Kohls Corp (KSS)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,132,000 | 17,199,000 | 17,430,000 | 17,634,000 | 17,794,000 | 18,287,000 | 18,625,000 | 19,000,000 | 15,554,000 | 15,261,000 | 14,628,000 | 13,777,000 | 16,004,000 | 16,695,000 | 17,428,000 | 18,219,000 | 19,878,000 | 19,848,000 | 19,842,000 | 20,087,000 |
| Total current assets | US$ in thousands | 3,410,000 | 4,720,000 | 3,974,000 | 4,159,000 | 3,736,000 | 5,434,000 | 4,630,000 | 4,763,000 | 5,023,000 | 5,888,000 | 5,658,000 | 5,195,000 | 5,835,000 | 5,996,000 | 5,688,000 | 6,170,000 | 4,649,000 | 5,781,000 | 4,678,000 | 4,635,000 |
| Total current liabilities | US$ in thousands | 2,612,000 | 4,156,000 | 3,470,000 | 3,554,000 | 3,115,000 | 4,486,000 | 3,370,000 | 3,394,000 | 3,286,000 | 3,939,000 | 3,309,000 | 2,938,000 | 3,022,000 | 3,743,000 | 2,566,000 | 3,287,000 | 2,769,000 | 4,075,000 | 2,840,000 | 2,792,000 |
| Working capital turnover | 21.47 | 30.49 | 34.58 | 29.15 | 28.65 | 19.29 | 14.78 | 13.88 | 8.95 | 7.83 | 6.23 | 6.10 | 5.69 | 7.41 | 5.58 | 6.32 | 10.57 | 11.63 | 10.80 | 10.90 |
February 3, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $17,132,000K ÷ ($3,410,000K – $2,612,000K)
= 21.47
The working capital turnover ratio for Kohls Corp has fluctuated over the periods analyzed. The ratio measures how effectively the company is utilizing its working capital to generate sales revenue. A higher ratio indicates a more efficient use of working capital.
In the most recent period, Feb 3, 2024, the working capital turnover was 21.47, which represents a significant increase from the previous period at 30.49 on Oct 28, 2023. This suggests that Kohls Corp was able to generate $21.47 in revenue for every dollar of working capital invested during the most recent period.
Looking at the trend over the last several periods, there appears to be some volatility in the ratio, with fluctuations ranging from a low of 5.58 on Aug 1, 2020, to a high of 34.58 on Jul 29, 2023. The highest ratio of 34.58 indicates that Kohls Corp was very efficient in utilizing its working capital during that period.
Overall, the working capital turnover ratio for Kohls Corp has shown variability, but generally, the company has been able to effectively use its working capital to generate sales revenue. It would be important for investors and analysts to further investigate the reasons behind the fluctuations in the ratio to gain a deeper understanding of the company's financial performance.
Peer comparison
Feb 3, 2024