China Chunlai Education Group Co (HKSE:01969) Change In Inventory : HK$0 Mil (TTM As of Aug. 2023)

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What is China Chunlai Education Group Co Change In Inventory?

China Chunlai Education Group Co's change in inventory for the quarter that ended in Aug. 2023 was HK$0 Mil. It means China Chunlai Education Group Co's inventory stayed the same from Feb. 2023 to Aug. 2023 .

China Chunlai Education Group Co's change in inventory for the fiscal year that ended in Aug. 2023 was HK$0 Mil. It means China Chunlai Education Group Co's inventory stayed the same from Aug. 2022 to Aug. 2023 .

China Chunlai Education Group Co's Total Inventories for the quarter that ended in Aug. 2023 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Chunlai Education Group Co's Days Inventory for the quarter that ended in Aug. 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. China Chunlai Education Group Co's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.00.

China Chunlai Education Group Co Change In Inventory Historical Data

The historical data trend for China Chunlai Education Group Co'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 Chunlai Education Group Co Change In Inventory Chart

China Chunlai Education Group Co Annual Data

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Change In Inventory

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China Chunlai Education Group Co Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Inventory	Get a 7-Day Free Trial												-	-	-	-	-

China Chunlai Education Group Co 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

China Chunlai Education Group Co (HKSE:01969) Change In Inventory Explanation

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

China Chunlai Education Group Co'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	/	356.541	*	365 / 2
	=	0.00

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

China Chunlai Education Group Co's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	356.541	/	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.

China Chunlai Education Group Co's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	808.966
	=	0.00

China Chunlai Education Group Co Change In Inventory Related Terms

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China Chunlai Education Group Co (HKSE:01969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Chunlai Education Group Co Ltd (HKSE:01969) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000

Website

https://www.chunlaiedu.com

China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.

Executives

Hou Junyu	2201 Interest of corporation controlled by you
Chunlai Investment Co., Ltd.	2101 Beneficial owner
Xiang Rong International Limited	2101 Beneficial owner

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