Kohls Corp (KSS)
Inventory turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 16,759,000 | 17,445,000 | 17,625,000 | 17,714,000 | 17,874,000 | 17,580,000 | 17,716,000 | 17,772,000 | 17,753,000 | 17,307,000 | 17,030,000 | 16,352,000 | 15,591,000 | 16,130,000 | 16,388,000 | 17,466,000 | 17,028,000 | 16,925,000 | 15,483,000 | 15,083,000 |
| Inventory | US$ in thousands | 2,880,000 | 4,239,000 | 3,474,000 | 3,526,000 | 3,189,000 | 4,874,000 | 4,034,000 | 3,736,000 | 3,067,000 | 3,642,000 | 2,733,000 | 2,667,000 | 2,590,000 | 3,607,000 | 2,698,000 | 3,557,000 | 3,537,000 | 4,887,000 | 3,656,000 | 3,680,000 |
| Inventory turnover | 5.82 | 4.12 | 5.07 | 5.02 | 5.60 | 3.61 | 4.39 | 4.76 | 5.79 | 4.75 | 6.23 | 6.13 | 6.02 | 4.47 | 6.07 | 4.91 | 4.81 | 3.46 | 4.23 | 4.10 |
February 3, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $16,759,000K ÷ $2,880,000K
= 5.82
The inventory turnover ratio for Kohls Corp has shown fluctuations over the past several quarters. The ratio measures how efficiently the company manages its inventory by indicating how many times the inventory is sold and replaced during a specific period.
From the data provided, we can observe that the inventory turnover ratio ranged from a low of 3.46 to a high of 6.23 over the past two years, indicating some variability in the company's inventory management efficiency during this period.
On average, Kohls Corp's inventory turnover ratio appears to be around 5 times per year, suggesting that the company is turning over its inventory relatively quickly compared to industry averages.
It is important to note that a higher inventory turnover ratio generally indicates better inventory management and faster sales cycles, while a lower ratio may imply potential issues such as overstocking or slow-moving inventory.
Overall, while there have been fluctuations, Kohls Corp's inventory turnover ratio indicates a reasonably efficient management of its inventory in the analyzed period.
Peer comparison
Feb 3, 2024
Feb 3, 2024