Proeduca Altus (XMAD:PRO) Change In Inventory : €0.0 Mil (TTM As of Aug. 2023)

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What is Proeduca Altus Change In Inventory?

Proeduca Altus's change in inventory for the quarter that ended in Aug. 2023 was €0.0 Mil. It means Proeduca Altus's inventory stayed the same from Feb. 2023 to Aug. 2023 .

Proeduca Altus's change in inventory for the fiscal year that ended in Aug. 2023 was €0.0 Mil. It means Proeduca Altus's inventory declined by €0.0 Mil from Aug. 2022 to Aug. 2023 .

Proeduca Altus's Total Inventories for the quarter that ended in Aug. 2023 was €0.0 Mil.

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

Proeduca Altus Change In Inventory Historical Data

The historical data trend for Proeduca Altus'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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Proeduca Altus Change In Inventory Chart

Proeduca Altus Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

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-0.05

0.07

0.02

0.01

Proeduca Altus Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Inventory	Get a 7-Day Free Trial							-0.01	0.10	-0.08	0.01	-

Proeduca Altus 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 €0.0 Mil.

Proeduca Altus (XMAD:PRO) Change In Inventory Explanation

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

Proeduca Altus'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	/	2.872	*	365 / 2
	=	0.00

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

Proeduca Altus's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.872	/	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.

Proeduca Altus's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	140.679
	=	0.00

Proeduca Altus Change In Inventory Related Terms

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Proeduca Altus (XMAD:PRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Proeduca Altus SA (XMAD:PRO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Avenue De La Paz 137, Logrono, ESP, 26006

Website

https://www.grupoproeduca.com

Proeduca Altus SA is engaged in the business of providing online education. The business has its presence in Spain, Ecuador, Colombia, Mexico, Peru, Argentina, Bolivia and the USA.