Kohl's Corporation (KSS)

Short-term

Turnover ratios

Inventory Turnover: Kohl's Corporation's inventory turnover has fluctuated over the years, indicating the number of times the company sells and replaces its inventory within a specific period. The trend shows an improvement from 3.59 in January 31, 2023, to 5.50 in January 31, 2025, with a peak of 5.82 on February 3, 2024. This suggests that Kohl's has been managing its inventory efficiently in recent years, selling its products at a faster rate.

Receivables Turnover: The receivables turnover ratio reflects how effectively Kohl's collects payments from its customers. There is missing data for January 31, 2023, January 31, 2024, and January 31, 2025. However, the available data shows an increase in receivables turnover from 84.73 in January 28, 2023, to 102.59 on February 3, 2024, implying the company has been more efficient in collecting outstanding receivables.

Payables Turnover: Payables turnover ratio signifies how quickly Kohl's pays its suppliers for goods or services. Similar to receivables turnover, data is missing for January 31, 2023, January 31, 2024, and January 31, 2025. The available data shows an increase in payables turnover from 13.44 in January 28, 2023, to 14.78 on February 3, 2024. This suggests that Kohl's has been managing its payables effectively, paying its suppliers in a timely manner.

Working Capital Turnover: This ratio evaluates how efficiently Kohl's is using its working capital to generate sales revenue. The working capital turnover has varied over the years, from 21.47 on February 3, 2024, to 63.12 on January 31, 2025. A higher ratio indicates that the company is using its working capital more effectively to drive revenue. The significant increase in 2025 could reflect improved operational efficiency or increased revenue generation.

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Average number of days

Activity ratios such as Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables provide insights into how efficiently a company manages its assets and liabilities related to its operations.

1. Days of Inventory on Hand (DOH):
- Kohl's Corporation's DOH has fluctuated over the years, ranging from 62.72 days to 101.60 days.
- In January 2023, the DOH was 65.12 days, indicating that on average, inventory turnover occurred approximately every 65 days.
- The trend shows an increase in inventory days in January 2023, a decrease in January 2024, and a slight increase in January 2025. A lower DOH is generally preferable as it signifies efficient inventory management.

2. Days of Sales Outstanding (DSO):
- DSO represents the average number of days it takes for a company to collect revenue after a sale.
- Kohl's DSO data is incomplete, with only values available for 2023 and 2024.
- In January 2023, the DSO was 4.31 days, suggesting efficient cash conversion from sales. However, exact figures for subsequent years are missing.

3. Number of Days of Payables:
- This ratio assesses how long a company takes to pay its suppliers.
- The Number of Days of Payables data for Kohl's is available only for January 2023 and February 2024.
- In January 2023, the company took around 27.16 days to pay its obligations, indicating a relatively short payables period. The data for subsequent years is not provided for comparison.

Overall, based on the available data, Kohl's appears to manage its inventory efficiently, collects revenue quickly, and pays its obligations in a timely manner. However, a complete analysis would require data for all relevant years to understand the trend and performance consistency.

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Long-term

The fixed asset turnover ratio measures a company's ability to generate sales revenue relative to its investment in fixed assets. Looking at Kohl's Corporation's fixed asset turnover ratios over the past few years, there seems to be some fluctuation. In January 2023, the ratio stood at 1.77, indicating that for every dollar invested in fixed assets, the company generated $1.77 in sales. This ratio improved to 2.25 by January 28, 2023, reflecting more efficient utilization of its fixed assets. However, there is a lack of data for the fiscal year ending January 31, 2024, and January 31, 2025. By February 3, 2024, the fixed asset turnover ratio rebounded to 2.22, suggesting a return to higher efficiency in generating sales from fixed assets.

On the other hand, the total asset turnover ratio measures how efficiently a company utilizes all of its assets to generate sales. In this case, Kohl's Corporation's total asset turnover has been relatively stable over the years, ranging from 1.20 to 1.26. A total asset turnover ratio of 1.26 in January 31, 2023, suggests that the company generated $1.26 in sales for every dollar of assets on its balance sheet, and this ratio experienced a slight decline to 1.20 by January 31, 2025.

Overall, these ratios provide insight into Kohl's Corporation's efficiency in utilizing both fixed and total assets to generate sales revenue. The fluctuations in these ratios over the years may indicate changes in the company's operational efficiency and asset utilization. Further analysis and comparison with industry benchmarks would be needed to fully assess Kohl's performance in this aspect.