Bright Days Of Inventory On Hand from 2010 to 2024

BEDU Stock  USD 1.76  0.02  1.15%   
Bright Scholar Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 0.32 in 2024. From the period from 2010 to 2024, Bright Scholar Days Of Inventory On Hand quarterly data regression had r-value of (0.82) and coefficient of variation of  52.45. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
0.33828159
Current Value
0.32
Quarterly Volatility
1.86576793
 
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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 101.8 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0258 or PTB Ratio of 0.81. 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 Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Bright Scholar Education over the last few years. It is Bright Scholar's Days Of Inventory On Hand 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.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Bright Days Of Inventory On Hand Regression Statistics

Arithmetic Mean3.56
Geometric Mean2.71
Coefficient Of Variation52.45
Mean Deviation1.59
Median4.73
Standard Deviation1.87
Sample Variance3.48
Range5.7174
R-Value(0.82)
Mean Square Error1.22
R-Squared0.67
Significance0.0002
Slope(0.34)
Total Sum of Squares48.74

Bright Days Of Inventory On Hand History

2024 0.32
2023 0.34
2022 1.31
2021 2.03
2020 2.34
2019 4.77
2018 6.04

About Bright Scholar Financial Statements

Bright Scholar shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, 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
Days Of Inventory On Hand 0.34  0.32 

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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.