Bright Inventory Turnover from 2010 to 2024

BEDU Stock  USD 1.85  0.02  1.09%   
Bright Scholar Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
250.69
Current Value
263.22
Quarterly Volatility
77.85964374
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bright Scholar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bright Scholar's main balance sheet or income statement drivers, such as Discontinued Operations of 252.1 M, Depreciation And Amortization of 105.1 M or Interest Expense of 8 M, as well as many indicators such as Price To Sales Ratio of 0.0992, Dividend Yield of 0.0258 or PTB Ratio of 0.13. Bright financial statements analysis is a perfect complement when working with Bright Scholar Valuation or Volatility modules.
  
Check out the analysis of Bright Scholar Correlation against competitors.

Latest Bright Scholar's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Bright Scholar Education over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Bright Scholar's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bright Scholar's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Bright Inventory Turnover Regression Statistics

Arithmetic Mean128.67
Geometric Mean110.97
Coefficient Of Variation60.51
Mean Deviation64.65
Median77.24
Standard Deviation77.86
Sample Variance6,062
Range218
R-Value0.83
Mean Square Error2,021
R-Squared0.69
Significance0.0001
Slope14.47
Total Sum of Squares84,870

Bright Inventory Turnover History

2024 263.22
2023 250.69
2022 278.54
2021 180.06
2020 155.73
2019 76.56
2018 60.46

About Bright Scholar Financial Statements

Bright Scholar shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Bright Scholar investors may analyze each financial statement separately, they are all interrelated. The changes in Bright Scholar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bright Scholar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 250.69  263.22 

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Additional Tools for Bright Stock Analysis

When running Bright Scholar's price analysis, check to measure Bright Scholar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bright Scholar is operating at the current time. Most of Bright Scholar's value examination focuses on studying past and present price action to predict the probability of Bright Scholar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Scholar's price. Additionally, you may evaluate how the addition of Bright Scholar to your portfolios can decrease your overall portfolio volatility.