Dick’s Sporting Goods Inc (DKS)
Inventory 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 8,617,160 | 9,713,670 | 10,291,920 | 10,074,920 | 10,921,290 | 9,406,560 | 9,776,450 | 9,609,070 | 9,438,520 | 9,755,020 | 10,243,950 | 10,376,830 | 10,411,320 | 9,971,690 | 9,223,120 | 8,992,170 | 8,451,330 | 9,340,880 | 8,379,710 | 8,992,000 |
| Inventory | US$ in thousands | 3,349,830 | 3,725,910 | 3,178,020 | 3,201,150 | 2,848,800 | 2,848,800 | 3,282,910 | 3,282,910 | 2,851,370 | 2,851,370 | 3,034,200 | 3,034,200 | 2,830,920 | 2,830,920 | 3,361,060 | 3,361,060 | 2,995,960 | 2,995,960 | 2,824,830 | 2,297,610 |
| Inventory turnover | 2.57 | 2.61 | 3.24 | 3.15 | 3.83 | 3.30 | 2.98 | 2.93 | 3.31 | 3.42 | 3.38 | 3.42 | 3.68 | 3.52 | 2.74 | 2.68 | 2.82 | 3.12 | 2.97 | 3.91 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $8,617,160K ÷ $3,349,830K
= 2.57
Based on the inventory turnover data provided for Dick’s Sporting Goods Inc, we observe fluctuations in the efficiency of their inventory management over the specified period. The inventory turnover ratio measures how many times a company sells and replaces its inventory during a certain period.
From January 31, 2022, to October 31, 2024, the inventory turnover ratio ranged from a low of 2.61 to a high of 3.91. A higher inventory turnover ratio indicates that the company is selling its inventory more quickly, which can be a positive sign of efficient operations. Conversely, a lower ratio suggests slower inventory turnover and potentially inefficiencies in managing inventory levels.
Overall, Dick’s Sporting Goods Inc's inventory turnover ratio experienced fluctuations, but generally remained within a moderate range during the period analyzed. It is important for the company to closely monitor and manage its inventory turnover to ensure optimal inventory control, efficient operations, and effective cash flow management.
Peer comparison
Jan 31, 2025
Jan 31, 2025