Steven Madden Ltd Inventory Turnover Ratio (COS)
Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics
Steven Madden Ltd inventory turnover ratio, the Steven Madden Ltd 's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 5.59 in the fourth quarter 2023, yet the ratio remained below the average, as SHOO's market remain challenging.Average inventory processing period, for the Steven Madden Ltd in Dec 31 2023 quarter, has decreased to 65 days, compare to 67 days, in the Sep 30 2023 quarter.
Within Consumer Discretionary sector 26 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2023, to 365, from total ranking in the third quarter 2023 at 499.
SHOO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Steven Madden Ltd Market Share?
What is Inventory Turnover Ratio?
Select the Comparisons :
|
|
Select the Ratio:
|
|
SHOO Inventory Turnover Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Inventory Growth |
0.1 % |
-15.81 % |
-32.2 % |
-22.9 % |
-10.37 % |
Y / Y Cost of Sales Growth |
12.11 % |
-2.16 % |
-19.48 % |
-19.01 % |
-20.05 % |
Inventory Turnover Ratio (TTM) |
5.59 |
5.43 |
5.22 |
4.94 |
4.93 |
SHOO's Total
Ranking |
# 365 |
# 499 |
# 520 |
# 520 |
# 859 |
Average inventory processing period |
65 |
67 |
70 |
74 |
74 |
Seq. Inventory Growth |
11.33 % |
-1.03 % |
15.51 % |
-21.34 % |
-6.37 % |
Seq. Cost of Sales Growth |
-4.75 % |
25.32 % |
-4.95 % |
-1.18 % |
-16.88 % |
Inventory Turnover Ratio Statistics |
High |
Average |
Low |
9.15 |
7.37 |
4.93 |
(March 31, 2016) |
|
(Dec 31 2022) |
Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector | Inventory Turnover Ratio | Cost of revenues at quarter ending Dec 31 2023 | Inventories at quarter ending Dec 31 2023 | Lear Corp | 12.57 | $ 21,756.500 Millions | $ 1,731 Millions | American Axle and Manufacturing Holdings Inc | 11.58 | $ 5,455.000 Millions | $ 471 Millions | Garrett Motion Inc | 10.70 | $ 3,130.000 Millions | $ 293 Millions | Visteon Corporation | 10.64 | $ 3,467.000 Millions | $ 326 Millions | Graybar Electric Company Inc | 9.50 | $ 8,818.600 Millions | $ 928 Millions | Ford Motor Co | 8.87 | $ 150,550.000 Millions | $ 16,973 Millions | Luminar Technologies Inc | 8.86 | $ 142.000 Millions | $ 16 Millions | General Motors Company | 8.09 | $ 141,330.000 Millions | $ 17,468 Millions | Jakks Pacific Inc | 7.79 | $ 488.000 Millions | $ 63 Millions | Otis Worldwide Corporation | 7.69 | $ 4,843.000 Millions | $ 630 Millions | Cintas Corporation | 7.47 | $ 3,756.496 Millions | $ 503 Millions | Borgwarner Inc | 7.38 | $ 11,630.000 Millions | $ 1,575 Millions | Whirlpool Corp | 6.88 | $ 16,285.000 Millions | $ 2,368 Millions | Aptiv Plc | 6.88 | $ 16,612.000 Millions | $ 2,416 Millions | Sleep Number Corporation | 6.79 | $ 798.000 Millions | $ 117 Millions | Shyft Group Inc | 6.69 | $ 721.000 Millions | $ 108 Millions | Commercial Vehicle Group Inc | 6.52 | $ 860.000 Millions | $ 132 Millions | Masterbrand Inc | 6.14 | $ 1,824.800 Millions | $ 297 Millions | Modine Manufacturing Co | 5.91 | $ 1,953.200 Millions | $ 330 Millions | Dana Inc | 5.64 | $ 9,655.000 Millions | $ 1,711 Millions | Tesla Inc | 5.64 | $ 79,113.000 Millions | $ 14,020 Millions | Novo Integrated Sciences Inc | 5.64 | $ 5.978 Millions | $ 1 Millions | Steven Madden Ltd | 5.59 | $ 1,149.168 Millions | $ 206 Millions | Acuity Brands Inc | 5.51 | $ 2,163.600 Millions | $ 393 Millions | Tempur Sealy International Inc | 5.42 | $ 2,796.000 Millions | $ 516 Millions | Lsi Industries Inc | 5.28 | $ 336.038 Millions | $ 64 Millions | Arrow Electronics Inc | 5.27 | $ 28,958.102 Millions | $ 5,493 Millions | Carter s Inc | 5.05 | $ 3,099.318 Millions | $ 613 Millions | Wesco International Inc | 4.86 | $ 17,541.500 Millions | $ 3,607 Millions | Patrick Industries Inc | 4.86 | $ 2,685.000 Millions | $ 553 Millions |
|