The Kroger Co (LTS:0JS2) Inventory Turnover : 3.61 (As of Jan. 2025)

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What is The Kroger Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. The Kroger Co's Cost of Goods Sold for the three months ended in Jan. 2025 was $26,388 Mil. The Kroger Co's Average Total Inventories for the quarter that ended in Jan. 2025 was $7,312 Mil. The Kroger Co's Inventory Turnover for the quarter that ended in Jan. 2025 was 3.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Kroger Co's Days Inventory for the three months ended in Jan. 2025 was 25.28.

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. The Kroger Co's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.21.

The Kroger Co Inventory Turnover Historical Data

The historical data trend for The Kroger Co's Inventory Turnover 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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The Kroger Co Inventory Turnover Chart

The Kroger Co Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Inventory Turnover

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14.36

15.53

16.24

15.91

16.08

The Kroger Co Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Inventory Turnover	Get a 7-Day Free Trial															3.81	5.09	3.95	3.65	3.61

The Kroger Co Inventory Turnover Calculation

The Kroger Co's Inventory Turnover for the fiscal year that ended in Jan. 2025 is calculated as

	Inventory Turnover (A: Jan. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2025 )	/ (	(Total Inventories (A: Jan. 2024 )	+	Total Inventories (A: Jan. 2025 ))	/	count )
=	113720	/ (	(7105	+	7038)	/	2 )
=	113720	/	7071.5
=	16.08

The Kroger Co's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

	Inventory Turnover (Q: Jan. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2025 )	/ (	(Total Inventories (Q: Oct. 2024 )	+	Total Inventories (Q: Jan. 2025 ))	/	count )
=	26388	/ (	(7585	+	7038)	/	2 )
=	26388	/	7311.5
=	3.61

The Kroger Co (LTS:0JS2) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

The Kroger Co's Days Inventory for the three months ended in Jan. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2025 )	/	Cost of Goods Sold (Q: Jan. 2025 )	*	Days in Period
	=	7311.5	/	26388	*	365 / 4
	=	25.28

2. 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.

The Kroger Co's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2025 )	/	Revenue (Q: Jan. 2025 )
	=	7311.5	/	34308
	=	0.21

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

The Kroger Co Inventory Turnover Related Terms

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The Kroger Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » The Kroger Co (LTS:0JS2) » Definitions » Inventory Turnover

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Traded in Other Exchanges

KR:USA KR:Mexico 1KR:Italy KOG:Germany KOG:Germany K1RC34:Brazil KR:Austria

Address

1014 Vine Street, Cincinnati, OH, USA, 45202

Website

https://www.thekrogerco.com

Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its own food production plants. The company also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.

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