2U Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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2U Inventory Turnover Calculation

2U'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 )
=257.602 / ((0 + 0) / 1 )
=257.602 / 0
=N/A

2U'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: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=52.353 / ((0 + 0) / 1 )
=52.353 / 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.


2U  (OTCPK:TWOUQ) 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.

2U's Days Inventory for the three 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
=0/52.353*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.

2U'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 / 180.683
=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.


2U Inventory Turnover Related Terms

Thank you for viewing the detailed overview of 2U's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


2U Business Description

Traded in Other Exchanges
N/A
Address
7900 Harkins Road, Lanham, MD, USA, 20706
2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides a cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, and marketing, among others that help its clients to reach students globally. It is organized into two reportable business segments: the Degree Program segment and the Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.
Executives
Aaron Mccullough officer: CHIEF PRODUCT OFFICER C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Edward S. Macias director C/O 2U, INC., 8201 CORPORATE DRIVE, SUITE 900, LANDOVER MD 20785
Gregory K Peters director C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Christopher J Paucek director, officer: Chief Executive Officer 7900 HARKINS ROAD, LANHAM MD 20706
Paul A Maeder director C/O HIGHLAND CAPITAL PARTNERS, HIGH ST TOWER 125 HIGH ST, BOSTON MA 02110
Alexis Maybank director C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
James Kenigsberg officer: Chief Technology Officer C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Matthew J. Norden officer: Co-General Counsel C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Mark Chernis director 2315 BROADWAY, NEW YORK NY 10024
Paul S Lalljie officer: Chief Financial Officer 7900 HARKINS ROAD, LANHAM MD 20706
John M Larson director 2895 GREENSPOINT PARKWAY, SUITE 600, HOFFMAN ESTATES IL 60195
Robert M Stavis director 211 HOMMOCKS ROAD, LARCHMONT NY 10538
John B. Ellis officer: Chief Accounting Officer THREE GLENLAKE PKWY., ATLANTA GA 30328
Earl Lewis director C/O 2U, INC., 8201 CORPORATE DRIVE, LANDOVER MD 20785
Timothy M Haley director 3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025

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