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John Wiley & Sons Inc (NYSE:JW.A)
Days Inventory
46.60 (As of Apr. 2016)

John Wiley & Sons Inc's average inventory for the three months ended in Apr. 2016 was $56 Mil. John Wiley & Sons Inc's cost of goods sold for the three months ended in Apr. 2016 was $109 Mil. Hence, John Wiley & Sons Inc's days inventory for the three months ended in Apr. 2016 was 46.60.

JW.A' s Days Inventory Range Over the Past 10 Years
Min: 45.77   Max: 87.33
Current: 45.77

45.77
87.33

During the past 13 years, John Wiley & Sons Inc's highest Days Inventory was 87.33. The lowest was 45.77. And the median was 71.18.

JW.A's Days Inventory is ranked lower than
55% of the 157 Companies
in the Global Publishing industry.

( Industry Median: 35.67 vs. JW.A: 45.77 )

John Wiley & Sons Inc's days inventory declined from Apr. 2015 (50.30) to Apr. 2016 (46.60).

Inventory can be measured by Days Sales of Inventory (DSI). John Wiley & Sons Inc's days sales of inventory (DSI) for the three months ended in Apr. 2016 was 11.72.

Inventory turnover measures how fast the company turns over its inventory within a year. John Wiley & Sons Inc's inventory turnover for the three months ended in Apr. 2016 was 1.96.

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. John Wiley & Sons Inc's inventory to revenue ratio for the three months ended in Apr. 2016 was 0.13.


Definition

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

John Wiley & Sons Inc's Days Inventory for the fiscal year that ended in Apr. 2016 is calculated as

Days Inventory (A: Apr. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Apr. 2015 ) + Inventory (A: Apr. 2016 )) / 2 ) / COGS (A: Apr. 2016 )*Days in Period
=( (63.779 + 57.779) / 2 ) / 465.917*365
=60.779 / 465.917*365
=47.61

John Wiley & Sons Inc's Days Inventory for the quarter that ended in Apr. 2016 is calculated as:

Days Inventory (Q: Apr. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jan. 2016 ) + Inventory (Q: Apr. 2016 )) / 2 ) / COGS (Q: Apr. 2016 )*Days in Period
=( (53.747 + 57.779) / 2 ) / 109.198*365 / 4
=55.763 / 109.198*365 / 4
=46.60

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

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

John Wiley & Sons Inc's Days Sales of Inventory for the three months ended in Apr. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=55.763/434.301*365 / 4
=11.72

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

John Wiley & Sons Inc's Inventory Turnover for the three months ended in Apr. 2016 is calculated as

3. 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.

John Wiley & Sons Inc's Inventory to Revenue for the three months ended in Apr. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=55.763 / 434.301
=0.13

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

John Wiley & Sons Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysInventory 87.3379.1381.1074.9672.6269.7462.8456.7150.8747.61

John Wiley & Sons Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysInventory 56.1055.9355.2149.3649.9350.3046.6745.6542.4746.60
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