Costco Inventory Turnover Ratio 2010-2024 | COST
Current and historical inventory turnover ratio for Costco (COST) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Costco inventory turnover ratio for the three months ending February 29, 2024 was 3.00.
| Costco Inventory Turnover Ratio Historical Data |
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| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail - Discount & Variety |
$321.048B |
$242.290B |
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Costco Wholesale Corporation sells high volumes of foods and general merchandise at discounted prices through membership warehouses. The company also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and Australia. The company's warehouses offer an array of low-priced nationally branded and select private labeled products in a wide range of merchandise categories. Costco offers three types of memberships to its customers: Business, Gold Star, and Executive. Costco generates revenue from two sources: 1) Store sales and 2) Membership fees. Costco offers myriad varieties of food products as well as a vast range of household and lifestyle products, stationeries and appliances. The company also sells gasoline to customers at cheap prices and offers merchandise in the following categories: Food and Sundries, Hardlines, Fresh Foods, Softlines, Ancillary.
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