Korn Ferry (KFY)
Inventory turnover
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,043,099 | 2,076,490 | 2,132,857 | 1,717,729 | 1,282,673 | 819,549 | 323,782 | 305,953 | 266,927 | 220,605 | 192,520 | 151,677 | 131,136 | 112,936 | 99,603 | 89,570 | 81,929 | 85,876 | 106,804 | 118,755 |
| Inventory | US$ in thousands | — | — | — | — | — | — | — | -774,912 | 49,219 | 0 | 46,388 | 53,363 | 0 | -41,708 | 37,054 | 41,049 | 30,724 | 28,737 | 30,984 | 34,983 |
| Inventory turnover | — | — | — | — | — | — | — | — | 5.42 | — | 4.15 | 2.84 | — | — | 2.69 | 2.18 | 2.67 | 2.99 | 3.45 | 3.39 |
April 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,043,099K ÷ $—K
= —
The inventory turnover ratios for Korn Ferry from July 31, 2020, through October 31, 2021, depict a downward trend, indicating a declining efficiency in inventory management during that period. Specifically, the ratio decreased from 3.39 in July 2020 to 2.18 in July 2021, reflecting that inventory was selling less frequently over these months. An initial slight increase to 3.45 at October 31, 2020, was followed by a notable decline by July 31, 2021.
Subsequent data points show fluctuations, with a recovery to 2.69 at October 31, 2021, suggesting some improvement in inventory turnover. However, data for the period ending January 31, 2022, and April 30, 2022, are unavailable, limiting the ability to assess interim performance.
A marked increase is observed at October 31, 2022, with the ratio rising to 4.15, and further to 5.42 at April 30, 2023. This indicates a significant improvement in inventory turnover, suggesting that inventory was being sold and replenished more rapidly during this later period.
Overall, the trend from the earlier years to 2023 shows a substantial rise in inventory turnover ratios, pointing to more efficient inventory management practices during this time. The absence of data beyond April 2023 precludes analysis of subsequent periods, but the upward trajectory toward 2023 denotes improved operational efficiency in inventory handling.
Peer comparison
Apr 30, 2025
Apr 30, 2025