Buckle Inc (BKE)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 624,902 | 990,043 | 642,037 | 669,184 | 1,017,060 |
| Payables | US$ in thousands | — | 45,958 | — | — | 44,835 |
| Payables turnover | — | 21.54 | — | — | 22.68 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $624,902K ÷ $—K
= —
The payables turnover ratio for Buckle Inc indicates how efficiently the company is managing its accounts payable. Looking at the data provided, we observe fluctuations in the payables turnover ratio over the years:
- January 28, 2023: 22.68
- January 31, 2023: Not available
- January 31, 2024: Not available
- February 3, 2024: 21.54
- January 31, 2025: Not available
The payables turnover ratio measures how many times a company pays off its accounts payable within a specific period. A higher ratio suggests that the company is settling its debts more frequently, indicating good liquidity and strong supplier relationships. In contrast, a lower ratio may imply either delayed payments or more favorable credit terms negotiated with suppliers.
The missing data points for January 31, 2023, January 31, 2024, and January 31, 2025 make it challenging to perform a comprehensive trend analysis. However, the available data suggests fluctuations in Buckle Inc's payables turnover ratio, which may warrant further investigation into the company's liquidity management and vendor payment practices.
Peer comparison
Jan 31, 2025