Korn Ferry (KFY)
Inventory turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,043,100 | 2,177,010 | 266,927 | 131,136 | 81,929 |
| Inventory | US$ in thousands | — | — | 49,219 | 41,763 | 30,724 |
| Inventory turnover | — | — | 5.42 | 3.14 | 2.67 |
April 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,043,100K ÷ $—K
= —
The inventory turnover ratio for Korn Ferry demonstrates a notable upward trend over the period from April 30, 2021, to April 30, 2023. Specifically, the ratio increased from 2.67 times in 2021 to 3.14 times in 2022, reflecting an improvement in the efficiency with which the company manages and sells its inventory. The most significant change occurred between 2022 and 2023, where the ratio rose sharply to 5.42 times, indicating a substantial enhancement in inventory management and a more rapid turnover of inventory within that year. This sharp increase suggests that Korn Ferry has become more effective in converting its inventory into sales, potentially leading to better cash flow and reduced holding costs. Data beyond April 2023 is not available, and therefore, any continuation of this trend cannot be assessed at this time.
Peer comparison
Apr 30, 2025