Adtalem Global Education (STU:DVY) Days Inventory : 0.00 (As of Mar. 2024)

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What is Adtalem Global Education Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adtalem Global Education's Average Total Inventories for the three months ended in Mar. 2024 was €0 Mil. Adtalem Global Education's Cost of Goods Sold for the three months ended in Mar. 2024 was €161 Mil. Hence, Adtalem Global Education's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

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

Adtalem Global Education's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Adtalem Global Education's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Adtalem Global Education Days Inventory Historical Data

The historical data trend for Adtalem Global Education'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.

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Adtalem Global Education Days Inventory Chart

Adtalem Global Education Annual Data

Trend

Jun14

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Days Inventory

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Adtalem Global Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Adtalem Global Education's Days Inventory

For the Education & Training Services subindustry, Adtalem Global Education'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.

Adtalem Global Education's Days Inventory Distribution in the Education Industry

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

* The bar in red indicates where Adtalem Global Education's Days Inventory falls into.

Adtalem Global Education Days Inventory Calculation

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

Adtalem Global Education'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 )	/	598.552	*	365
=	0					/	598.552	*	365
=	0.00

Adtalem Global Education's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	161.295	*	365 / 4
=	0					/	161.295	*	365 / 4
=	0.00

Adtalem Global Education (STU:DVY) 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.

Adtalem Global Education's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	161.295	/	0
	=

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.

Adtalem Global Education's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	379.645
	=	0.00

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.

Adtalem Global Education Days Inventory Related Terms

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Adtalem Global Education (STU:DVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Adtalem Global Education Inc (STU:DVY) » Definitions » Days Inventory

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ATGE:USA

Address

500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661

Website

https://www.adtalem.com

Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.