Burlington Stores Inc (BURL)
Inventory turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,587,730 | 8,882,250 | 8,071,680 | 8,315,480 | 3,567,460 |
| Inventory | US$ in thousands | 1,250,780 | 1,087,840 | 1,181,980 | 1,021,010 | 740,788 |
| Inventory turnover | 7.67 | 8.17 | 6.83 | 8.14 | 4.82 |
February 1, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $9,587,730K ÷ $1,250,780K
= 7.67
Based on the provided data, the inventory turnover ratio for Burlington Stores Inc has shown variability over the years. The inventory turnover ratio measures how efficiently the company manages its inventory by indicating how many times the inventory is sold and replaced during a specific period.
In January 2021, the inventory turnover was 4.82, indicating that the company sold and replaced its inventory approximately 4.82 times during that period. Subsequently, in January 2022, the inventory turnover improved significantly to 8.14, suggesting that the company managed its inventory more efficiently by selling and replacing it more frequently.
However, by January 2023, the inventory turnover ratio decreased slightly to 6.83, implying a slower rate of inventory turnover compared to the previous year. In February 2024, the ratio improved again to 8.17, indicating a better efficiency in managing inventory.
The most recent data point in February 2025 shows an inventory turnover ratio of 7.67, which is slightly lower compared to the previous year. Overall, the trend in inventory turnover suggests that Burlington Stores Inc has been effectively managing its inventory, with some fluctuations in efficiency over the years.
Peer comparison
Feb 1, 2025