Macy’s Inc (M)
Inventory turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 13,740,000 | 23,718,000 | 14,143,000 | 15,306,000 | 23,863,000 |
| Inventory | US$ in thousands | 4,468,000 | 4,361,000 | 4,361,000 | 4,267,000 | 4,267,000 |
| Inventory turnover | 3.08 | 5.44 | 3.24 | 3.59 | 5.59 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $13,740,000K ÷ $4,468,000K
= 3.08
To analyze Macy's Inc inventory turnover, we will calculate the ratio using the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
Using the provided data:
- January 28, 2023: Inventory Turnover = Not enough information to calculate.
- January 31, 2023: Inventory Turnover = Not enough information to calculate.
- January 31, 2024: Inventory Turnover = Not enough information to calculate.
- February 3, 2024: Inventory Turnover = Not enough information to calculate.
- January 31, 2025: Inventory Turnover = Not enough information to calculate.
The turnover ratios provided suggest that Macy's inventory turnover has been fluctuating over the years, ranging from 3.08 to 5.59. A higher inventory turnover ratio indicates that Macy's is selling its inventory more effectively. However, a consistently high ratio may also indicate potential stockouts or lost sales due to inventory shortages. Conversely, a lower inventory turnover ratio may indicate overstocking or slow-moving inventory.
Further analysis would be required to understand the reasons behind these fluctuations and to assess Macy's inventory management practices.
Peer comparison
Jan 31, 2025