Caleres Inc (CAL)
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 | 1,504,735 | 1,810,136 | 1,787,550 | 1,836,641 | 2,183,105 | 1,894,946 | 2,152,756 | 2,091,278 | 2,006,842 | 2,040,728 | 2,064,947 | 2,163,277 | 2,294,463 | 2,284,911 | 2,284,600 | 2,234,340 | 1,871,423 | 2,105,072 | 1,880,764 | 2,179,691 |
| Payables | US$ in thousands | — | — | — | — | 251,912 | — | — | 257,224 | — | 350,020 | — | 261,753 | — | 229,908 | — | 279,704 | — | 399,265 | — | — |
| Payables turnover | — | — | — | — | 8.67 | — | — | 8.13 | — | 5.83 | — | 8.26 | — | 9.94 | — | 7.99 | — | 5.27 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,504,735K ÷ $—K
= —
Payables turnover is a financial ratio that measures how quickly a company pays its suppliers. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly, which can be a sign of strong liquidity management. Caleres Inc's payables turnover ratio fluctuated over the period provided in the JSON data.
In July 2022, the payables turnover ratio was 5.27, indicating that Caleres Inc took approximately 5.27 times to pay its suppliers during that period. The ratio increased to 7.99 in October 2022, showing an improvement in the company's payment efficiency. By January 2023, the ratio further increased to 9.94, suggesting that Caleres Inc was paying its payables at a faster rate.
However, the payables turnover ratio decreased to 5.83 in July 2023, indicating a slowdown in payment activity. It then increased again to 8.13 in October 2023, showing improved payment efficiency once more. Subsequently, in February 2024, the payables turnover ratio was 8.67, suggesting that the company was managing its payables effectively.
It is important to note that a payables turnover ratio of "—" indicates missing data for that particular period, making it challenging to analyze the trend comprehensively. Monitoring changes in the payables turnover ratio over time can provide insights into a company's liquidity management and relationship with suppliers.
Peer comparison
Jan 31, 2025