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BEDU (Bright Scholar Education Holdings) Total Inventories : $0.2 Mil (As of Aug. 2024)


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What is Bright Scholar Education Holdings Total Inventories?

Bright Scholar Education Holdings's total inventories for the quarter that ended in Aug. 2024 was $0.2 Mil. Bright Scholar Education Holdings's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 2024 was $0.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bright Scholar Education Holdings's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $-9.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bright Scholar Education Holdings's Days Inventory for the three months ended in Aug. 2024 was 0.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bright Scholar Education Holdings's Inventory Turnover for the quarter that ended in Aug. 2024 was 129.43.

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. Bright Scholar Education Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.01.


Bright Scholar Education Holdings Total Inventories Historical Data

The historical data trend for Bright Scholar Education Holdings'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.

Bright Scholar Education Holdings Total Inventories Chart

Bright Scholar Education Holdings Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.17 1.01 0.76 0.16

Bright Scholar Education Holdings Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.76 0.71 0.74 0.54 0.16

Bright Scholar Education Holdings 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.


Bright Scholar Education Holdings  (NYSE:BEDU) 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.

Bright Scholar Education Holdings's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(69.028+0.75 * 2.629+0.5 * 0.162-341.286
-0-12.493)/29.7262
=-9.51

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

Bright Scholar Education Holdings's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=0.3485/45.107*365 / 4
=0.71

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

Bright Scholar Education Holdings's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=45.107 / 0.3485
=129.43

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.

Bright Scholar Education Holdings's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=0.3485 / 50.125
=0.01

* 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.


Bright Scholar Education Holdings Total Inventories Related Terms

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Bright Scholar Education Holdings Business Description

Traded in Other Exchanges
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.