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Lixiang Education Holding Co (Lixiang Education Holding Co) Inventory-to-Revenue : 0.04 (As of Jun. 2023)


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What is Lixiang Education Holding Co Inventory-to-Revenue?

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. Lixiang Education Holding Co's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.15 Mil. Lixiang Education Holding Co's Revenue for the six months ended in Jun. 2023 was $3.63 Mil. Lixiang Education Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.04.

Lixiang Education Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (0.05) to Dec. 2022 (0.04)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lixiang Education Holding Co's Days Inventory for the six months ended in Jun. 2023 was 10.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lixiang Education Holding Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 18.11.


Lixiang Education Holding Co Inventory-to-Revenue Historical Data

The historical data trend for Lixiang Education Holding Co's Inventory-to-Revenue 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.

Lixiang Education Holding Co Inventory-to-Revenue Chart

Lixiang Education Holding Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
- 0.06 0.05 0.03 0.01

Lixiang Education Holding Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.04 0.05 0.04

Competitive Comparison of Lixiang Education Holding Co's Inventory-to-Revenue

For the Education & Training Services subindustry, Lixiang Education Holding Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lixiang Education Holding Co's Inventory-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lixiang Education Holding Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Lixiang Education Holding Co's Inventory-to-Revenue falls into.



Lixiang Education Holding Co Inventory-to-Revenue Calculation

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.

Lixiang Education Holding Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0.036 + 0.167) / 2 ) / 7.055
=0.1015 / 7.055
=0.01

Lixiang Education Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0.167 + 0.14) / 2 ) / 3.629
=0.1535 / 3.629
=0.04

* 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.


Lixiang Education Holding Co  (NAS:LXEH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Lixiang Education Holding Co's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.1535/2.78*365 / 2
=10.08

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

Lixiang Education Holding Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=2.78 / 0.1535
=18.11

* 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.


Lixiang Education Holding Co Inventory-to-Revenue Related Terms

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Lixiang Education Holding Co (Lixiang Education Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 818 Hua Yuan Street, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.