Kohl's Corporation (KSS)
Inventory turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 11,928,100 | 12,221,000 | 14,131,000 | 14,164,000 | 15,950,000 | 12,535,000 | 12,220,000 | 11,918,000 | 11,494,000 | 13,696,000 | 16,307,000 | 16,801,000 | 17,405,000 | 15,499,000 | 12,977,000 | 12,576,000 | 12,654,000 | 16,165,000 | 14,967,000 | 17,040,000 |
| Inventory | US$ in thousands | 2,945,000 | 4,099,000 | 3,151,000 | 3,083,000 | 2,880,000 | 2,880,000 | 4,239,000 | 4,239,000 | 3,474,000 | 3,474,000 | 3,526,000 | 3,526,000 | 3,189,000 | 3,189,000 | 4,874,000 | 4,874,000 | 4,034,000 | 4,034,000 | 3,736,000 | 3,067,000 |
| Inventory turnover | 4.05 | 2.98 | 4.48 | 4.59 | 5.54 | 4.35 | 2.88 | 2.81 | 3.31 | 3.94 | 4.62 | 4.76 | 5.46 | 4.86 | 2.66 | 2.58 | 3.14 | 4.01 | 4.01 | 5.56 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $11,928,100K ÷ $2,945,000K
= 4.05
Kohl's Corporation's inventory turnover ratio has exhibited fluctuating trends over the reported periods, reflecting the efficiency of the company in managing its inventory.
As of January 31, 2022, the inventory turnover ratio stood at 5.56, indicating that Kohl's was able to sell and replace its inventory 5.56 times throughout the year. This high turnover rate suggests effective inventory management and timely sales.
Subsequently, the inventory turnover ratio decreased to 4.01 by April 30, 2022, and remained consistent at this level through July 30, 2022. However, there was a notable decline in efficiency as of July 31, 2022, with the ratio dropping to 3.14, indicating a decrease in inventory turnover.
By October 29, 2022, and October 31, 2022, the inventory turnover ratio further declined to 2.58 and 2.66, respectively, signaling a potential issue with managing inventory levels efficiently during these periods.
The ratio saw an improvement by January 28, 2023, and January 31, 2023, increasing to 4.86 and 5.46, respectively, suggesting a positive change in inventory management practices.
Throughout the subsequent periods up to October 31, 2024, the inventory turnover ratio fluctuated between 2.81 and 5.54, indicating varying levels of efficiency in managing inventory turnover.
Overall, analyzing the inventory turnover ratio provides insights into Kohl's ability to convert inventory into sales and assesses the effectiveness of its inventory management strategies over time.
Peer comparison
Jan 31, 2025
Jan 31, 2025