Academy Sports Outdoors Inc (ASO)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,950,889 | 4,413,359 | 4,756,102 | 4,680,983 | 5,004,706 | 4,425,176 | 4,567,926 | 4,569,284 | 4,565,644 | 4,719,974 | 4,895,064 | 4,950,024 | 5,007,014 | 4,950,144 | 4,833,124 | 4,807,976 | 4,717,986 | 5,211,366 | 4,813,146 | 5,243,520 |
| Payables | US$ in thousands | — | — | — | — | 541,077 | — | — | 820,428 | — | 669,832 | — | 712,643 | — | 686,472 | — | 840,585 | — | 778,016 | — | — |
| Payables turnover | — | — | — | — | 9.25 | — | — | 5.57 | — | 7.05 | — | 6.95 | — | 7.21 | — | 5.72 | — | 6.70 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,950,889K ÷ $—K
= —
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by evaluating how many times a company pays off its suppliers in a given period. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly.
Based on the available data for Academy Sports Outdoors Inc, the payables turnover ratio fluctuated over the past several periods. The company had a payables turnover ratio of 6.70 in July 30, 2022, improved to 7.21 in January 28, 2023, and reached its peak at 9.25 on February 3, 2024. These higher ratios suggest that Academy Sports Outdoors Inc was managing its accounts payable efficiently during these periods.
However, there were also periods where the payables turnover ratio decreased, such as 5.72 in October 29, 2022, 5.57 in October 28, 2023, and back to 5.57 on February 3, 2024. These lower ratios may indicate that the company was taking longer to pay off its suppliers during these time frames, which could potentially strain supplier relationships or indicate difficulties in managing cash flow effectively.
Overall, it is essential for Academy Sports Outdoors Inc to closely monitor its payables turnover ratio to ensure a balance between maximizing cash flow through efficient payment management and maintaining positive relationships with its suppliers.
Peer comparison
Jan 31, 2025