This ratio tells us that, on average, Costco turned over its inventory 11.64 times during its 2015 fiscal year. We can go one step further to calculate how long it takes Costco to sell its average unit of inventory by dividing 365 by the company's inventory turnover ratio of 11.64.
Carhartt, Inc. , is a U.S. -based clothing company founded in 1889 that focuses on work clothes. It is still a family-owned company, owned by the descendants of company founder Hamilton Carhartt, with its headquarters in Dearborn, Michigan.
Retailer told me that Carhartt moved their clothing production out of the USA quite a few years ago. All American Clothing stated that was true. And for awhile they received made in USA clothing shipments from carhartts remaining USA plants, as made in USA was kept separate from overseas clothing.