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Kip McGrath Education Centres (ASX:KME) Days Inventory : 0.00 (As of Dec. 2023)


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What is Kip McGrath Education Centres Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kip McGrath Education Centres's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Kip McGrath Education Centres's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

The historical rank and industry rank for Kip McGrath Education Centres's Days Inventory or its related term are showing as below:

During the past 13 years, Kip McGrath Education Centres's highest Days Inventory was 1.87. The lowest was 1.87. And the median was 1.87.

ASX:KME's Days Inventory is not ranked *
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

Kip McGrath Education Centres's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Kip McGrath Education Centres's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Kip McGrath Education Centres Days Inventory Historical Data

The historical data trend for Kip McGrath Education Centres'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.

Kip McGrath Education Centres Days Inventory Chart

Kip McGrath Education Centres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
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Kip McGrath Education Centres Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Kip McGrath Education Centres's Days Inventory

For the Education & Training Services subindustry, Kip McGrath Education Centres'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.


Kip McGrath Education Centres's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Kip McGrath Education Centres's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kip McGrath Education Centres's Days Inventory falls into.



Kip McGrath Education Centres Days Inventory Calculation

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

Kip McGrath Education Centres's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.24*365
=0 / 0.24*365
=0.00

Kip McGrath Education Centres'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 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.


Kip McGrath Education Centres  (ASX:KME) 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.

Kip McGrath Education Centres's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Kip McGrath Education Centres's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


Kip McGrath Education Centres Days Inventory Related Terms

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


Kip McGrath Education Centres (ASX:KME) Business Description

Traded in Other Exchanges
N/A
Address
7 Bond Street, Newcastle, NSW, AUS, 2300
Kip McGrath Education Centres Ltd offers supplementary education to students through the franchise in Australia and overseas, in the United Kingdom and New Zealand. Its products are face to face tuition programs, direct at-home educational products and online tertiary courses. Geographically, the company operates in Australasia, the United Kingdom and Europe, and Other overseas regions. It derives revenue from franchise fees, student lesson fees, sales of master territories and franchise centres, and direct sales, of which a majority of the revenue is derived from franchise fees.

Kip McGrath Education Centres (ASX:KME) Headlines