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Costco Inventory Turnover

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Costco inventory turnover for 2016 was 11.51 in the fiscal year for 2016 compared to 11.64 in 2015 fiscal year (Morningstar). Costco has Days in inventory totaled of 31.71 in 2016 and 31.36 in 2015 (Morningstar). Costco competitor has a way higher day on average, for example, Wal-Mart days on average is 44 day, Sear is 88 days. This means that Costco is the most operationally efficient retailer when it comes to inventory management. Costco inventory turnover is great compared to Wal-Mart and Sear, because of their consistent strategy to increase its inventory turnover and decreased the days' inventory spent in its warehouse to be able to compete with their biggest competitor, which is Wal-Mart. In the retail industry, keeping a minimum amount

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