Kroger Company (KR)
Working capital turnover
| Feb 3, 2024 | Nov 4, 2023 | Aug 12, 2023 | May 20, 2023 | Jan 28, 2023 | Nov 5, 2022 | Aug 13, 2022 | May 21, 2022 | Jan 29, 2022 | Nov 6, 2021 | Aug 14, 2021 | May 22, 2021 | Jan 30, 2021 | Nov 7, 2020 | May 23, 2020 | Feb 1, 2020 | Nov 9, 2019 | Aug 17, 2019 | May 25, 2019 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 149,599,000 | 147,344,000 | 147,560,000 | 148,311,000 | 147,722,000 | 145,928,000 | 143,574,000 | 140,608,000 | 137,318,000 | 135,034,000 | 132,903,000 | 142,733,000 | 130,353,000 | 127,559,000 | 126,003,000 | 121,682,000 | 121,073,000 | 120,766,000 | 120,453,000 | 120,737,000 |
| Total current assets | US$ in thousands | 12,948,000 | 13,439,000 | 12,851,000 | 13,204,000 | 12,670,000 | 13,403,000 | 11,909,000 | 12,276,000 | 12,174,000 | 13,380,000 | 12,332,000 | 12,545,000 | 12,503,000 | 12,946,000 | 12,175,000 | 10,890,000 | 11,025,000 | 10,140,000 | 10,162,000 | 10,803,000 |
| Total current liabilities | US$ in thousands | 16,058,000 | 16,785,000 | 16,537,000 | 17,130,000 | 17,238,000 | 17,738,000 | 16,566,000 | 16,238,000 | 16,323,000 | 16,798,000 | 15,603,000 | 15,210,000 | 15,366,000 | 15,517,000 | 14,671,000 | 14,243,000 | 14,118,000 | 13,350,000 | 13,575,000 | 14,274,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 3, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $149,599,000K ÷ ($12,948,000K – $16,058,000K)
= —
Based on the provided data, it appears that the working capital turnover ratio for Kroger Company is not available or not disclosed for the listed reporting periods. The working capital turnover ratio is a measure of how efficiently a company utilizes its working capital to generate sales. It is calculated by dividing net sales by average working capital.
Without the specific data on working capital turnover, we are unable to assess Kroger's efficiency in managing its working capital in generating sales for the periods mentioned. It is recommended to review the financial statements or reports of Kroger Company to obtain the necessary information to calculate and analyze the working capital turnover ratio for a more in-depth evaluation of the company's operational efficiency.
Peer comparison
Feb 3, 2024