Bath & Body Works Inc. (BBWI)
Inventory turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,073,000 | 6,152,000 | 4,193,000 | 4,305,000 | 6,184,000 |
| Inventory | US$ in thousands | 734,000 | 710,000 | 710,000 | 709,000 | 709,000 |
| Inventory turnover | 5.55 | 8.66 | 5.91 | 6.07 | 8.72 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $4,073,000K ÷ $734,000K
= 5.55
Bath & Body Works Inc.'s inventory turnover has fluctuated over the years according to the provided data. The inventory turnover ratios for the periods mentioned are as follows:
- As of January 28, 2023: 8.72
- As of January 31, 2023: 6.07
- As of January 31, 2024: 5.91
- As of February 3, 2024: 8.66
- As of January 31, 2025: 5.55
A higher inventory turnover ratio typically indicates that the company is selling its inventory more quickly, which is generally favorable as it reduces the risk of inventory obsolescence and carrying costs. In contrast, a lower inventory turnover ratio may suggest that the company is struggling to sell its inventory efficiently.
Based on the data provided, Bath & Body Works Inc. experienced a peak in inventory turnover on February 3, 2024, which may indicate an efficient management of inventory during that period. However, there were fluctuations observed in the inventory turnover ratios over the years, with a steady decrease noted from 2023 to 2025. This trend suggests a potential challenge in managing inventory levels or a slowdown in sales during these periods. Further analysis and comparison with industry benchmarks would be beneficial to assess Bath & Body Works Inc.'s performance in managing its inventory effectively.
Peer comparison
Jan 31, 2025