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Caleres (Caleres) Total Inventories

: $541 Mil (As of Jan. 2024)
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Caleres's total inventories for the quarter that ended in Jan. 2024 was $541 Mil. Caleres's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $548 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Caleres's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-23.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Caleres's Days Inventory for the three months ended in Jan. 2024 was 127.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Caleres's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.71.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Caleres's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.79.


Caleres Total Inventories Historical Data

The historical data trend for Caleres's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caleres Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 618.41 487.96 596.81 580.22 540.67

Caleres Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 580.22 559.47 660.69 556.03 540.67

Caleres Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Caleres  (NYSE:CAL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Caleres's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.358+0.75 * 140.4+0.5 * 540.674-1237.176
-0-6.939)/35.49
=-23.87

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Caleres's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=548.354/391.395*365 / 4
=127.84

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Caleres's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=391.395 / 548.354
=0.71

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Caleres's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=548.354 / 697.123
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Caleres Total Inventories Related Terms

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Caleres (Caleres) Business Description

Traded in Other Exchanges
Address
8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.
Executives
John W Schmidt officer: Div Pres, Whls Better & Image 693 FIFTH AVENUE, 11TH FLOOR, NEW YORK NY 10022
Willis Hill officer: Chief Information Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Mark A Schmitt officer: SVP, CIO 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Todd E Hasty officer: VP, Chief Accounting Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Diane M Sullivan officer: President, Brown Shoe Co., Inc 78 COUNTRY CLUB WAY, IPSWICH MA 01938
Douglas Koch officer: SVP & Chief Talent Officer 5032 WESTMINISTER PL, ST. LOUIS MO 63108
Daniel R Freidman officer: Div Pres, Whls Prod & Sorcing 8300 MARYLAND AVENUE, SAINT LOUIS MO 63105
Carla C Hendra director 885 WEST END AVE. 12B, NEW YORK NY 10025
Jack Calandra officer: SVP, Chief Financial Officer 6380 ROGERDALE RD., HOUSTON TX 77072
Bruce K Thorn director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Jennifer Olsen officer: Chief Marketing Officer 8300 MARYLAND AVE., ST. LOUIS MO 63105
Ken Hannah officer: SVP, Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST, PETERS MO 63376
Michael R Edwards officer: Div President, Famous Footwear 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Thomas C Burke officer: VP, General Counsel 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Patricia G Mcginnis director 4827 V STREET, WASHINGTON DC 20007