Bath & Body Works Inc. (BBWI)
Payables turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 6,151,000 | 6,163,000 | 6,224,000 | 6,229,000 | 6,184,000 | 3,957,000 | 3,827,000 | 5,170,000 | 5,133,000 | 8,712,000 | 9,914,000 | 9,470,000 | 10,406,000 | 11,459,000 | 9,240,000 | 9,692,000 | 10,099,000 | 5,461,000 | 5,307,000 | 5,336,000 |
| Payables | US$ in thousands | 380,000 | 627,000 | 508,000 | 426,000 | 455,000 | 632,000 | 587,000 | 470,000 | 435,000 | 655,000 | 460,000 | 369,000 | 345,000 | 553,000 | 957,000 | 715,000 | 647,000 | 1,024,000 | 763,000 | 688,000 |
| Payables turnover | 16.19 | 9.83 | 12.25 | 14.62 | 13.59 | 6.26 | 6.52 | 11.00 | 11.80 | 13.30 | 21.55 | 25.66 | 30.16 | 20.72 | 9.66 | 13.56 | 15.61 | 5.33 | 6.96 | 7.76 |
February 3, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,151,000K ÷ $380,000K
= 16.19
The payables turnover ratio for Bath & Body Works Inc. has fluctuated over the past few quarters, indicating varying efficiencies in managing its accounts payable.
The highest payables turnover ratio was 30.16 observed on January 30, 2021, suggesting that the company was able to pay off its suppliers frequently during that period. Conversely, the lowest ratio of 5.33 on February 1, 2020, indicates that the company took longer to pay off its suppliers during that period.
Overall, the payables turnover ratio trend shows that Bath & Body Works Inc. has been relatively efficient in managing its accounts payable, with some quarters exhibiting higher efficiency compared to others. It is important for the company to monitor this ratio regularly to ensure optimal cash flow management and maintain healthy supplier relationships.
Peer comparison
Feb 3, 2024