China General Education Group (HKSE:02175) Total Inventories : HK$0.0 Mil (As of Aug. 2024)

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What is China General Education Group Total Inventories?

China General Education Group's total inventories for the quarter that ended in Aug. 2024 was HK$0.0 Mil. China General Education Group's average total inventories from the quarter that ended in Feb. 2024 to the quarter that ended in Aug. 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 General Education Group's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was HK$1.14.

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

China General Education Group Total Inventories Historical Data

The historical data trend for China General 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.

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China General Education Group Total Inventories Chart

China General Education Group Annual Data

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Total Inventories

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China General Education Group Semi-Annual Data
	Aug18	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Total Inventories	Get a 7-Day Free Trial						-	-	-	-	-

China General 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.

China General Education Group (HKSE:02175) 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 General Education Group'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)
=	(835.549	+	0.75 * 0.038	+	0.5 * 0	-	260.88
-	0	-	0)	/	505.517
=	1.14

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

China General Education Group's Days Inventory for the six 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	/	74.702	*	365 / 2
	=	0.00

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

China General Education Group'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 )
	=	74.702	/	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 General Education Group'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	/	160.431
	=	0.00

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 General Education Group Total Inventories Related Terms

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China General Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China General Education Group Ltd (HKSE:02175) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

No. 99 Wucheng South Road, Xiaodian District, Shanxi Province, Taiyuan, CHN

Website

http://www.chinageg.cn

China General Education Group Ltd is principally engaged in the provision of higher education services. The company operates one college, Shanxi Technology and Business College, in which it offers bachelor's degree programs in a total of around 39 majors including three concentrations to undergraduate students including accounting, auditing, civil engineering, and business administration. The Company also focuses on providing applied courses and internship training opportunities. The Group generates maximum revenue from Mainland China.

Executives

Futu Trustee Limited	2301 Trustee
Niu Sanping	2201 Interest of corporation controlled by you
Niusanping Limited	2101 Beneficial owner
Niu Jian	2201 Interest of corporation controlled by you
Niujian Limited	2101 Beneficial owner

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