Nordstrom Inc (JWN)
Working capital turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,016,000 | 14,693,000 | 14,693,000 | 15,530,000 | 15,530,000 |
| Total current assets | US$ in thousands | 3,689,000 | 3,136,000 | 3,136,000 | 3,209,000 | 3,209,000 |
| Total current liabilities | US$ in thousands | 3,088,000 | 3,072,000 | 3,072,000 | 2,990,000 | 2,990,000 |
| Working capital turnover | 24.99 | 229.58 | 229.58 | 70.91 | 70.91 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $15,016,000K ÷ ($3,689,000K – $3,088,000K)
= 24.99
The working capital turnover ratio for Nordstrom Inc has exhibited varying trends over the years based on the provided data.
- In January 2023 and January 2024, Nordstrom had a consistent working capital turnover ratio of 70.91 and 229.58 respectively. This indicates that the company was able to generate sales revenue efficiently in relation to its working capital during these periods.
- However, in January 2025, there was a significant decline in the working capital turnover ratio to 24.99. This could suggest that Nordstrom faced challenges in utilizing its working capital effectively to generate sales revenue compared to the previous periods.
Overall, fluctuations in the working capital turnover ratio can provide insights into Nordstrom's operational efficiency and management of its working capital resources. It is important for the company to analyze the factors contributing to these changes to maintain a healthy level of working capital turnover and optimize its financial performance.
Peer comparison
Jan 31, 2025