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EpicQuest Education Group International (EpicQuest Education Group International) Inventory-to-Revenue : 0.02 (As of Sep. 2023)


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What is EpicQuest Education Group International Inventory-to-Revenue?

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. EpicQuest Education Group International's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.04 Mil. EpicQuest Education Group International's Revenue for the six months ended in Sep. 2023 was $2.29 Mil. EpicQuest Education Group International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

EpicQuest Education Group International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.01) to Mar. 2023 (0.02)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EpicQuest Education Group International's Days Inventory for the six months ended in Sep. 2023 was 9.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. EpicQuest Education Group International's Inventory Turnover for the quarter that ended in Sep. 2023 was 19.04.


EpicQuest Education Group International Inventory-to-Revenue Historical Data

The historical data trend for EpicQuest Education Group International's Inventory-to-Revenue 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.

EpicQuest Education Group International Inventory-to-Revenue Chart

EpicQuest Education Group International Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
Get a 7-Day Free Trial - - - - 0.01

EpicQuest Education Group International Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.02

Competitive Comparison of EpicQuest Education Group International's Inventory-to-Revenue

For the Education & Training Services subindustry, EpicQuest Education Group International's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


EpicQuest Education Group International's Inventory-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, EpicQuest Education Group International's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where EpicQuest Education Group International's Inventory-to-Revenue falls into.



EpicQuest Education Group International Inventory-to-Revenue Calculation

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.

EpicQuest Education Group International's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (0 + 0.041) / 1 ) / 5.712
=0.041 / 5.712
=0.01

EpicQuest Education Group International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0.036 + 0.041) / 2 ) / 2.292
=0.0385 / 2.292
=0.02

* 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.


EpicQuest Education Group International  (NAS:EEIQ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

EpicQuest Education Group International's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.0385/0.733*365 / 2
=9.59

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

EpicQuest Education Group International's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.733 / 0.0385
=19.04

* 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.


EpicQuest Education Group International Inventory-to-Revenue Related Terms

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EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Traded in Other Exchanges
N/A
Address
1209 North University Boulevard, Middletown, OH, USA, 45042
EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.