Capri Holdings Ltd (CPRI)
Inventory turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,258,000 | 1,768,000 | 1,818,000 | 1,892,000 | 1,885,000 | 1,852,000 | 1,860,000 | 1,862,000 | 1,904,000 | 1,963,000 | 2,017,000 | 1,972,000 | 1,910,000 | 1,834,000 | 1,727,000 | 1,711,000 | 1,463,000 | 1,564,000 | 1,749,000 | 1,917,000 |
| Inventory | US$ in thousands | — | 892,000 | 984,000 | 902,000 | 862,000 | 1,020,000 | 1,099,000 | 1,166,000 | 1,057,000 | 1,188,000 | 1,180,000 | 1,265,000 | 1,096,000 | 978,000 | 866,000 | 760,000 | 736,000 | 789,000 | 930,000 | 948,000 |
| Inventory turnover | — | 1.98 | 1.85 | 2.10 | 2.19 | 1.82 | 1.69 | 1.60 | 1.80 | 1.65 | 1.71 | 1.56 | 1.74 | 1.88 | 1.99 | 2.25 | 1.99 | 1.98 | 1.88 | 2.02 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,258,000K ÷ $—K
= —
Inventory turnover is a crucial financial ratio that indicates how efficiently a company is managing its inventory. It measures the number of times a company sells and replaces its inventory during a specific period. In the case of Capri Holdings Ltd, the inventory turnover ratio has fluctuated over the past few years.
From June 30, 2020, to March 31, 2022, the inventory turnover ratio remained relatively stable, ranging from 1.56 to 2.25. However, there was a gradual decline in the ratio from June 30, 2022, to March 31, 2025, with readings fluctuating between 1.56 and 2.19.
A higher inventory turnover ratio indicates that the company is selling its inventory more quickly, which could signify efficient inventory management or strong sales performance. On the other hand, a lower ratio may suggest excess inventory or slow sales, which could lead to potential obsolescence and storage costs.
It is important for Capri Holdings Ltd to strike a balance in maintaining optimal inventory levels to meet customer demand while avoiding overstocking. Monitoring inventory turnover trends can provide insights into the company's operational efficiency and overall financial health.
Peer comparison
Mar 31, 2025
Mar 31, 2025