Michaels Companies Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Michaels Companies Inc inventory turnover ratio, the Michaels Companies Inc 's ability to sell and replace its inventory in the fourth quarter 2020, sequentially increased to 3.08 in the fourth quarter 2021, a new company high. Average inventory processing period, for the Michaels Companies Inc in Jan 30 2021 quarter, has decreased to 119 days, compare to 122 days, in the Oct 31 2020 quarter.

Within Retail sector 143 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2020, to 1339, from total ranking in the third quarter 2020 at 1364.

MIK Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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MIK Inventory Turnover Ratio	(Jan 30 2021) IV. Quarter	(Oct 31 2020) III. Quarter	(Aug 01 2020) II. Quarter	(May 02 2020) I. Quarter	(Feb 01 2020) IV. Quarter
Y / Y Inventory Growth	-8.21 %	-17.77 %	-18.69 %	0.82 %	-1.05 %
Y / Y Cost of Sales Growth	2.81 %	5.65 %	20.84 %	-14.5 %	0.22 %
Inventory Turnover Ratio (TTM)	3.08	2.99	2.79	2.54	2.62
MIK's Total Ranking	# 1339	# 1364	# 1415	# 1499	# 1339
Average inventory processing period	119	122	131	144	139
Seq. Inventory Growth	-13.97 %	14.57 %	-8.02 %	1.24 %	-22.92 %
Seq. Cost of Sales Growth	34.24 %	2.34 %	39.37 %	-46.31 %	37.96 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Specialty Retail Industry	# 24
Retail Sector	# 144
Overall Market	# 1339

Inventory Turnover Ratio Statistics
High	Average	Low
3.08	2.71	2.54
(Jan 30 2021)		(May 02 2020)

MIK Company Profile >> Back to MIK Efficiency Comparisons >> Compare MIK Inventory Turnover Ratio to its Competitors

Financial Statements
Michaels Companies Inc 's Inventories	$ 1,007 Millions	Visit MIK's Balance sheet
Michaels Companies Inc 's Cost of Revenues TTM	$ 3,315 Millions	Visit MIK's Income Statement
What are MIK's Sales?		Visit MIK's Sales by Segment

Other Inventory Turnover Ratios
Michaels Companies Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Specialty Retail Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MIK's Inventory Turnover Ratio versus Specialty Retail Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MIK's Competitors
Inventory Turnover Ratio for MIK's Suppliers
Inventory Turnover Ratio for MIK's Customers

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MIK's Sales Growth Rates	MIK's Pe Price to earnings ratio	MIK's Receivables Turnover Ratio	MIK's Stock Quote
MIK's Net Income Growth Rates	MIK's Ps Price to Sales ratio	MIK's Sales per Employee	MIK's Asset Turnover Ratio
MIK's Net Margin	MIK's Pb Price to Book ratio	MIK's Financial Strength Ratios	MIK's Dividend Payout Ratio

Companies with similar Inventory Turnover Ratio for the quarter ending Jan 30 2021, within Retail Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Jan 30 2021	Inventories at quarter ending Jan 30 2021
Petmed Express Inc	8.80	$ 220.710 Millions	$ 25 Millions
Chefs Warehouse Inc	8.48	$ 863.480 Millions	$ 102 Millions
Suburban Propane Partners Lp	8.23	$ 367.730 Millions	$ 45 Millions
Natural Grocers By Vitamin Cottage Inc	8.07	$ 776.215 Millions	$ 96 Millions
Monro Inc	7.97	$ 1,432.200 Millions	$ 180 Millions
The Alkaline Water Company Inc	7.88	$ 27.936 Millions	$ 4 Millions
The Odp Corporation	7.84	$ 7,578.000 Millions	$ 966 Millions
China Jo Jo Drugstores Holdings Inc	7.50	$ 91.801 Millions	$ 12 Millions
Ecmoho Ltd	7.41	$ 246.300 Millions	$ 33 Millions
Kroger Co	7.35	$ 51,884.000 Millions	$ 7,063 Millions
Hf Foods Group Inc	7.10	$ 466.539 Millions	$ 66 Millions
Best Buy Co Inc	7.07	$ 36,689.000 Millions	$ 5,191 Millions
Asbury Automotive Group Inc	6.95	$ 5,908.400 Millions	$ 850 Millions
Western Capital Resources Inc	6.91	$ 59.674 Millions	$ 9 Millions
Qvc Group Inc	6.73	$ 9,291.000 Millions	$ 1,380 Millions
Covetrus Inc.	6.72	$ 3,542.000 Millions	$ 527 Millions
Td Synnex Corporation	6.67	$ 18,783.042 Millions	$ 2,815 Millions
Urban Outfitters Inc	6.57	$ 2,572.347 Millions	$ 392 Millions
Ross Stores Inc	6.54	$ 9,838.574 Millions	$ 1,504 Millions
Cimg Inc	6.53	$ 1.735 Millions	$ 0 Millions
Stitch Fix Inc	6.51	$ 1,023.129 Millions	$ 157 Millions
Target Corporation	6.48	$ 66,177.000 Millions	$ 10,206 Millions
Sonic Automotive Inc	6.46	$ 8,343.397 Millions	$ 1,292 Millions
Addvantage Technologies Group Inc	6.39	$ 37.252 Millions	$ 6 Millions
Ifresh Inc	6.38	$ 67.851 Millions	$ 11 Millions
Carmax Inc	6.37	$ 16,493.969 Millions	$ 2,588 Millions
Kaspien Holdings Inc	6.35	$ 142.041 Millions	$ 22 Millions
Right On Brands Inc	6.31	$ 0.098 Millions	$ 0 Millions
Qvc inc	6.29	$ 7,418.000 Millions	$ 1,180 Millions
Petiq Inc	6.27	$ 644.863 Millions	$ 103 Millions

Date modified: 2026-09-08T15:10:11+00:00

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