Days Inventory is also known as Days Sales of Inventory (DSI). Educational Development's Average Total Inventories for the
three
months ended in Nov. 2023 was $50.96 Mil. Educational Development's Cost of Goods Sold for the
three
months ended in Nov. 2023 was $5.80 Mil.
Hence, Educational Development's Days Inventory for the
three
months ended in Nov. 2023 was 801.25.
The historical rank and industry rank for Educational Development's Days Inventory or its related term are showing as below:
EDUC'
s Days Inventory Range Over the Past 10 Years
Min: 248.8 Med: 312.32 Max: 988.02
Current: 988.02
During the past 13 years, Educational Development's highest Days Inventory was 988.02. The lowest was 248.80. And the median was 312.32.
EDUC's Days Inventory is ranked worse than 96.96% of 657
companies
in the Media - Diversified industry
Industry Median: 26.32
vs EDUC: 988.02
Educational Development's Days Inventory
increased
from Nov. 2022 (517.55) to Nov. 2023 (801.25).
It might indicate that Educational Development's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Educational Development's Inventory Turnover for the
three
months ended in Nov. 2023 was 0.11.
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's Inventory-to-Revenue for the
three
months ended in Nov. 2023 was 3.01.
Educational Development Days Inventory Historical Data
The historical data trend for Educational Development's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Publishing subindustry, Educational Development's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Educational Development Days Inventory Distribution
For the Media - Diversified industry and Communication Services sector, Educational Development's Days Inventory distribution charts can be found below:
* The bar in red indicates where Educational Development's Days Inventory falls into.
Educational Development Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Educational Development's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Educational Development (NAS:EDUC) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Educational Development's Inventory Turnover for the
three
months ended in Nov. 2023 is calculated as
2. 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's Inventory to Revenue for the
three
months ended in Nov. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange 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.
Educational Development Days Inventory Related Terms
Thank you for viewing the detailed overview of Educational Development's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Educational Development (Educational Development) Business Description
Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: Direct Sales Division segment and Publishing Division segment. The Publishing Division segment markets its products to retail accounts, which include the book, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. The Direct Sales Division segment sells their books and products through independent brand partners direct to the customer. It derives a majority of revenue from the Direct sales division segment.
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