Proeduca Altus (XMAD:PRO) Days Inventory : 0.00 (As of Aug. 2023)

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What is Proeduca Altus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Proeduca Altus's Average Total Inventories for the six months ended in Aug. 2023 was €0.0 Mil. Proeduca Altus's Cost of Goods Sold for the six months ended in Aug. 2023 was €2.9 Mil. Hence, Proeduca Altus's Days Inventory for the six months ended in Aug. 2023 was 0.00.

The historical rank and industry rank for Proeduca Altus's Days Inventory or its related term are showing as below:

XMAD:PRO' s Days Inventory Range Over the Past 10 Years
Min: 0.65 Med: 6.6 Max: 17.57
Current: 0.92

During the past 7 years, Proeduca Altus's highest Days Inventory was 17.57. The lowest was 0.65. And the median was 6.60.

XMAD:PRO's Days Inventory is ranked better than
88.46% of 156 companies
in the Education industry
Industry Median: 8.17 vs XMAD:PRO: 0.92

Proeduca Altus's Days Inventory declined from Aug. 2022 (1.21) to Aug. 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. Proeduca Altus's Inventory-to-Revenue for the six months ended in Aug. 2023 was 0.00.

Proeduca Altus Days Inventory Historical Data

The historical data trend for Proeduca Altus'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.

Proeduca Altus Days Inventory Chart

Proeduca Altus Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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6.93

6.60

1.68

0.65

Proeduca Altus Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Inventory	Get a 7-Day Free Trial							1.07	2.16	1.21	0.61	-

Competitive Comparison of Proeduca Altus's Days Inventory

For the Education & Training Services subindustry, Proeduca Altus'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.

Proeduca Altus's Days Inventory Distribution in the Education Industry

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

* The bar in red indicates where Proeduca Altus's Days Inventory falls into.

Proeduca Altus Days Inventory Calculation

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 fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0.011	+	0)	/	1 )	/	6.145	*	365
=	0.011					/	6.145	*	365
=	0.65

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

	Days Inventory (Q: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.872	*	365 / 2
=	0					/	2.872	*	365 / 2
=	0.00

Proeduca Altus (XMAD:PRO) 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.

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

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

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

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

Proeduca Altus Days Inventory Related Terms

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

Proeduca Altus (XMAD:PRO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

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.