Buckle Inc (BKE)
Cash conversion cycle
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 70.55 | 74.57 | 63.14 | 62.25 | 53.37 | 62.99 | 70.78 | 71.39 | 64.64 | 61.85 | 58.51 | 57.35 | 50.72 | 52.60 | 68.41 | 69.27 | 64.40 | 55.63 | 57.80 | 44.08 |
| Days of sales outstanding (DSO) | days | — | — | — | — | 2.31 | — | — | 3.22 | — | 2.80 | — | 1.64 | — | 3.37 | — | 4.71 | — | 3.46 | — | — |
| Number of days of payables | days | — | — | — | — | 19.42 | — | — | 29.68 | — | 24.66 | — | 24.05 | — | 18.85 | — | 33.66 | — | 27.29 | — | — |
| Cash conversion cycle | days | 70.55 | 74.57 | 63.14 | 62.25 | 36.26 | 62.99 | 70.78 | 44.93 | 64.64 | 39.99 | 58.51 | 34.93 | 50.72 | 37.13 | 68.41 | 40.32 | 64.40 | 31.80 | 57.80 | 44.08 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 70.55 + — – —
= 70.55
The cash conversion cycle for Buckle Inc fluctuated over the analyzed period. It is a metric that represents the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
In January 2022, the cash conversion cycle was 44.08 days, indicating that Buckle Inc took approximately 44 days to convert its investments into cash. This metric increased to 57.80 days by April 2022, suggesting a longer cycle time. However, by July 2022, the cycle time improved significantly to 31.80 days, indicating a more efficient conversion of assets into cash flows.
The trend continued to fluctuate throughout the year, reaching a peak of 70.78 days in October 2023, before decreasing to 62.99 days in January 2024. The cycle time then increased again, reaching 74.57 days by October 2024, before slightly decreasing to 70.55 days in January 2025.
Overall, the cash conversion cycle for Buckle Inc showed variability over the analyzed period, with fluctuations in efficiency in converting investments into cash flows. It is important for the company to closely monitor and manage its cash conversion cycle to improve operational efficiency and liquidity.
Peer comparison
Jan 31, 2025