Caleres Inc (CAL)
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 | 1,504,735 | 1,810,136 | 1,787,550 | 1,836,641 | 2,183,105 | 1,894,946 | 2,152,756 | 2,091,278 | 2,006,842 | 2,040,728 | 2,064,947 | 2,163,277 | 2,294,463 | 2,284,911 | 2,284,600 | 2,234,340 | 1,871,423 | 2,105,072 | 1,880,764 | 2,179,691 |
| Inventory | US$ in thousands | 565,241 | 585,877 | 661,146 | 530,570 | 540,674 | 540,674 | 556,034 | 556,034 | 660,690 | 660,690 | 559,467 | 559,467 | 580,215 | 580,215 | 649,257 | 649,257 | 770,652 | 770,652 | 643,527 | 596,807 |
| Inventory turnover | 2.66 | 3.09 | 2.70 | 3.46 | 4.04 | 3.50 | 3.87 | 3.76 | 3.04 | 3.09 | 3.69 | 3.87 | 3.95 | 3.94 | 3.52 | 3.44 | 2.43 | 2.73 | 2.92 | 3.65 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,504,735K ÷ $565,241K
= 2.66
Inventory turnover is a crucial financial ratio that reflects how efficiently a company manages its inventory. For Caleres Inc, analyzing the inventory turnover over various reporting periods reveals fluctuations in inventory management efficiency.
From January 31, 2022, to January 31, 2025, Caleres Inc's inventory turnover ranged from a low of 2.43 to a high of 4.04. Generally, a higher inventory turnover is desirable as it signifies that the company is selling its inventory more quickly.
The inventory turnover trend for Caleres Inc shows some variability over different periods, indicating changes in the company's inventory management practices, sales performance, and demand for its products. Notably, there are fluctuations in the ratio, with some periods showing lower turnover rates (e.g., July 31, 2022, at 2.43) and others demonstrating higher turnover rates (e.g., February 3, 2024, at 4.04).
It is essential for Caleres Inc to closely monitor its inventory turnover ratio to ensure optimal management of its inventory levels. A consistent and efficient inventory turnover rate can lead to lower carrying costs, reduced risk of obsolete inventory, and improved cash flow. By analyzing and understanding the factors influencing inventory turnover, Caleres Inc can make informed decisions to enhance its overall operational efficiency and financial performance.
Peer comparison
Jan 31, 2025
Jan 31, 2025