John Wiley & Sons (WLY)
Days of inventory on hand (DOH)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 19.42 | 18.57 | 19.29 | 22.11 | 23.13 | 22.70 | 21.93 | 22.31 | 22.53 | 21.27 | 20.44 | 21.21 | 19.15 | 17.16 | 16.78 | 16.01 | 14.70 | 14.94 | 14.33 | 13.16 | |
| DOH | days | 18.79 | 19.65 | 18.92 | 16.51 | 15.78 | 16.08 | 16.64 | 16.36 | 16.20 | 17.16 | 17.85 | 17.21 | 19.06 | 21.27 | 21.76 | 22.81 | 24.83 | 24.43 | 25.48 | 27.74 |
April 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 19.42
= 18.79
The analysis of John Wiley & Sons’ days of inventory on hand (DOH) over the period from July 2020 to April 2025 indicates a generally declining trend with some fluctuations. At the start of the period, DOH was approximately 27.74 days as of July 31, 2020. This figure decreased steadily over the subsequent quarters, reaching a low of around 15.78 days by April 30, 2024. The trend suggests an improvement in inventory management efficiency, with inventory being held for fewer days before sale or usage.
Between April 2024 and October 2024, the DOH experienced an increase from 15.78 days to 18.92 days, signifying a temporary lengthening of inventory holding periods. This upward movement continued into early 2025, with DOH reaching 19.65 days as of January 31, 2025, and then slightly decreasing to 18.79 days by April 30, 2025.
Overall, the decreasing trend in DOH from over 27 days to around 16 days underscores an enhancement in inventory turnover rates, which may reflect improved inventory efficiency, better demand forecasting, or changes in sales strategies. The subsequent increase observed in late 2024 and early 2025 warrants further analysis to understand potential shifts in inventory policies or external factors affecting inventory levels.
Peer comparison
Apr 30, 2025