Inventory Disclosure
| Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merchandise inventories | 1,725,410) | 1,671,909) | 2,093,869) | 2,618,922) | 2,730,874) | 2,905,660) |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
- Merchandise Inventories
-
The merchandise inventories have exhibited a consistent downward trend over the six-year period analyzed. Starting at approximately 2.91 billion USD in the fiscal year ending February 25, 2017, the inventory levels have gradually decreased each year up to February 27, 2021, reaching approximately 1.67 billion USD.
This represents a notable reduction of over 42% from the 2017 level, indicating a strategic effort to reduce stockholdings or possibly a response to changing sales dynamics or supply chain adjustments.
In the most recent year, ending February 26, 2022, there is a slight increase to approximately 1.73 billion USD, which might suggest an adjustment in inventory management strategies or preparation for anticipated demand.
Overall, the declining trend in merchandise inventories points towards improved inventory turnover or a shift in operational approach aimed at optimizing working capital.