Offcn Education Technology Co (SZSE:002607) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Offcn Education Technology Co Change In Inventory?

Offcn Education Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Offcn Education Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Offcn Education Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥0 Mil. It means Offcn Education Technology Co's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Offcn Education Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Offcn Education Technology Co's Days Inventory for the quarter that ended in Mar. 2024 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. Offcn Education Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Offcn Education Technology Co Change In Inventory Historical Data

The historical data trend for Offcn Education Technology Co'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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Offcn Education Technology Co Change In Inventory Chart

Offcn Education Technology Co Annual Data

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Change In Inventory

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0.02

Offcn Education Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Offcn Education Technology Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Offcn Education Technology Co (SZSE:002607) Change In Inventory Explanation

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

Offcn Education Technology Co'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	/	315.221	*	365 / 4
	=	0.00

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

Offcn Education Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	315.221	/	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.

Offcn Education Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	763.498
	=	0.00

Offcn Education Technology Co Change In Inventory Related Terms

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Offcn Education Technology Co (SZSE:002607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Offcn Education Technology Co Ltd (SZSE:002607) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.23 Xueqing Road, Block B, Hanhua Century Building, Haidian District, Beijing, CHN, 100089

Website

https://www.offcn.com

Offcn Education Technology Co Ltd is China's multi-category vocational education institution and civil servant entrance examination training company. The company serves the younger demographic including college students and university graduates throughout mainland China.

Executives

Wang Zhen Dong	Directors, executives
Yu Hong Wei	Supervisors
He You Li	Executives
Yang Qing Mei	Director
Zhou Xia Yun	Director
Cao Ying Hong	Supervisors
Xiao Mei Rong	Directors, executives
Wang Jie Ning	Director
Ye Zheng Gui	Supervisors
Zou Ze Qing	Executives
Li Lin	Secretary Dong
Fang Cheng	Executives
Wang Hai Feng	Securities Affairs Representative

Offcn Education Technology Co (SZSE:002607) Headlines

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