Burlington Stores Inc (BURL)
Inventory turnover
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 9,587,720 | 9,475,020 | 9,285,620 | 9,059,960 | 8,884,000 | 8,573,220 | 8,384,480 | 8,239,710 | 8,071,670 | 7,972,500 | 8,145,780 | 8,227,550 | 8,315,530 | 7,316,400 | 6,124,774 | 4,690,690 | 3,567,461 | 3,535,361 | 3,646,557 | 4,072,641 |
| Inventory | US$ in thousands | 1,250,780 | 1,440,700 | 1,222,710 | 1,140,800 | 1,087,840 | 1,329,130 | 1,161,520 | 1,231,090 | 1,181,980 | 1,445,090 | 1,266,700 | 1,257,100 | 1,021,010 | 1,059,750 | 828,152 | 767,575 | 740,788 | 866,986 | 607,554 | 625,908 |
| Inventory turnover | 7.67 | 6.58 | 7.59 | 7.94 | 8.17 | 6.45 | 7.22 | 6.69 | 6.83 | 5.52 | 6.43 | 6.54 | 8.14 | 6.90 | 7.40 | 6.11 | 4.82 | 4.08 | 6.00 | 6.51 |
February 1, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $9,587,720K ÷ $1,250,780K
= 7.67
The inventory turnover of Burlington Stores Inc has shown fluctuations over the period under consideration. The inventory turnover ratio indicates how many times a company sells and replaces its inventory during a specific period. A higher ratio suggests efficient inventory management.
From May 2, 2020, to February 1, 2025, the inventory turnover varied between 4.08 and 8.17. The highest inventory turnover was recorded on February 1, 2025, at 8.17. This indicates that the company sold and replaced its inventory over 8 times during that period.
Overall, Burlington Stores Inc has maintained relatively healthy inventory turnover ratios throughout the specified period, staying above 4, which generally indicates effective inventory management. However, there were fluctuations in the ratios, indicating potential changes in the company's inventory management practices or demand for its products. Further analysis of the company's operational and market performance may provide additional insights into the reasons behind these fluctuations.
Peer comparison
Feb 1, 2025
Feb 1, 2025