Kroger Company (KR)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 16.16 | 16.60 | 16.86 | 15.41 | 15.59 | |
| DOH | days | 22.59 | 21.99 | 21.65 | 23.69 | 23.41 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.16
= 22.59
To analyze Kroger Company's days of inventory on hand (DOH), we observe a decreasing trend in recent years. The DOH stood at 23.41 days on January 28, 2023, and slightly increased to 23.69 days by January 31, 2023. However, there was a significant improvement as the DOH decreased to 21.65 days on January 31, 2024, and remained relatively steady at 21.99 days on February 3, 2024. By January 31, 2025, the DOH increased slightly to 22.59 days but still reflects an overall downward trend in inventory management efficiency. This indicates that Kroger has been successful in optimizing its inventory turnover and managing its inventory levels more effectively over the years.
Peer comparison
Jan 31, 2025