The Kroger Co Inventory Turnover Ratio (COS)
Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics
The Kroger Co inventory turnover ratio, the The Kroger Co 's ability to sell and replace its inventory in the second quarter 2023, sequentially increased to 11.63 in the second quarter 2023, yet the ratio remained below the average, as KR's market remain challenging.Average inventory processing period, for the The Kroger Co in Aug 12 2023 quarter, has decreased to 31 days, compare to 32 days, in the May 20 2023 quarter.
Within Retail sector 28 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2023, to 1, from total ranking in the first quarter 2023 at 308.
KR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is The Kroger Co Market Share?
What is Inventory Turnover Ratio?
Select the Comparisons :
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Select the Ratio:
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KR Inventory Turnover Ratio |
(Aug 12 2023) II. Quarter |
(May 20 2023) I. Quarter |
(Jan 28 2023) IV. Quarter |
(Aug 13 2022) II. Quarter |
(Nov 05 2022) III. Quarter |
Y / Y Inventory Growth |
-3.48 % |
3.37 % |
43.83 % |
62.48 % |
41.33 % |
Y / Y Cost of Sales Growth |
-1.54 % |
0.37 % |
5.94 % |
9.95 % |
7.74 % |
Inventory Turnover Ratio (TTM) |
11.63 |
11.56 |
11.64 |
12.41 |
13.64 |
KR's Total
Ranking |
# 1 |
# 308 |
# 308 |
# 296 |
# |
Average inventory processing period |
31 |
32 |
31 |
29 |
27 |
Seq. Inventory Growth |
10.01 % |
-4.42 % |
-8.2 % |
0 % |
17.81 % |
Seq. Cost of Sales Growth |
-24.53 % |
28.75 % |
-0.53 % |
1.87 % |
-23.07 % |
Inventory Turnover Ratio Statistics |
High |
Average |
Low |
23.25 |
13.5 |
4.19 |
(Nov 06 2021) |
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(May 23 2020) |
Companies with similar Inventory Turnover Ratio for the quarter ending Aug 12 2023, within Retail Sector | Inventory Turnover Ratio | Cost of revenues at quarter ending Aug 12 2023 | Inventories at quarter ending Aug 12 2023 | Casey s General Stores Inc | 28.20 | $ 11,330.083 Millions | $ 402 Millions | Cdw Corp | 22.25 | $ 17,115.500 Millions | $ 769 Millions | Blue Apron Holdings Inc | 19.53 | $ 270.480 Millions | $ 14 Millions | Us Foods Holding Corp | 18.36 | $ 29,164.000 Millions | $ 1,589 Millions | Publix Super Markets Inc | 17.85 | $ 42,446.520 Millions | $ 2,378 Millions | Star Group L p | 16.39 | $ 1,204.184 Millions | $ 73 Millions | Cvs Health Corporation | 16.17 | $ 293,441.000 Millions | $ 18,150 Millions | A mark Precious Metals Inc | 15.32 | $ 9,603.346 Millions | $ 627 Millions | Performance Food Group Company | 15.15 | $ 51,130.000 Millions | $ 3,375 Millions | Schnitzer Steel Industries Inc | 15.02 | $ 4,602.139 Millions | $ 306 Millions | Amcon Distributing Co | 14.87 | $ 2,369.000 Millions | $ 159 Millions | Spartannash Company | 14.48 | $ 8,303.601 Millions | $ 573 Millions | Mckesson Corporation | 13.47 | $ 278,767.000 Millions | $ 20,701 Millions | Sprouts Farmers Market Inc | 13.45 | $ 4,239.086 Millions | $ 315 Millions | Pc Connection Inc | 13.41 | $ 2,380.126 Millions | $ 177 Millions | Walgreens Boots Alliance Inc | 12.92 | $ 112,023.000 Millions | $ 8,672 Millions | Costco Wholesale Corp | 12.53 | $ 212,586.000 Millions | $ 16,968 Millions | Cardinal Health Inc | 12.16 | $ 203,129.000 Millions | $ 16,703 Millions | The Kroger Co | 11.99 | $ 115,278.000 Millions | $ 9,616 Millions | Weis Markets inc | 11.70 | $ 3,508.466 Millions | $ 300 Millions | Albertsons Companies Inc | 11.53 | $ 56,851.000 Millions | $ 4,933 Millions | Chewy Inc | 10.99 | $ 7,706.313 Millions | $ 701 Millions | Coupang Inc | 10.63 | $ 17,360.460 Millions | $ 1,632 Millions | Asbury Automotive Group Inc | 10.60 | $ 11,876.000 Millions | $ 1,120 Millions | United Natural Foods inc | 10.58 | $ 26,227.000 Millions | $ 2,479 Millions | Bj s Wholesale Club Holdings Inc | 10.44 | $ 15,957.971 Millions | $ 1,528 Millions | America s Car mart Inc | 10.36 | $ 1,221.905 Millions | $ 118 Millions | Qvc inc | 10.29 | $ 12,146.000 Millions | $ 1,181 Millions | Cosmos Health Inc | 9.95 | $ 46.034 Millions | $ 5 Millions | Rite Aid Corp | 9.58 | $ 18,748.652 Millions | $ 1,957 Millions |
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