Caseys General Stores Inc (CASY)

The inventory turnover ratio for Caseys General Stores Inc has demonstrated notable fluctuations over the analyzed period. As of April 30, 2021, the ratio stood at 22.16, indicating a relatively efficient management of inventory relative to sales. This metric increased substantially in the following year, reaching 25.72 by April 30, 2022, which reflects an improved rate of inventory utilization and possibly increased sales efficiency.

The upward trend continued into April 30, 2023, with the ratio reaching a peak of 31.97, suggesting a significant enhancement in inventory turnover. This peak may be indicative of effective inventory management strategies or a period of increased sales volume, facilitating quicker inventory turnover.

However, by April 30, 2024, a decline was observed, with the ratio decreasing to 26.86. While still higher than initial levels, this reduction suggests a slight slowdown in inventory turnover compared to the previous year, possibly reflecting changes in sales dynamics, inventory management practices, or supply chain factors.

The data for April 30, 2025, shows a turnover ratio of 0.00, which is likely due to the absence of data or a reporting anomaly rather than an actual inventory turnover figure. Such an anomaly warrants further investigation to understand the underlying factors impacting the ratio.

Overall, the trend from 2021 through 2024 indicates a period of increasing inventory turnover, followed by a decrease in the subsequent year. The fluctuations highlight the importance of continued inventory management efficiency and sales performance monitoring to sustain optimal turnover ratios.

Peer comparison

Apr 30, 2025