GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » American Education Center Inc (OTCPK:AMCT) » Definitions » Total Inventories

American Education Center (American Education Center) Total Inventories : $0.00 Mil (As of Jun. 2021)


View and export this data going back to 2015. Start your Free Trial

What is American Education Center Total Inventories?

American Education Center's total inventories for the quarter that ended in Jun. 2021 was $0.00 Mil. American Education Center's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Jun. 2021 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. American Education Center's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Education Center's Days Inventory for the three months ended in Jun. 2021 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. American Education Center's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

American Education Center Total Inventories Historical Data

The historical data trend for American Education Center's Total Inventories 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.

American Education Center Total Inventories Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial - - - - -

American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

American Education Center Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

American Education Center  (OTCPK:AMCT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

American Education Center's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 is

Net-Net Working Capital Per Share (Q: Jun. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.542+0.75 * 0.073+0.5 * 0-4.206
-0.025-0.041)/59.1378
=-0.06

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

American Education Center's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=0/0.011*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

American Education Center's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2021 ) / Average Total Inventories (Q: Jun. 2021 )
=0.011 / 0
=N/A

4. 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.

American Education Center's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0 / 0.064
=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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

American Education Center Total Inventories Related Terms

Thank you for viewing the detailed overview of American Education Center's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

American Education Center (American Education Center) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » American Education Center Inc (OTCPK:AMCT) » Definitions » Total Inventories
Comparable Companies
MSYN HKSE:08341 BOM:541735 QPRC AMMJ WAR:TLT WAR:DGA HKSE:08455 WSCO WAR:ERH
Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, 10th Floor, New York, NY, USA, 10020
Website
https://www.aec100.com
American Education Center Inc is a United States-based company engaged in the providing of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments namely AEC New York segment and AEC BVI segment. The majority of the revenue is generated from the AEC New York segment which capitalizes middle-class families in China for quality education and works experiences in the United States( US) and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the US.