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Global Education Communities (TSX:GEC) Total Inventories : C$1.01 Mil (As of Nov. 2024)


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What is Global Education Communities Total Inventories?

Global Education Communities's total inventories for the quarter that ended in Nov. 2024 was C$1.01 Mil. Global Education Communities's average total inventories from the quarter that ended in Aug. 2024 to the quarter that ended in Nov. 2024 was C$0.97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Global Education Communities's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was C$-6.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Education Communities's Days Inventory for the three months ended in Nov. 2024 was 12.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Education Communities's Inventory Turnover for the quarter that ended in Nov. 2024 was 7.53.

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. Global Education Communities's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.05.


Global Education Communities Total Inventories Historical Data

The historical data trend for Global Education Communities'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.

Global Education Communities Total Inventories Chart

Global Education Communities 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 0.66 0.85 0.84 0.97 0.93

Global Education Communities Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 1.07 1.12 1.11 0.93 1.01

Global Education Communities 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.


Global Education Communities  (TSX:GEC) 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.

Global Education Communities's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 is

Net-Net Working Capital Per Share (Q: Nov. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.462+0.75 * 15.157+0.5 * 1.013-306.63
-0-113.117)/67.440
=-6.01

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

Global Education Communities's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2024 )/Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=0.973/7.331*365 / 4
=12.11

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

Global Education Communities's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2024 ) / Average Total Inventories (Q: Nov. 2024 )
=7.331 / 0.973
=7.53

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.

Global Education Communities's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=0.973 / 17.752
=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

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.


Global Education Communities Total Inventories Related Terms

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Global Education Communities Business Description

Traded in Other Exchanges
Address
777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7
Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.
Executives
Cibt Education Group Inc Issuer
Shane Weir Director
Derek Yiyi Feng Director

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