China Liberal Education Holdings (China Liberal Education Holdings) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). China Liberal Education Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.17 Mil. China Liberal Education Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $-5.20 Mil.

The historical rank and industry rank for China Liberal Education Holdings's Days Inventory or its related term are showing as below:

CLEU' s Days Inventory Range Over the Past 10 Years
Min: 33.17 Med: 57.12 Max: 63
Current: 53.35

During the past 7 years, China Liberal Education Holdings's highest Days Inventory was 63.00. The lowest was 33.17. And the median was 57.12.

CLEU's Days Inventory is ranked worse than
84.81% of 158 companies
in the Education industry
Industry Median: 8.33 vs CLEU: 53.35

China Liberal Education Holdings's Days Inventory declined from Dec. 2022 (51.11) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Liberal Education Holdings's Inventory Turnover for the six months 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 Days Inventory Historical Data

The historical data trend for China Liberal Education Holdings's Days 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.

* Premium members only.

China Liberal Education Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

33.17

63.00

60.88

53.35

China Liberal Education Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory									54.59	84.18	51.11	5.32	-

Competitive Comparison

For the Education & Training Services subindustry, China Liberal Education Holdings's Days Inventory, along with its competitors' market caps and Days Inventory 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.

China Liberal Education Holdings Days Inventory Distribution

For the Education industry and Consumer Defensive sector, China Liberal Education Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Liberal Education Holdings's Days Inventory falls into.

China Liberal Education Holdings Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.194	+	0.167)	/	2 )	/	1.235	*	365
=	0.1805					/	1.235	*	365
=	53.35

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.181	+	0.167)	/	2 )	/	-5.202	*	365 / 2
=	0.174					/	-5.202	*	365 / 2
=	N/A

China Liberal Education Holdings (NAS:CLEU) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

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

2. 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 six months ended in Dec. 2023 is calculated as

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

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

China Liberal Education Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of China Liberal Education Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » Days 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.