Victoria's Secret & Co (VSCO)
Inventory turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,971,000 | 4,147,000 | 4,084,000 | 4,100,000 | 4,094,000 | 5,930,000 | 5,988,000 | 5,976,000 | |||
| Inventory | US$ in thousands | 985,000 | 1,211,000 | 1,040,000 | 1,041,000 | 1,052,000 | 1,242,000 | 1,086,000 | 1,046,000 | 949,000 | 1,019,000 | 745,000 |
| Inventory turnover | 6.06 | 3.42 | 3.93 | 3.94 | 3.89 | 4.77 | 5.51 | 5.71 |
February 3, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,971,000K ÷ $985,000K
= 6.06
Victoria's Secret & Co's inventory turnover has been fluctuating over the past few quarters. The inventory turnover ratio measures how efficiently the company manages its inventory. A higher inventory turnover ratio indicates that the company is selling its inventory more quickly.
In the most recent quarter, the inventory turnover ratio was 6.06, which suggests that Victoria's Secret & Co was able to sell and replace its inventory approximately 6.06 times during the period. This is a positive sign as it shows efficient management of inventory.
In the previous quarters, the inventory turnover ratios have ranged from 3.42 to 5.71. While there have been fluctuations, the ratios have generally been above 3, indicating that Victoria's Secret & Co has been effectively turning over its inventory.
Overall, based on the trend in inventory turnover ratios, Victoria's Secret & Co appears to be effectively managing its inventory, with the most recent quarter showing a particularly strong performance in this area.
Peer comparison
Feb 3, 2024
Feb 3, 2024