Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Steelcase Inc. (SCS) had Inventory Turnover of 9.30 for the most recently reported fiscal year, ending 2024-02-29.

Quarterly Annual

Figures for fiscal year ending 2024-02-29

Income Statement Financials
Revenue	$3.16B
Net Income	$81.10M
Cost of Goods Sold	$2.15B
Gross Profit	$1.01B
Operating Expenses	$3.04B
Operating Income	$117.80M
Non-Operating Income/Expense	$-10.70M
Pre-Tax Income	$107.10M
Normalized Pre-Tax Income	$107.10M
Income after Taxes	$81.10M
Income from Continuous Operations	$81.10M
Consolidated Net Income/Loss	$81.10M
Normalized Income after Taxes	$81.10M
EBIT	$117.80M
EBITDA	$201.40M
Weighted-Average Shares Outstanding (Basic)	114.00M
Weighted-Average Shares Outstanding (Diluted)	114.50M
Earnings per Share (EPS) (Basic)	$0.68
Earnings per Share (EPS) (Diluted)	$0.68
Balance Sheet Financials
Current Assets	$959.40M
Property, Plant, and Equipment	$352.90M
Long-Term Assets	$1.28B
Total Assets	$2.24B
Current Liabilities	$607.10M
Long-Term Debt	$446.30M
Long-Term Liabilities	$742.50M
Total Liabilities	$1.35B
Common Equity	$887.10M
Tangible Shareholders Equity	$517.70M
Shareholders Equity	$887.10M
Common Shares Outstanding	114.23M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$308.70M
Cash Flow from Investing Activities	$6.10M
Cash Flow from Financial Activities	$-85.90M
Beginning Cash	$97.20M
End Cash	$325.90M
Increase/Decrease in Cash	$228.70M
Stock-Based Compensation	$26.00M
Common Stock Dividends Paid	$-47.60M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.58
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.33
Debt to Equity Ratio	0.50
Gross Margin	32.04%
Operating Margin	3.73%
EBIT Margin	3.73%
EBITDA Margin	6.37%
Pre-Tax Profit Margin	3.39%
Profit Margin	2.57%
Free Cash Flow	$311.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.41
Inventory Turnover	9.30
Receiveable Turnover	9.34
Days Sales in Receivables	39.08
Return on Equity	9.14%
Return on Tangible Equity	15.67%
Return on Assets	3.63%
Return on Investments	6.08%
Book Value Per Share	$7.77
Free Cash Flow per Share	$2.72
Operating Cash Flow per Share	$2.70

Data from Zacks Investment Research, Inc.