Switch to:
GuruFocus has detected 6 Warning Signs with Educational Development Corp \$EDUC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Educational Development Corp (NAS:EDUC)
Change In Inventory
\$0.00 Mil (As of Nov. 2016)

Educational Development Corp's change in inventory for the quarter that ended in Nov. 2016 was \$0.00 Mil. It means Educational Development Corp's inventory stayed the same from Aug. 2016 to Nov. 2016 .

Educational Development Corp's change in inventory for the fiscal year that ended in Feb. 2016 was \$-6.05 Mil. It means Educational Development Corp's inventory increased by \$6.05 Mil from Feb. 2015 to Feb. 2016 .

Educational Development Corp's inventory for the quarter that ended in Nov. 2016 was \$34.20 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Educational Development Corp's days inventory for the quarter that ended in Nov. 2016 was 348.61.

Inventory can be measured by Days Sales of Inventory (DSI). Educational Development Corp's days sales of inventory (DSI) for the quarter that ended in Nov. 2016 was 94.57.

Inventory turnover measures how fast the company turns over its inventory within a year. Educational Development Corp's inventory turnover for the quarter that ended in Nov. 2016 was 0.26.

Inventory to revenue ratio 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. Educational Development Corp's inventory to revenue ratio for the quarter that ended in Nov. 2016 was 1.04.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’s ending inventory.

Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Educational Development Corp's Days Inventory for the quarter that ended in Nov. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 31.8165 / 8.328 * 365 / 4 = 348.61

2. Inventory can be measured by Days Sales of Inventory (DSI).

Educational Development Corp's Days Sales of Inventory for the quarter that ended in Nov. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 31.8165 / 30.698 * 365 / 4 = 94.57

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Educational Development Corp's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 8.328 / 31.8165 = 0.26

4. 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.

Educational Development Corp's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 31.8165 / 30.698 = 1.04

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Educational Development Corp Annual Data

 Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 ChangeInInventory -0.31 0.57 2.10 -1.07 1.34 0.20 0.12 -0.06 -1.19 -6.05

Educational Development Corp Quarterly Data

 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 ChangeInInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)