American Eagle Outfitters Inc (AEO)
Inventory turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,209,160 | 5,016,660 | 4,668,270 | 4,141,070 | 4,282,480 |
| Inventory | US$ in thousands | 640,662 | 585,083 | 553,458 | 405,445 | 446,278 |
| Inventory turnover | 8.13 | 8.57 | 8.43 | 10.21 | 9.60 |
February 3, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $5,209,160K ÷ $640,662K
= 8.13
American Eagle Outfitters Inc's inventory turnover has shown a slight decrease over the past three years, dropping from 10.21 in 2021 to 8.13 in 2024. This indicates that the company is selling its inventory at a slower pace compared to previous years. However, the current inventory turnover ratio of 8.13 is still considered healthy and efficient, suggesting that the company is effectively managing its inventory levels and efficiently selling its products. Overall, despite the slight decrease, American Eagle Outfitters Inc's inventory turnover remains at a respectable level, showcasing its ability to effectively control its inventory and generate sales.
Peer comparison
Feb 3, 2024