Costco Wholesale (FRA:CTO) Change In Inventory : €-960 Mil (TTM As of Feb. 2024)

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What is Costco Wholesale Change In Inventory?

Costco Wholesale's change in inventory for the quarter that ended in Feb. 2024 was €889 Mil. It means Costco Wholesale's inventory declined by €889 Mil from Nov. 2023 to Feb. 2024 .

Costco Wholesale's change in inventory for the fiscal year that ended in Aug. 2023 was €1,126 Mil. It means Costco Wholesale's inventory declined by €1,126 Mil from Aug. 2022 to Aug. 2023 .

Costco Wholesale's Total Inventories for the quarter that ended in Feb. 2024 was €15,829 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Costco Wholesale's Days Inventory for the quarter that ended in Feb. 2024 was 31.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Costco Wholesale's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.92.

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. Costco Wholesale's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.30.

Costco Wholesale Change In Inventory Historical Data

The historical data trend for Costco Wholesale's Change In Inventory 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.

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Costco Wholesale Change In Inventory Chart

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

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-481.86

-668.40

-1,608.20

-3,950.96

1,126.08

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															2,415.32	-232.76	-337.46	-1,278.82	888.99

Costco Wholesale Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-960 Mil.

Costco Wholesale (FRA:CTO) Change In Inventory Explanation

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

Costco Wholesale's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16230.7245	/	47406.78	*	365 / 4
	=	31.24

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

Costco Wholesale's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47406.78	/	16230.7245
	=	2.92

3. 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.

Costco Wholesale's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16230.7245	/	54175.734
	=	0.30

Costco Wholesale Change In Inventory Related Terms

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Costco Wholesale (FRA:CTO) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (FRA:CTO) » Definitions » Change In Inventory

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Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.