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Costco inventory for the quarter ending August 31, 2023 was $16.651B, a 7.01% decline year-over-year. Costco inventory for 2023 was $16.651B, a 7.01% decline from 2022. Costco inventory for 2022 was $17.907B, a 25.97% increase from 2021. Costco inventory for 2021 was $14.215B, a 16.12% increase from 2020.
Costco ecommerce sales for the fiscal year decreased 5.7% compared with 2022.
Financial Strength of Costco Wholesale Costco Wholesale has a cash-to-debt ratio of 1.72, which ranks better than 75.41% of 305 companies in the Retail - Defensive industry. The overall financial strength of Costco Wholesale is 8 out of 10, which indicates that the financial strength of Costco Wholesale is strong.
The company indicated gas price deflation negatively impacted comparable sales by 4%. It added that the average worldwide selling price was down 24% per gallon from June 2022. Taking out the impacts of changes in gasoline prices and foreign exchange rates, Costco said comparable store sales were up 3%.
Costco tops quarterly earnings expectations, even as sales remain soft. Costco on Tuesday reported quarterly earnings that topped Wall Streets expectations. Comparable sales for the company rose 1.1% year over year but only 0.2% in the U.S.

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Costco Logo since 1997Headquarters in Issaquah, WashingtonMembers127.9 million (2023)Number of employees316,000 (2023)Websitewww.costco.com16 more rows
Most of its sales come from necessities like groceries, and its membership model also anchors the business in a way that most retailers dont have. The stock is also expensive, trading at a price-to-earnings ratio of 39, so its vulnerable to a sell-off, especially if macro-level circumstances change.
Net sales for the 53-week fiscal year were $237.71 billion, an increase of 6.7 percent from $222.73 billion in the 52-week fiscal year of 2022.

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