Academy Sports Outdoors Inc (ASO)
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 | 3,950,889 | 4,413,359 | 4,756,102 | 4,680,983 | 5,004,706 | 4,425,176 | 4,567,926 | 4,569,284 | 4,565,644 | 4,719,974 | 4,895,064 | 4,950,024 | 5,007,014 | 4,950,144 | 4,833,124 | 4,807,976 | 4,717,986 | 5,211,366 | 4,813,146 | 5,243,520 |
| Inventory | US$ in thousands | 1,308,840 | 1,524,980 | 1,366,620 | 1,356,810 | 1,194,160 | 1,194,160 | 1,492,220 | 1,492,220 | 1,309,030 | 1,309,030 | 1,386,460 | 1,386,460 | 1,283,520 | 1,283,520 | 1,495,460 | 1,495,460 | 1,304,560 | 1,304,560 | 1,323,890 | 1,171,810 |
| Inventory turnover | 3.02 | 2.89 | 3.48 | 3.45 | 4.19 | 3.71 | 3.06 | 3.06 | 3.49 | 3.61 | 3.53 | 3.57 | 3.90 | 3.86 | 3.23 | 3.22 | 3.62 | 3.99 | 3.64 | 4.47 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,950,889K ÷ $1,308,840K
= 3.02
The inventory turnover ratio of Academy Sports Outdoors Inc, which measures how efficiently the company manages its inventory, has shown fluctuations over the periods provided. The inventory turnover ratio indicates how many times a company sells and replaces its inventory during a specific period.
From January 31, 2022, to January 31, 2025, the inventory turnover ratios ranged from 2.89 to 4.47. The highest turnover rate was observed on January 31, 2022, at 4.47, indicating that the company efficiently sold and replaced its inventory during that period. On the other hand, the lowest turnover rate was recorded on October 31, 2024, at 2.89, suggesting a slower rate of inventory turnover during that period.
Overall, the inventory turnover ratios fluctuated, indicating variations in how quickly Academy Sports Outdoors Inc was able to sell and replace its inventory over the reported periods. It is essential for the company to monitor and manage its inventory effectively to ensure optimal utilization of resources and maintain a healthy balance between inventory levels and sales.
Peer comparison
Jan 31, 2025
Jan 31, 2025