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17 Education & Technology Group (17 Education & Technology Group) Inventory-to-Revenue : 0.00 (As of Dec. 2023)


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What is 17 Education & Technology Group 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. 17 Education & Technology Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. 17 Education & Technology Group's Revenue for the three months ended in Dec. 2023 was $6.63 Mil. 17 Education & Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

17 Education & Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.00) to Sep. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 17 Education & Technology Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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


17 Education & Technology Group Inventory-to-Revenue Historical Data

The historical data trend for 17 Education & Technology Group'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.

17 Education & Technology Group Inventory-to-Revenue Chart

17 Education & Technology Group Annual Data
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17 Education & Technology Group Quarterly Data
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Competitive Comparison of 17 Education & Technology Group's Inventory-to-Revenue

For the Education & Training Services subindustry, 17 Education & Technology Group'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.


17 Education & Technology Group's Inventory-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 17 Education & Technology Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where 17 Education & Technology Group's Inventory-to-Revenue falls into.



17 Education & Technology Group 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.

17 Education & Technology Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 0) / 1 ) / 23.944
=0 / 23.944
=0.00

17 Education & Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 0) / 1 ) / 6.631
=0 / 6.631
=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.


17 Education & Technology Group  (NAS:YQ) 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.

17 Education & Technology Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/3.75*365 / 4
=0.00

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

17 Education & Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3.75 / 0
=

* 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.


17 Education & Technology Group Inventory-to-Revenue Related Terms

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17 Education & Technology Group (17 Education & Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102
17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.

17 Education & Technology Group (17 Education & Technology Group) Headlines

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