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.
In 2009, when Carhartt Inc made the decision to mix their Made in USA and foreign-made inventory (so customers and wholesalers can no longer request the Made in USA or Union Made label), you started to feel that things couldnât get much worse for the American apparel industry. Indeed, things are looking pretty bleak.