Tapestry Inc (TPR)

The inventory turnover ratio for Tapestry Inc. over the analyzed period exhibits some fluctuations that provide insights into inventory management efficiency and sales performance. As of June 30, 2021, the ratio stood at 2.27, indicating that the company sold and replaced its inventory approximately 2.27 times during that fiscal year. This high ratio suggests relatively efficient inventory management and a steady turnover relative to inventory levels at that time.

By June 30, 2022, the ratio decreased slightly to 2.05, reflecting a modest decline in inventory turnover. This reduction could imply either an increase in inventory levels, a slowdown in sales, or a combination of both. The continued decrease is observed through June 30, 2023, where the turnover ratio further declined to 2.12, showing a slight recovery but still remaining below the 2021 level.

Moving into the fiscal year ended June 30, 2024, the ratio increased marginally to 2.16, indicating a minor improvement in inventory efficiency compared to the preceding year. Ultimately, by June 30, 2025, the ratio settled at 2.00, representing a steadying of the trend with a slight decrease from the previous year’s level.

Overall, the data indicates that Tapestry Inc.'s inventory turnover has experienced minor volatility over the four-year span, generally remaining within a narrow range near 2.00 to 2.27. The slight decreasing trend from 2021 to 2025 suggests a period of relatively stable but slightly elongated inventory holding periods, which may be reflective of changes in sales velocity, inventory management strategies, or product mix. Maintaining or improving the inventory turnover ratio could be an area for strategic focus to enhance operational efficiency.

Peer comparison

Jun 30, 2025