China 21st Century Education Group (HKSE:01598) Total Inventories: HK$0.0 Mil (As of Jun. 2024)

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HKSE:01598 China 21st Century Education Group Ltd HKSE:01598
4 GF Score
Price HK$0.11
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What is China 21st Century Education Group Total Inventories?

China 21st Century Education Group HKSE:01598 4 Total Inventories is HK$0.0 Mil as of Jun. 2024. GuruFocus rates HKSE:01598 with a GF Score™ of 4/100.

China 21st Century Education Group's total inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil. China 21st Century Education Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China 21st Century Education Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China 21st Century Education Group's Days Inventory for the six months ended in Jun. 2024 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. China 21st Century Education Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.


China 21st Century Education Group  (HKSE:01598) 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.

China 21st Century Education Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(115.824+0.75 * 21.738+0.5 * 0-1543.067
-0-2.833)/1161.204
=-1.22

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

China 21st Century Education Group's Days Inventory for the six 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
=0/148.549*365 / 2
=0.00

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

China 21st Century Education Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=148.549 / 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.

China 21st Century Education Group'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 / 259.796
=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.


China 21st Century Education Group Total Inventories Related Terms


China 21st Century Education Group Total Inventories Historical Data

* Premium members only.

The historical data trend for China 21st Century Education Group'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.

China 21st Century Education Group Total Inventories Chart

China 21st Century Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

China 21st Century Education Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 0.00 0.00 0.00 0.00
HKSE:01598
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China 21st Century Education Group Ltd HKSE:01598
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China 21st Century Education Group 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of HK$0.0 Mil mean?
China 21st Century Education Group (HKSE:01598) has a Total Inventories of HK$0.0 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for China 21st Century Education Group and its competitors.
Is China 21st Century Education Group's Total Inventories too high?
China 21st Century Education Group's current Total Inventories is HK$0.0 Mil. Overall, China 21st Century Education Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China 21st Century Education Group's Total Inventories compare to EDU and LRN?
China 21st Century Education Group's Total Inventories of HK$0.0 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Education company?
A good Total Inventories depends on the Education industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for China 21st Century Education Group and its competitors. China 21st Century Education Group's current Total Inventories is HK$0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China 21st Century Education Group stock overvalued right now?
China 21st Century Education Group (HKSE:01598) has a current Total Inventories of HK$0.0 Mil. The current Total Inventories is HK$0.0 Mil. China 21st Century Education Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For China 21st Century Education Group (HKSE:01598), the current Total Inventories is HK$0.0 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China 21st Century Education Group Business Description

Address Zhonghai Plaza, 15th Floor, South Tower, 8 Guanghua Dongli, Chaoyang District, Beijing, CHN, 050000
China 21st Century Education Group Ltd is a large well-established private education service provider based in the Beijing-Tianjin-Hebei region. It provides clients with customized services and solutions based on individual demand, including the preschool students in its kindergartens, the high school students in its high schools as well as the junior college, technical secondary school and continuing education students enrolled in its colleges. The group operated within one geographical segment because all of its revenue was generated in Mainland China.
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