Buckle Inc (BKE)

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	624,902	731,068	759,723	766,107	863,716	731,852	785,317	778,652	768,364	803,081	859,283	876,646	900,460	868,334	812,728	802,692	728,333	843,056	765,159	845,472
Payables	US$ in thousands	—	—	—	—	45,958	—	—	63,320	—	54,261	—	57,774	—	44,835	—	74,028	—	63,036	—	—
Payables turnover		—	—	—	—	18.79	—	—	12.30	—	14.80	—	15.17	—	19.37	—	10.84	—	13.37	—	—

January 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $624,902K ÷ $—K
= —

The payables turnover ratio measures how efficiently a company manages its accounts payable by analyzing how many times a company pays off its suppliers during a specific period. For Buckle Inc, the payables turnover have fluctuated over the past few years.

Notably, the highest payables turnover ratio was seen in January 28, 2023, at 19.37, indicating that Buckle Inc paid off its suppliers almost 19 times during that period. This suggests that the company was efficient in managing its payables and had strong vendor payment practices during that time.

On the other hand, there were periods where the payables turnover ratio was not reported, such as in January 31, 2022, and in various other months up to January 31, 2025. This lack of data could indicate potential issues with the company's accounts payable management or reporting practices during those periods.

Overall, the payables turnover ratios reflect Buckle Inc's ability to efficiently handle its accounts payable and manage its vendor relationships. Fluctuations in this ratio may indicate changes in the company's payment terms with suppliers or shifts in its working capital management strategies.