EDMCQ (Education Management) Inventory Turnover: 0.00 (As of Jun. 2014)

What is Education Management Inventory Turnover?

Education Management EDMCQ -99.00% Inventory Turnover is 0.00 as of Jun. 2014.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Education Management's Cost of Goods Sold for the three months ended in Jun. 2014 was $314 Mil. Education Management's Average Total Inventories for the quarter that ended in Jun. 2014 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Education Management's Days Inventory for the three months ended in Jun. 2014 was 0.00.

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. Education Management's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.00.

Education Management (OTCPK:EDMCQ) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Education Management's Days Inventory for the three months ended in Jun. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2014 )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
	=	0	/	313.625	*	365 / 4
	=	0.00

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.

Education Management's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2014 )	/	Revenue (Q: Jun. 2014 )
	=	0	/	503.481
	=	0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Education Management Inventory Turnover Related Terms

Education Management Inventory Turnover Historical Data

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The historical data trend for Education Management's Inventory Turnover can be seen below:

Education Management Inventory Turnover Chart

Education Management Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Inventory Turnover

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120.62

138.67

167.15

172.64

0.00

Education Management Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Inventory Turnover	Get a 7-Day Free Trial															50.76	0.00	0.00	0.00	0.00

Education Management Inventory Turnover Calculation

Education Management's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Inventory Turnover (A: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2014 )	/ (	(Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )
=	1373.699	/ (	(0	+	0)	/	1 )
=	1373.699	/	0
=	N/A

Education Management's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

	Inventory Turnover (Q: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2014 )	/ (	(Total Inventories (Q: Mar. 2014 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )
=	313.625	/ (	(0	+	0)	/	1 )
=	313.625	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Education Management (EDMCQ) has a Inventory Turnover of 0.00 as of Jun. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Education Management and its competitors.

Is Education Management's Inventory Turnover too high?

Education Management's current Inventory Turnover is 0.00.

How does Education Management's Inventory Turnover compare to ZVO?

Education Management's Inventory Turnover of 0.00 can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Education company?

A good Inventory Turnover depends on the Education industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Education Management and its competitors. Education Management's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Education Management stock overvalued right now?

Education Management (EDMCQ) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Education Management (EDMCQ), the current Inventory Turnover is 0.00 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Education Management Business Description

Industry Consumer Defensive Education

Comparable Companies TSE:7073 TSE:4735 ZVO XKRX:133750 HKSE:08055 XKRX:289010 HKSE:01082 ASX:3PL XKRX:225330 XKRX:057030 TSE:6065 XKLS:5204 HKSE:01758 SGX:NR7 HKSE:08105 HKSE:08363 PHS:CEU ASX:AKG TSE:9696 BOM:532475

Address 210 Sixth Avenue, 33rd Floor, Pittsburgh, PA, USA, 15222

Website http://www.edmc.edu

Education Management Corp provides post-secondary education in North America. It offers academic programs to students through campus-based and online instruction, or through a combination of both. The company operates in four segments including The Art Institutes; Argosy University; Brown Mackie Colleges and South University. The Art Institutes focus on applied arts in creative professions such as graphic design, media arts, and animation, culinary arts. Brown Mackie Colleges offer flexible Associate's and non-degree diploma programs that enable students to develop skills for entry-level positions in high-demand vocational specialties. South University offers academic programs in health profession and business disciplines, health sciences, nursing, criminal justice, psychology, and IT.