Caleres Inc (CAL)
Working capital turnover
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,816,517 | 2,816,158 | 2,852,512 | 2,895,309 | 2,967,062 | 2,950,092 | 2,935,760 | 2,872,990 | 2,776,602 | 2,666,277 | 2,529,860 | 2,355,776 | 2,115,012 | 2,243,877 | 2,388,743 | 2,639,752 | 2,920,416 | 2,249,503 | 1,473,096 | 748,492 |
| Total current assets | US$ in thousands | 788,909 | 822,873 | 914,823 | 820,880 | 831,455 | 921,084 | 1,018,790 | 933,641 | 836,476 | 862,698 | 807,363 | 757,118 | 782,556 | 872,155 | 930,049 | 1,009,790 | 882,299 | 901,646 | 1,053,790 | 887,312 |
| Total current liabilities | US$ in thousands | 742,956 | 827,921 | 956,371 | 879,277 | 911,196 | 1,038,910 | 1,139,800 | 1,069,890 | 1,025,610 | 1,070,060 | 978,669 | 865,937 | 905,509 | 959,908 | 1,017,900 | 1,077,540 | 850,950 | 894,230 | 1,082,130 | 911,300 |
| Working capital turnover | 61.29 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 93.16 | 303.33 | — | — |
February 3, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,816,517K ÷ ($788,909K – $742,956K)
= 61.29
The working capital turnover ratio for Caleres Inc fluctuated significantly over the periods indicated in the table. The highest working capital turnover ratio was observed on Feb 1, 2020, at 303.33, indicating that Caleres Inc generated $303.33 in net sales revenue for every dollar of working capital during that period.
However, it is noted that data is missing for multiple periods, as shown by the dashes in the table. This lack of data makes it challenging to provide a comprehensive trend analysis of the working capital turnover ratio for Caleres Inc over a continuous period.
In general, a higher working capital turnover ratio is indicative of more efficient management of working capital, where the company is generating higher sales using less working capital. Conversely, a lower ratio may suggest inefficiencies or an inability to generate substantial sales with available working capital.
For a more thorough analysis and trend identification, it would be beneficial to have consistent data available for all periods to assess the company's working capital efficiency more accurately.
Peer comparison
Feb 3, 2024