Citi Trends (STU:WW2) Inventory Turnover : 0.82 (As of Oct. 2024)

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What is Citi Trends 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. Citi Trends's Cost of Goods Sold for the three months ended in Oct. 2024 was €99.0 Mil. Citi Trends's Average Total Inventories for the quarter that ended in Oct. 2024 was €120.8 Mil. Citi Trends's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Citi Trends's Days Inventory for the three months ended in Oct. 2024 was 111.32.

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. Citi Trends's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.73.

Citi Trends Inventory Turnover Historical Data

The historical data trend for Citi Trends'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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Citi Trends Inventory Turnover Chart

Citi Trends Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Inventory Turnover

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3.69

5.30

4.33

3.90

3.82

Citi Trends 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															0.99	0.92	0.95	0.82	1.04

Citi Trends Inventory Turnover Calculation

Citi Trends's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	424.873	/ (	(98.177	+	119.737)	/	2 )
=	424.873	/	108.957
=	3.90

Citi Trends's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Jul. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	98.991	/ (	(124.466	+	117.058)	/	2 )
=	98.991	/	120.762
=	0.82

Citi Trends (STU:WW2) 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.

Citi Trends's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	120.762	/	98.991	*	365 / 4
	=	111.32

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.

Citi Trends's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	120.762	/	164.383
	=	0.73

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.

Citi Trends Inventory Turnover Related Terms

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Citi Trends Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citi Trends Inc (STU:WW2) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CTRN:USA WW2:Germany

Address

104 Coleman Boulevard, Savannah, GA, USA, 31408

Website

https://www.cititrends.com

Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books and toys.

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