The historical rank and industry rank for Perdoceo Education's Days Inventory or its related term are showing as below:
FRA:CE1'
s Days Inventory Range Over the Past 10 Years
Min: 1.91 Med: 3.92 Max: 10.45
Current: 10.45
During the past 13 years, Perdoceo Education's highest Days Inventory was 10.45. The lowest was 1.91. And the median was 3.92.
FRA:CE1's Days Inventory is ranked worse than 55.13% of 156
companies
in the Education industry
Industry Median: 8.825
vs FRA:CE1: 10.45
Perdoceo Education's Days Inventory
increased
from Mar. 2023 (7.67) to Mar. 2024 (14.12).
It might indicate that Perdoceo Education's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Perdoceo Education's Inventory Turnover for the
three
months ended in Mar. 2024 was 6.46.
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.
Perdoceo Education's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.03.
Perdoceo Education Days Inventory Historical Data
The historical data trend for Perdoceo 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.
Competitive Comparison of Perdoceo Education's Days Inventory
For the Education & Training Services subindustry, Perdoceo 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.
Perdoceo Education's Days Inventory Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Perdoceo Education's Days Inventory distribution charts can be found below:
* The bar in red indicates where Perdoceo Education's Days Inventory falls into.
Perdoceo Education Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Perdoceo Education's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Perdoceo Education (FRA:CE1) 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.
Perdoceo Education's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
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.
Perdoceo Education's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
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.
Perdoceo Education Days Inventory Related Terms
Thank you for viewing the detailed overview of Perdoceo Education's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.
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