Nido Education (ASX:NDO) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Nido Education Change In Inventory?

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

Nido Education's change in inventory for the fiscal year that ended in Dec. 2023 was A$0.00 Mil. It means Nido Education's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Nido Education's Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nido Education's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Nido Education's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Nido Education Change In Inventory Historical Data

The historical data trend for Nido Education'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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Nido Education Change In Inventory Chart

Nido Education Annual Data

Trend

Dec22

Dec23

Change In Inventory

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
Change In Inventory	-	-	-

Nido Education 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 A$0.00 Mil.

Nido Education (ASX:NDO) Change In Inventory Explanation

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

Nido Education'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	/	6.714	*	365 / 2
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.714	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	58.707
	=	0.00

Nido Education Change In Inventory Related Terms

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Nido Education (ASX:NDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nido Education Ltd (ASX:NDO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

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