John Wiley & Sons (WLY)
Inventory turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 483,202 | 579,722 | 692,541 | 700,658 | 625,335 |
| Inventory | US$ in thousands | 22,875 | 26,219 | 30,733 | 36,585 | 42,538 |
| Inventory turnover | 21.12 | 22.11 | 22.53 | 19.15 | 14.70 |
April 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $483,202K ÷ $22,875K
= 21.12
The inventory turnover ratio for John Wiley & Sons demonstrates a discernible upward trend over the analyzed period from April 30, 2021, to April 30, 2024. Specifically, the ratio increased from 14.70 in 2021 to 19.15 in 2022, indicating an improvement in the company's ability to efficiently manage and sell its inventory. The upward movement continued in 2023, reaching a ratio of 22.53, which suggests further enhancements in inventory management or sales performance.
Between April 30, 2023, and April 30, 2024, the inventory turnover experienced a slight decline from 22.53 to 22.11. Despite this marginal decrease, the ratio remains significantly higher than the values recorded in previous years, highlighting sustained operational efficiency.
The data for April 30, 2025, is unavailable, thereby preventing analysis for that year. Overall, the consistent increase from 14.70 to 22.53 over the three-year span points to a positive trajectory in inventory management efficiency, with the company successfully converting its inventory into sales more rapidly over time.
Peer comparison
Apr 30, 2025