Peoples Educational Holdings (Peoples Educational Holdings) Inventory Turnover : 3.67 (As of May. 2012)

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What is Peoples Educational Holdings Inventory Turnover?

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. Peoples Educational Holdings's Cost of Goods Sold for the three months ended in May. 2012 was $7.57 Mil. Peoples Educational Holdings's Average Total Inventories for the quarter that ended in May. 2012 was $2.06 Mil. Peoples Educational Holdings's Inventory Turnover for the quarter that ended in May. 2012 was 3.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Peoples Educational Holdings's Days Inventory for the three months ended in May. 2012 was 24.86.

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. Peoples Educational Holdings's Inventory-to-Revenue for the quarter that ended in May. 2012 was 0.38.

Peoples Educational Holdings Inventory Turnover Historical Data

The historical data trend for Peoples Educational Holdings's Inventory Turnover 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.

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Peoples Educational Holdings Inventory Turnover Chart

Peoples Educational Holdings Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

May07

May08

May09

May10

May11

May12

Inventory Turnover

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4.96

5.33

5.22

5.45

9.46

Peoples Educational Holdings Quarterly Data
	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12
Inventory Turnover	Get a 7-Day Free Trial															1.19	2.43	0.98	0.80	3.67

Peoples Educational Holdings Inventory Turnover Calculation

Peoples Educational Holdings's Inventory Turnover for the fiscal year that ended in May. 2012 is calculated as

	Inventory Turnover (A: May. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2012 )	/ (	(Total Inventories (A: May. 2011 )	+	Total Inventories (A: May. 2012 ))	/	count )
=	20.638	/ (	(3.196	+	1.167)	/	2 )
=	20.638	/	2.1815
=	9.46

Peoples Educational Holdings's Inventory Turnover for the quarter that ended in May. 2012 is calculated as

	Inventory Turnover (Q: May. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2012 )	/ (	(Total Inventories (Q: Feb. 2012 )	+	Total Inventories (Q: May. 2012 ))	/	count )
=	7.57	/ (	(2.958	+	1.167)	/	2 )
=	7.57	/	2.0625
=	3.67

Peoples Educational Holdings (OTCPK:PEDH) 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.

Peoples Educational Holdings's Days Inventory for the three months ended in May. 2012 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2012 )	/	Cost of Goods Sold (Q: May. 2012 )	*	Days in Period
	=	2.0625	/	7.57	*	365 / 4
	=	24.86

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.

Peoples Educational Holdings's Inventory to Revenue for the quarter that ended in May. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2012 )	/	Revenue (Q: May. 2012 )
	=	2.0625	/	5.393
	=	0.38

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.

Peoples Educational Holdings Inventory Turnover Related Terms

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Peoples Educational Holdings (Peoples Educational Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Peoples Educational Holdings Inc (OTCPK:PEDH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

299 Market Street, Saddle Brook, NJ, USA, 07663

Website

http://www.peopleseducation.com

Peoples Educational Holdings Inc develops and sells proprietary print and digital education products which are predominantly state-specific and standards-based, focused on state-required tests. The company operates through Test Preparation, Assessment, and Instruction Product Group. Test Preparation and Assessment segment create and sell print and digital products targeted to grades 1-12 to help students prepare for state proficiency tests. Instruction segment includes two product lines Focused Instruction and remedial and multicultural-related materials. Geographically, the business activities are carried out through United States.

Executives

Tony Christianson	director, 10 percent owner
Gordon Stofer	10 percent owner

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