John Wiley & Sons (WLY)
Inventory turnover
| 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 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,688,136 | 1,827,084 | 1,884,393 | 1,887,773 | 1,934,621 | 1,982,639 | 1,902,469 | 1,919,476 | 1,975,079 | 1,862,943 | 1,821,406 | 1,780,144 | 1,661,642 | 1,958,143 | 1,945,572 | 1,925,199 | 1,928,127 | 2,293,774 | 2,077,554 | 1,869,197 |
| Inventory | US$ in thousands | 26,219 | 28,377 | 30,131 | 30,289 | 30,733 | 33,167 | 34,447 | 33,422 | 36,585 | 39,726 | 39,725 | 40,392 | 42,538 | 40,685 | 42,169 | 45,051 | 43,614 | 43,139 | 45,032 | 44,811 |
| Inventory turnover | 64.39 | 64.39 | 62.54 | 62.33 | 62.95 | 59.78 | 55.23 | 57.43 | 53.99 | 46.89 | 45.85 | 44.07 | 39.06 | 48.13 | 46.14 | 42.73 | 44.21 | 53.17 | 46.14 | 41.71 |
April 30, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,688,136K ÷ $26,219K
= 64.39
The inventory turnover ratio of John Wiley & Sons has shown a generally increasing trend over the past five years, indicating efficient management of inventory. The ratio has consistently been above 40, which is a positive sign for the company as it suggests that the company is selling its inventory quickly.
The highest inventory turnover ratio was seen in the most recent quarter, at 64.39, which indicates that the company is selling and replenishing its inventory at a fast pace. This may be due to factors such as effective inventory management, strong demand for the company's products, or efficient distribution channels.
Overall, the increasing trend in inventory turnover over the years suggests that John Wiley & Sons has been effectively managing its inventory levels, optimizing production and sales processes, and maintaining a healthy balance between supply and demand. A high inventory turnover ratio is generally considered favorable as it signifies that the company is efficiently utilizing its resources and generating revenue from its inventory.
Peer comparison
Apr 30, 2024
Apr 30, 2024