Korn Ferry (KFY)
Inventory turnover
| 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 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 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 | 130,484 |
| 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 | 26,851 |
| Inventory turnover | — | — | — | — | — | — | — | 5.42 | — | 4.15 | 2.84 | — | — | 2.69 | 2.18 | 2.67 | 2.99 | 3.45 | 3.39 | 4.86 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,076,490K ÷ $—K
= —
The inventory turnover ratio for Korn Ferry exhibited notable fluctuations over the period analyzed. At the end of April 2020, the ratio stood at 4.86, indicating a relatively high rate of inventory utilization. Subsequently, there was a decline reaching a low of 2.18 by July 2021, reflecting a decrease in how frequently inventory was sold and replaced during that period. The ratio observed a modest recovery afterwards, climbing to 2.69 in October 2021 and then falling again to 2.84 in July 2022. The most significant increase occurred between April 2023 and October 2022, with the ratio rising sharply from 5.42 to 4.15, suggesting an improvement in inventory management and faster inventory turnover. Data beyond October 2022 is unavailable, so further analysis of trends in the subsequent periods is limited. Overall, the data indicates periods of both decline and recovery in inventory efficiency, with an overall pattern suggesting efforts to optimize inventory management at various points during the timeframe.
Peer comparison
Jan 31, 2025
Jan 31, 2025