China Liberal Education Holdings (China Liberal Education Holdings) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is China Liberal Education Holdings Change In Inventory?

China Liberal Education Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means China Liberal Education Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Liberal Education Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means China Liberal Education Holdings's inventory declined by $0.00 Mil from Dec. 2022 to Dec. 2023 .

China Liberal Education Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $0.17 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. China Liberal Education Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was -29.90.

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 Liberal Education Holdings Change In Inventory Historical Data

The historical data trend for China Liberal Education Holdings's Change In Inventory 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 Liberal Education Holdings Change In Inventory Chart

China Liberal Education Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.19

-0.01

China Liberal Education Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial								-	-0.03	0.01	-	-

China Liberal Education Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

China Liberal Education Holdings (NAS:CLEU) Change In Inventory Explanation

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

China Liberal Education Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.174	/	-5.202	*	365 / 2
	=	N/A

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

China Liberal Education Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-5.202	/	0.174
	=	-29.90

3. 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 Liberal Education Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.174	/	-6.137
	=	N/A

China Liberal Education Holdings Change In Inventory Related Terms

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China Liberal Education Holdings (China Liberal Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Liberal Education Holdings Ltd (NAS:CLEU) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A1 Chaoqian Road, Room 805, Block 15, Science and Technology Park, Changping District, Beijing, CHN, 102200

Website

http://www.chinaliberal.com

China Liberal Education Holdings Ltd is an educational service provider operating in China. The company's operating segment includes Sino-foreign Jointly Managed Academic Programs, textbooks and course material sales, Overseas Study Consulting Services, Technological Consulting Services for Smart Campus Solutions and Tailored Job Readiness Training Services. Geographically, it derives revenue from China.