Bath & Body Works Inc. (BBWI)
Quick ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 674,000 | 191,000 | 514,000 | 855,000 | 1,084,000 | 1,084,000 | 412,000 | 412,000 | 790,000 | 790,000 | 1,046,000 | 1,046,000 | 1,232,000 | 1,232,000 | 295,000 | 295,000 | 452,000 | 452,000 | 651,000 | 1,979,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 224,000 | — | — | 197,000 | — | 153,000 | — | 145,000 | — | 226,000 | — | 242,000 | — | 184,000 | — | — |
| Total current liabilities | US$ in thousands | 1,231,000 | 1,575,000 | 1,497,000 | 1,221,000 | 1,289,000 | 1,289,000 | 1,409,000 | 1,409,000 | 1,213,000 | 1,213,000 | 1,277,000 | 1,277,000 | 1,379,000 | 1,379,000 | 1,452,000 | 1,452,000 | 1,258,000 | 1,258,000 | 1,240,000 | 1,290,000 |
| Quick ratio | 0.55 | 0.12 | 0.34 | 0.70 | 1.01 | 0.84 | 0.29 | 0.43 | 0.65 | 0.78 | 0.82 | 0.93 | 0.89 | 1.06 | 0.20 | 0.37 | 0.36 | 0.51 | 0.52 | 1.53 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($674,000K
+ $—K
+ $—K)
÷ $1,231,000K
= 0.55
The quick ratio of Bath & Body Works Inc. has fluctuated over the period analyzed.
As of January 31, 2022, the quick ratio was relatively strong at 1.53, indicating that the company had $1.53 in liquid assets available to cover each $1 of current liabilities.
However, the quick ratio experienced a significant decline by April 30, 2022, dropping to 0.52. This suggests a potential liquidity issue as the company's ability to meet short-term obligations with its most liquid assets decreased.
The quick ratio remained low in subsequent periods, hovering around 0.5 to 0.3 through October 31, 2023. During this time, the company may have faced challenges in managing its current liabilities without relying heavily on inventory or other less liquid assets.
There was a notable improvement in the quick ratio as of February 3, 2024, reaching 1.01, indicating a better ability to cover short-term liabilities with liquid assets. However, the ratio dipped to 0.12 by October 31, 2024, signaling a potential liquidity strain once again.
By January 31, 2025, the quick ratio had recovered slightly to 0.55. Overall, the fluctuating trend in the quick ratio suggests varying levels of liquidity and the need for close monitoring of Bath & Body Works Inc.'s ability to meet short-term obligations with readily available assets.
Peer comparison
Jan 31, 2025