PVH Corp (PVH)

Inventory turnover

		Feb 28, 2025	Feb 29, 2024	Feb 4, 2024	Feb 28, 2023	Jan 29, 2023
Cost of revenue	US$ in thousands	3,510,400	3,854,500	3,854,500	3,901,300	3,901,300
Inventory	US$ in thousands	1,508,700	1,419,700	1,419,700	1,802,600	1,802,600
Inventory turnover		2.33	2.72	2.72	2.16	2.16

February 28, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $3,510,400K ÷ $1,508,700K
= 2.33

The inventory turnover of PVH Corp has shown some fluctuations over the period covered in the data provided. In January and February 2023, the inventory turnover ratio was consistent at 2.16, indicating that the company was able to sell and replace its inventory approximately 2.16 times within the period.

There was a notable increase in the inventory turnover ratio to 2.72 in February 2024, suggesting that PVH Corp managed its inventory more efficiently during that period by selling and restocking its inventory at a faster pace.

However, by February 2025, the inventory turnover ratio had decreased to 2.33, indicating a slight decline in the efficiency of inventory management compared to the previous year.

Overall, the inventory turnover ratios reflect PVH Corp's ability to effectively manage its inventory levels and convert them into sales within the given time frames. Further analysis considering industry benchmarks and historical trends would provide more insight into the company's inventory management performance.