Caleres Inc (CAL)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,500,640 | 2,635,690 | 1,554,340 | 1,683,260 | 2,767,720 |
| Payables | US$ in thousands | — | 251,912 | — | — | 229,908 |
| Payables turnover | — | 10.46 | — | — | 12.04 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,500,640K ÷ $—K
= —
The payables turnover ratio for Caleres Inc has shown some variations over the years. In January 28, 2023, the ratio was 12.04, indicating that the company's payables turnover was relatively high, suggesting that Caleres Inc was able to efficiently manage its accounts payable during that period. However, there is missing data for January 31, 2023 and January 31, 2024.
By February 3, 2024, the payables turnover ratio decreased to 10.46, suggesting a slight decrease in the efficiency of Caleres Inc in managing its accounts payable compared to the previous year. This may indicate that the company took slightly longer to pay its suppliers in that period.
Unfortunately, there is missing data for January 31, 2025, making it difficult to assess the trend of the payables turnover ratio for that year. Overall, fluctuations in the payables turnover ratio can provide insights into Caleres Inc's liquidity management and relationships with its suppliers, highlighting areas where improvements may be needed.
Peer comparison
Jan 31, 2025