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

Company name
Symbol
Working capital turnover
Kroger Company
KR
Grocery Outlet Holding Corp
GO
29.83
Sprouts Farmers Market LLC
SFM
120.08