Foot Locker Inc (FL)
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 | 5,717,000 | 6,496,000 | 6,915,000 | 6,985,000 | 7,541,000 | 6,539,000 | 6,605,000 | 6,511,000 | 6,418,000 | 6,693,000 | 4,883,000 | 5,011,000 | 5,159,000 | 4,989,000 | 6,853,000 | 6,811,000 | 6,382,000 | 4,946,000 | 4,458,000 | 4,986,000 |
| Inventory | US$ in thousands | 1,525,000 | 1,744,000 | 1,648,000 | 1,659,000 | 1,509,000 | 1,509,000 | 1,862,000 | 1,862,000 | 1,831,000 | 1,831,000 | 1,758,000 | 1,758,000 | 1,643,000 | 1,643,000 | 1,685,000 | 1,685,000 | 1,644,000 | 1,644,000 | 1,401,000 | 1,266,000 |
| Inventory turnover | 3.75 | 3.72 | 4.20 | 4.21 | 5.00 | 4.33 | 3.55 | 3.50 | 3.51 | 3.66 | 2.78 | 2.85 | 3.14 | 3.04 | 4.07 | 4.04 | 3.88 | 3.01 | 3.18 | 3.94 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,717,000K ÷ $1,525,000K
= 3.75
The inventory turnover ratio of Foot Locker Inc has fluctuated over the given period. The ratio indicates how efficiently the company is managing its inventory. A higher turnover ratio generally suggests that the company is selling its inventory quickly and efficiently.
Analyzing the data provided, we can see that the inventory turnover ratio ranged from a low of 2.78 on April 30, 2023, to a high of 5.00 on February 3, 2024. However, it's worth noting that a single outlier can skew the ratio, so it's important to consider the broader trend.
Over the entire period, the inventory turnover ratio averaged around 3.70, indicating that Foot Locker Inc generally turns over its inventory approximately 3.7 times in a given year.
It's important to monitor changes in the inventory turnover ratio over time to assess the company's performance in managing inventory levels efficiently. Further analysis and comparison with industry benchmarks and historical trends can provide additional insights into Foot Locker Inc's inventory management practices.
Peer comparison
Jan 31, 2025
Jan 31, 2025