Adtalem Global Education Inc (ATGE)
Days of inventory on hand (DOH)
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | 467.88 | — | — | |
DOH | days | — | — | 0.78 | — | — |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The provided data indicates that Adtalem Global Education Inc did not report a specific number of days of inventory on hand (DOH) for June 30, 2021, June 30, 2022, June 30, 2024, or June 30, 2025, as denoted by the designation "— days." This absence of reported DOH suggests either that inventory levels are negligible or that inventory is not a significant component of the company's operations, likely due to its nature as an education services organization rather than a manufacturing or retail entity.
However, for June 30, 2023, the company reported a DOH of 0.78 days, implying that inventory turnover is exceptionally rapid, with inventory being on hand for less than a day on average. This extremely low figure points to a minimal inventory holding period, which is consistent with the typical operational model of an educational services provider that does not maintain large inventories of physical goods.
Taken together, these ratios reflect that Adtalem Global Education Inc operates with virtually negligible inventory levels, reaffirming its focus on service-based offerings rather than product inventory management. The minimal or unreported inventory data highlights that inventory management is unlikely to be a significant factor influencing the company's operational efficiency or liquidity.
Peer comparison
Jun 30, 2025