PriceSmart Inventory Turnover Ratio 2010-2024 | PSMT
PriceSmart inventory turnover ratio 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.
PriceSmart Inventory Turnover Ratio Historical Data |
Date |
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|
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Sector |
Industry |
Market Cap |
Revenue |
Retail/Wholesale |
Retail - Discount & Variety |
$2.849B |
$4.914B |
PriceSmart, Inc. is primarily engaged in the operation of membership shopping warehouses in international markets. The company's business consists of international membership shopping stores similar to, but smaller in size than, warehouse clubs in the United States. The warehouses sell basic consumer goods with an emphasis on quality, low prices and efficient operations. By offering low prices on brand name and private label merchandise, the warehouses seek to generate sufficient sales volumes to operate profitably at relatively low gross margins.
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