Caleres Inc (CAL)
Working capital turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,722,680 | 2,815,640 | 2,817,290 | 2,968,140 | 2,966,830 |
| Total current assets | US$ in thousands | 836,509 | 788,909 | 788,909 | 831,455 | 831,455 |
| Total current liabilities | US$ in thousands | 757,933 | 742,956 | 742,956 | 911,196 | 911,196 |
| Working capital turnover | 34.65 | 61.27 | 61.31 | — | — |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,722,680K ÷ ($836,509K – $757,933K)
= 34.65
The working capital turnover ratio for Caleres Inc has fluctuated over the years, indicating varying efficiency in managing its working capital. As of January 31, 2024, and February 3, 2024, the company achieved a high turnover of 61.31 and 61.27, respectively, suggesting that it efficiently utilized its working capital to generate sales. However, by January 31, 2025, the ratio decreased significantly to 34.65, signaling a potential decrease in the company's ability to convert working capital into revenue efficiently. Caleres Inc should closely monitor its working capital management to ensure optimal efficiency and sustainable performance.
Peer comparison
Jan 31, 2025