Abercrombie & Fitch Company (ANF)

Inventory turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Cost of revenue (ttm) US$ in thousands 1,773,926 1,702,357 1,819,661 1,792,711 1,820,200 1,631,827 1,443,454 1,398,892 1,354,330 1,534,894 1,715,458 1,748,526 1,781,594 1,616,796 1,424,467 1,428,415 1,553,368 1,670,858 1,660,574 1,626,274
Inventory US$ in thousands 575,005 692,596 539,759 449,267 469,466 469,466 595,067 595,067 493,479 493,479 447,806 447,806 505,621 505,621 741,963 741,963 708,024 708,024 562,510 525,864
Inventory turnover 3.09 2.46 3.37 3.99 3.88 3.48 2.43 2.35 2.74 3.11 3.83 3.90 3.52 3.20 1.92 1.93 2.19 2.36 2.95 3.09

January 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,773,926K ÷ $575,005K
= 3.09

Abercrombie & Fitch Company's inventory turnover ratio provides insight into how efficiently the company is managing its inventory. The inventory turnover ratio is calculated by dividing the cost of goods sold (COGS) by the average inventory for a specific period.

Based on the data provided, Abercrombie & Fitch's inventory turnover has fluctuated over the periods analyzed. The inventory turnover ratio was 3.09 as of January 31, 2022, indicating that the company turned over its inventory approximately 3.09 times during that period. The ratio decreased to 2.19 as of July 31, 2022, suggesting a slowdown in the inventory turnover.

There was a gradual increase in the inventory turnover ratio leading up to January 31, 2023, where it reached 3.52, signaling an improvement in inventory management. The ratio then fluctuated between 2.35 and 3.99 until October 31, 2024, indicating varying levels of efficiency in managing inventory during those periods.

Overall, Abercrombie & Fitch's inventory turnover ratio has shown some volatility but generally remained within a moderate range, with some periods demonstrating better efficiency in inventory turnover compared to others. Further analysis and comparison with industry benchmarks may provide additional insights into the company's inventory management performance.