EDUC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
EDUC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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:
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.
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.
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.
Educational Development Annual Data | |||||||||||||||||||||
Trend | Feb14 | Feb15 | Feb16 | Feb17 | Feb18 | Feb19 | Feb20 | Feb21 | Feb22 | Feb23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 280.62 | 314.54 | 248.80 | 508.04 | 750.72 |
Educational Development Quarterly Data | ||||||||||||||||||||
Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | |
Days Inventory | Get a 7-Day Free Trial | 517.55 | 924.33 | 1,022.63 | 1,362.63 | 801.25 |
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.
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.
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
Days Inventory (A: Feb. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Feb. 2022 ) | + | Total Inventories (A: Feb. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Feb. 2023 ) | * | Days in Period |
= | ( (71.554 | + | 59.087) | / | 2 ) | / | 31.759 | * | 365 |
= | 65.3205 | / | 31.759 | * | 365 | ||||
= | 750.72 |
Educational Development's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:
Days Inventory (Q: Nov. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Aug. 2023 ) | + | Total Inventories (Q: Nov. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Nov. 2023 ) | * | Days in Period |
= | ( (53.682 | + | 48.228) | / | 2 ) | / | 5.803 | * | 365 / 4 |
= | 50.955 | / | 5.803 | * | 365 / 4 | ||||
= | 801.25 |
* 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
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 5.803 | / | 50.955 | |
= | 0.11 |
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
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 50.955 | / | 16.945 | |
= | 3.01 |
* 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.
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.
O Keefe Daniel E | officer: Chief Financial Officer | 1221 E HOUSTON, BROKEN ARROW OK 74012 |
Heather N. Cobb | officer: Chief Sales & Marketing Offcr | 5402 S. 122ND ST. EAST AVE., TULSA OK 74137 |
Craig M White | officer: VP, Operations | 10302 E 55TH PL, TULSA OK 74146 |
Bradely Von Stoots | director | 5402 S. 122ND EAST AVE, TULSA OK 74146 |
Randall W White | director, 10 percent owner, officer: President & CEO | |
Joshua J Peters | director | 5402 S. 122ND EAST AVE, TULSA OK 74146 |
Ronald T Mcdaniel | officer: Vice President | |
Besty Richert | director | 5402 S. 122ND EAST AVE, TULSA OK 74146 |
Kara Gae Neal | director | 5402 S. 122ND EAST AVE, TULSA OK 74146 |
James F Lewis | director | |
G Dean Cosgrove | director | |
William C Fossett | officer: Controller & Corporate Secreta | |
John A Clerico | director | 3132 S COLUMBIA CIRCLE, TULSA OK 74105 |
Robert D Berryhill | director | PO BOX 1120, BIXBY OK 74008 |
Kathy Slemp | officer: Vice President |
From GuruFocus
By GlobeNewswire GlobeNewswire • 02-09-2021
By Marketwired Marketwired • 08-28-2020
By Marketwired Marketwired • 09-04-2020
By GlobeNewswire GlobeNewswire • 08-27-2020
By Marketwired Marketwired • 02-09-2021
By Marketwired Marketwired • 07-13-2021
By Marketwired Marketwired • 01-26-2021
By GlobeNewswire GlobeNewswire • 09-04-2020
By Marketwired Marketwired • 12-03-2020
By Marketwired Marketwired • 08-06-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.