Kohl's Corporation (KSS)

Working capital turnover

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Revenue US$ in thousands 16,221,000 17,132,000 17,476,000 18,098,000 17,794,000
Total current assets US$ in thousands 3,388,000 3,410,000 3,410,000 3,736,000 3,736,000
Total current liabilities US$ in thousands 3,131,000 2,612,000 2,612,000 3,115,000 3,115,000
Working capital turnover 63.12 21.47 21.90 29.14 28.65

January 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $16,221,000K ÷ ($3,388,000K – $3,131,000K)
= 63.12

Kohl's Corporation has shown fluctuations in its working capital turnover ratio over the period under review. The working capital turnover ratio indicates how efficiently the company is utilizing its working capital to generate sales revenue.

In January 2023, the working capital turnover ratio was 28.65, indicating that the company generated $28.65 in revenue for every dollar of working capital invested. This ratio increased slightly to 29.14 by the end of January 2023, suggesting a slightly more efficient use of working capital.

However, there was a notable decline in the working capital turnover ratio in January 2024, dropping to 21.90, and further decreasing to 21.47 in February 2024. These decreases could indicate potential inefficiencies in managing working capital during this period.

The most significant change occurred in January 2025, with a sharp increase in the working capital turnover ratio to 63.12. This substantial increase may signal improved working capital management and a more effective utilization of resources to drive sales revenue.

Overall, Kohl's Corporation's working capital turnover ratio has displayed varying levels of efficiency in using working capital to generate revenue, with fluctuations that may reflect changes in the company's operational and financial strategies. Additional analysis and consideration of market conditions are necessary to fully understand the implications of these fluctuations.


Peer comparison

Jan 31, 2025

Company name
Symbol
Working capital turnover
Kohl's Corporation
KSS
63.12
Burlington Stores Inc
BURL
29.85
Macy’s Inc
M
11.77