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. Shoe Carnival's Average Total Inventories for the quarter that ended in Jan. 2024 was $357 Mil. Shoe Carnival's Revenue for the
three
months ended in Jan. 2024 was $280 Mil.
Shoe Carnival's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.28.
Shoe Carnival's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (1.22) to Oct. 2023 (1.28)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shoe Carnival's Days Inventory for the
three
months ended in Jan. 2024 was 180.71.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shoe Carnival's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.50.
Shoe Carnival Inventory-to-Revenue Historical Data
The historical data trend for Shoe Carnival's Inventory-to-Revenue 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.
Competitive Comparison of Shoe Carnival's Inventory-to-Revenue
For the Apparel Retail subindustry, Shoe Carnival's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shoe Carnival's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Carnival's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shoe Carnival's Inventory-to-Revenue falls into.
Shoe Carnival Inventory-to-Revenue Calculation
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.
Shoe Carnival's Inventory-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shoe Carnival's Days Inventory for the
three
months ended in Jan. 2024 is calculated as:
* 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.
Shoe Carnival Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shoe Carnival's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shoe Carnival (Shoe Carnival) Business Description
Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. It operates a retail-focused business model that aims to deliver the footwear shopping experience with the national name brands desired by its customers. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channel.
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