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Eduniversal (XPAR:MLEDU) Inventory Turnover : 5.28 (As of Sep. 2022)


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What is Eduniversal 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. Eduniversal's Cost of Goods Sold for the six months ended in Sep. 2022 was €1.16 Mil. Eduniversal's Average Total Inventories for the quarter that ended in Sep. 2022 was €0.22 Mil. Eduniversal's Inventory Turnover for the quarter that ended in Sep. 2022 was 5.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eduniversal's Days Inventory for the six months ended in Sep. 2022 was 34.57.

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. Eduniversal's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.05.

Eduniversal Inventory Turnover Historical Data

The historical data trend for Eduniversal'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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Eduniversal Inventory Turnover Chart

Eduniversal Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Inventory Turnover
Get a 7-Day Free Trial 13.54 10.47 8.04 5.46 5.28

Eduniversal Semi-Annual Data
Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Inventory Turnover Get a 7-Day Free Trial 13.54 10.47 8.04 5.46 5.28

Eduniversal Inventory Turnover Calculation

Eduniversal's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Inventory Turnover (A: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2022 ) / ((Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count )
=1.164 / ((0.191 + 0.25) / 2 )
=1.164 / 0.2205
=5.28

Eduniversal's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover (Q: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2022 ) / ((Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Sep. 2022 )) / count )
=1.164 / ((0.191 + 0.25) / 2 )
=1.164 / 0.2205
=5.28

* 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.

Eduniversal  (XPAR:MLEDU) 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.

Eduniversal's Days Inventory for the six months ended in Sep. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=0.2205/1.164*365 / 2
=34.57

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.

Eduniversal's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0.2205 / 4.294
=0.05

* 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.

Eduniversal Inventory Turnover Related Terms

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Eduniversal (XPAR:MLEDU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduniversal SA (XPAR:MLEDU) » Definitions » Inventory Turnover
Comparable Companies
XPAR:MLONL AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN LAUR HKSE:00839 ATGE STRA AFYA HKSE:02469 UDMY KUW:HUMANSOFT PRDO
Traded in Other Exchanges
N/A
Address
18/20 Avenue Gabriel Peri, Montreuil sous Bois, Paris, FRA, 93100
Website
http://www.eduniversal-ranking.com
Eduniversal SA specializes in educational, university, and professional orientation consulting services. The company also publishes and distributes specialized guides.

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