Cal-Maine Foods Inc (CALM)
Inventory turnover
May 31, 2025 | Jun 1, 2024 | May 31, 2024 | Jun 3, 2023 | May 31, 2023 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 2,411,000 | 2,016,140 | 1,784,870 | 2,184,200 | 1,949,760 |
Inventory | US$ in thousands | 295,670 | 261,782 | 261,782 | 284,418 | 284,418 |
Inventory turnover | 8.15 | 7.70 | 6.82 | 7.68 | 6.86 |
May 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,411,000K ÷ $295,670K
= 8.15
The inventory turnover ratio for Cal-Maine Foods Inc. demonstrates a progressive upward trend over the specified periods, indicating enhanced efficiency in managing inventory. As of May 31, 2023, the ratio stood at 6.86, suggesting that on average, inventory was sold and replaced approximately 6.86 times during that fiscal period. By June 3, 2023, the ratio increased to 7.68, reflecting a notable improvement in inventory management within a短 timeframe. Looking ahead, the data for the subsequent year shows a slight decline by May 31, 2024, with the ratio marginally decreasing to 6.82, which may signify a brief pause or slight decrease in inventory turnover efficiency. However, the ratio improves again shortly thereafter, reaching 7.70 on June 1, 2024. The most recent data from May 31, 2025, indicates further enhancement in inventory turnover, with the ratio climbing to 8.15. Overall, the trend underscores a consistent effort to optimize inventory management, leading to an increased frequency of inventory turnover, which generally correlates with improved operational efficiency and potentially higher sales volume relative to inventory holdings.