Kroger Company (KR)
Working capital turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Nov 4, 2023 | Oct 31, 2023 | Aug 12, 2023 | Jul 31, 2023 | May 20, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Nov 5, 2022 | Oct 31, 2022 | Aug 13, 2022 | Jul 31, 2022 | May 21, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 147,123,000 | 149,779,000 | 153,209,000 | 153,160,000 | 141,848,000 | 138,644,000 | 135,433,000 | 146,582,000 | 157,790,000 | 158,852,000 | 159,708,000 | 148,775,000 | 137,808,000 | 137,497,000 | 137,426,000 | 147,770,000 | 158,172,000 | 156,709,000 | 154,986,000 | 142,288,000 |
| Total current assets | US$ in thousands | 15,273,000 | 25,025,000 | 14,063,000 | 14,163,000 | 12,948,000 | 12,948,000 | 13,439,000 | 13,439,000 | 12,851,000 | 12,851,000 | 13,204,000 | 13,204,000 | 12,670,000 | 12,670,000 | 13,403,000 | 13,403,000 | 11,909,000 | 11,909,000 | 12,276,000 | 12,276,000 |
| Total current liabilities | US$ in thousands | 15,859,000 | 16,274,000 | 16,132,000 | 16,378,000 | 16,058,000 | 16,058,000 | 16,785,000 | 16,785,000 | 16,537,000 | 16,537,000 | 17,130,000 | 17,130,000 | 17,238,000 | 17,238,000 | 17,738,000 | 17,738,000 | 16,566,000 | 16,566,000 | 16,238,000 | 16,238,000 |
| Working capital turnover | — | 17.12 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $147,123,000K ÷ ($15,273,000K – $15,859,000K)
= —
Based on the provided data, Kroger Company's working capital turnover ratio for October 31, 2024, was 17.12.
The working capital turnover ratio is calculated by dividing net sales by average working capital. A higher ratio indicates that the company is generating higher sales relative to its working capital.
A working capital turnover ratio of 17.12 for October 31, 2024, suggests that Kroger Company was able to generate $17.12 in sales for every dollar of working capital invested during that period.
This high ratio indicates that Kroger efficiently managed its working capital to support its sales activities. It implies that the company efficiently utilized its current assets and liabilities to generate revenue.
However, without data for other periods, it's challenging to assess the trend of the working capital turnover ratio over time. Further analysis over multiple periods would provide a better understanding of Kroger's working capital management efficiency.
Peer comparison
Jan 31, 2025