Kohl's Corporation (KSS)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,221,000 | 16,698,000 | 18,944,000 | 19,266,000 | 19,849,000 | 17,870,000 | 15,720,000 | 15,237,000 | 14,759,000 | 16,883,000 | 19,018,000 | 19,724,000 | 20,433,000 | 18,501,000 | 16,570,000 | 16,008,000 | 18,311,000 | 20,658,000 | 21,248,000 | 22,067,000 |
| Total current assets | US$ in thousands | 3,388,000 | 4,617,000 | 3,713,000 | 3,656,000 | 3,410,000 | 3,410,000 | 4,720,000 | 4,720,000 | 3,974,000 | 3,974,000 | 4,159,000 | 4,159,000 | 3,736,000 | 3,736,000 | 5,434,000 | 5,434,000 | 4,630,000 | 4,630,000 | 4,763,000 | 5,023,000 |
| Total current liabilities | US$ in thousands | 3,131,000 | 4,393,000 | 3,438,000 | 3,013,000 | 2,612,000 | 2,612,000 | 4,156,000 | 4,156,000 | 3,470,000 | 3,470,000 | 3,554,000 | 3,554,000 | 3,115,000 | 3,115,000 | 4,486,000 | 4,486,000 | 3,370,000 | 3,370,000 | 3,394,000 | 3,286,000 |
| Working capital turnover | 63.12 | 74.54 | 68.89 | 29.96 | 24.87 | 22.39 | 27.87 | 27.02 | 29.28 | 33.50 | 31.43 | 32.60 | 32.90 | 29.79 | 17.48 | 16.89 | 14.53 | 16.40 | 15.52 | 12.70 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $16,221,000K ÷ ($3,388,000K – $3,131,000K)
= 63.12
The working capital turnover ratio for Kohl's Corporation has shown fluctuations over the years based on the provided data. The ratio measures how efficiently the company is utilizing its working capital to generate sales revenue. A higher turnover ratio indicates that the company is able to generate more sales revenue with a lower amount of working capital.
From January 31, 2022, to October 31, 2023, the working capital turnover ratio steadily increased from 12.70 to 27.87, indicating an improvement in the company's efficiency in using its working capital to generate sales. However, there was a significant jump in the ratio between January 31, 2024, and July 31, 2024, where it increased from 22.39 to 74.54. This spike could be due to various factors such as changes in sales levels or working capital management practices.
It is important to note that the working capital turnover ratio saw a decline from July 31, 2024, to January 31, 2025, where it dropped from 68.89 to 63.12. This decrease could signal a potential inefficiency in utilizing working capital to drive sales during this period.
Overall, the trend in Kohl's Corporation's working capital turnover ratio suggests periods of efficiency gains and potential challenges in managing working capital effectively to support sales growth. Further analysis and comparison with industry benchmarks may provide better insights into the company's operational performance and financial health.
Peer comparison
Jan 31, 2025