Everybody Loves Languages (TSXV:ELL) Change In Inventory : C$0.00 Mil (TTM As of Sep. 2021)

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What is Everybody Loves Languages Change In Inventory?

Everybody Loves Languages's change in inventory for the quarter that ended in Sep. 2021 was C$0.00 Mil. It means Everybody Loves Languages's inventory stayed the same from Jun. 2021 to Sep. 2021 .

Everybody Loves Languages's change in inventory for the fiscal year that ended in Dec. 2020 was C$0.00 Mil. It means Everybody Loves Languages's inventory stayed the same from Dec. 2019 to Dec. 2020 .

Everybody Loves Languages's Total Inventories for the quarter that ended in Sep. 2021 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Everybody Loves Languages's Days Inventory for the quarter that ended in Sep. 2021 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. Everybody Loves Languages's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

Everybody Loves Languages Change In Inventory Historical Data

The historical data trend for Everybody Loves Languages'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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Everybody Loves Languages Change In Inventory Chart

Everybody Loves Languages Annual Data

Trend

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Change In Inventory

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Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Everybody Loves Languages 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Everybody Loves Languages (TSXV:ELL) Change In Inventory Explanation

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

Everybody Loves Languages'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	/	0.077	*	365 / 4
	=	0.00

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

Everybody Loves Languages's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.077	/	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.

Everybody Loves Languages's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.163
	=	0.00

Everybody Loves Languages Change In Inventory Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Change In Inventory

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Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

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