Oxford Industries Inc (OXM)

Inventory turnover

		Feb 28, 2025	Feb 29, 2024	Feb 3, 2024	Feb 28, 2023	Jan 28, 2023
Cost of revenue	US$ in thousands	562,030	575,890	1,529,060	522,673	1,226,210
Inventory	US$ in thousands	167,287	159,565	159,565	220,138	220,138
Inventory turnover		3.36	3.61	9.58	2.37	5.57

February 28, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $562,030K ÷ $167,287K
= 3.36

Oxford Industries Inc's inventory turnover has shown fluctuating trends over the past few years. As of February 28, 2025, the inventory turnover ratio stands at 3.36. This indicates that, on average, the company sells and replenishes its inventory approximately 3.36 times during the period.

Comparing this to previous years, we observe a significant increase in inventory turnover from February 28, 2023, where the ratio was 2.37. This improvement suggests that Oxford Industries has been more efficient in managing its inventory and selling goods over time.

However, it is noteworthy that the inventory turnover ratio peaked at 9.58 on February 3, 2024, showing a drastic spike in efficiency that might be attributed to specific factors or strategies implemented during that period.

Overall, while the current inventory turnover ratio of 3.36 indicates a reasonable turnover rate, it is essential for Oxford Industries to maintain consistent efficiency in inventory management to ensure optimal utilization of resources and profitability in the long run.