Caleres Inc (CAL)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,722,682 | 2,780,047 | 2,736,229 | 2,814,816 | 2,917,522 | 2,916,464 | 2,914,874 | 2,815,704 | 2,716,289 | 2,717,190 | 2,717,889 | 2,853,413 | 2,989,182 | 3,031,078 | 3,073,176 | 3,010,034 | 2,891,056 | 2,831,988 | 2,877,814 | 2,926,624 |
| Total current assets | US$ in thousands | 836,509 | 870,307 | 939,700 | 805,336 | 788,909 | 788,909 | 822,873 | 822,873 | 914,823 | 914,823 | 820,880 | 820,880 | 831,455 | 831,455 | 921,084 | 921,084 | 1,018,790 | 1,018,790 | 933,641 | 836,476 |
| Total current liabilities | US$ in thousands | 757,933 | 806,430 | 860,423 | 764,365 | 742,956 | 742,956 | 827,921 | 827,921 | 956,371 | 956,371 | 879,277 | 879,277 | 911,196 | 911,196 | 1,038,910 | 1,038,910 | 1,139,800 | 1,139,800 | 1,069,890 | 1,025,610 |
| Working capital turnover | 34.65 | 43.52 | 34.51 | 68.70 | 63.49 | 63.47 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,722,682K ÷ ($836,509K – $757,933K)
= 34.65
The working capital turnover ratio for Caleres Inc has shown fluctuations over the reported periods. As of January 31, 2024, the ratio was 63.47, indicating that the company generated $63.47 in net sales revenue for every dollar of working capital invested during that period. This ratio increased slightly to 63.49 by February 3, 2024, and further improved to 68.70 by April 30, 2024.
The ratio then experienced a decline, dropping to 34.51 by July 31, 2024, before recovering to 43.52 by October 31, 2024. The most recent reported figure as of January 31, 2025, stands at 34.65.
Overall, the working capital turnover ratio reflects the efficiency of Caleres Inc in utilizing its working capital to generate sales revenue. The fluctuations in this ratio over time may indicate changes in the company's management of working capital and its ability to efficiently convert working capital into sales.
Peer comparison
Jan 31, 2025