Ralph Lauren Corp Class A (RL)
Inventory turnover
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 2,226,100 | 2,199,600 | 2,277,800 | 2,071,000 | 1,539,400 |
Inventory | US$ in thousands | 949,600 | 902,200 | 1,071,300 | 977,300 | 759,000 |
Inventory turnover | 2.34 | 2.44 | 2.13 | 2.12 | 2.03 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,226,100K ÷ $949,600K
= 2.34
The inventory turnover ratio of Ralph Lauren Corp Class A has shown a gradual increase over the past five years. The ratio was 2.03 as of March 31, 2021, and has steadily improved to 2.34 as of March 31, 2025. This indicates that the company is managing its inventory more efficiently, with a higher turnover rate, which is generally a positive sign of effective inventory management. The upward trend in inventory turnover suggests that Ralph Lauren Corp Class A is successfully managing its inventory levels, aligning production with sales demand, and minimizing excess inventory holding costs.
Peer comparison
Mar 31, 2025