Gravitas Education Holdings Inc.

NYSE GEHI

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Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio 5 year CAGR for the year ending December 31, 2022: -45.03%

Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio 5 year CAGR is -45.03% for the year ending December 31, 2022, a -458.74% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 37.25, a 47.71% change year over year.
  • Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 25.22, a -48.25% change year over year.
  • Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 48.73, a -2.20% change year over year.
  • Gravitas Education Holdings Inc. Accounts Payable Turnover Ratio for the year ending December 31, 2018 was 49.82, a -13.80% change year over year.
NYSE: GEHI

Gravitas Education Holdings Inc.

CEO Ms. Yanlai Shi
IPO Date Sept. 27, 2017
Location China
Headquarters No. 29 Building, Beijing, China, 100078
Employees 1,143
Sector Consumer Defensive
Industry Education & training services
Description

Gravitas Education Holdings, Inc. provides early childhood education services in the People's Republic of China. It operates play-and-learn centers that offer services for the joint participation of 0-6-year-old children and their adult family members to promote children's development, foster bonding with family, and prepare them for their entry into kindergartens and primary schools. The company also operates student care centers; teaching facilities; and provides course content, training, support and guidance, and other services to franchisees and licensees. In addition, it develops and sells educational products and services; and distributes merchandise, such as teaching aids, educational toys, at-home educational products, and school uniforms through franchisees and other business partners, as well as directly to a market of families. Further, the company operates Qingtian Youpin, an e-commerce platform for maternity and children's products. The company was formerly known as RYB Education, Inc. and changed its name to Gravitas Education Holdings, Inc. in May 2022. Gravitas Education Holdings, Inc. was founded in 1998 and is based in Beijing, China.

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StockViz Staff

September 20, 2024

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