Chewy Inc (CHWY)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 9,030,120 | 9,344,760 | 9,361,730 | 9,327,790 | 9,383,680 | 9,423,790 | 9,330,910 | 9,274,190 | 9,194,550 | 9,128,620 | 9,163,990 | 8,541,790 | 9,062,630 | 8,264,370 | 8,626,630 | 8,427,470 | 8,180,420 | 8,128,990 | 7,556,400 | 8,107,610 |
| Payables | US$ in thousands | — | — | 1,229,130 | — | 1,179,810 | — | 1,143,720 | — | 1,104,940 | — | 1,078,430 | — | 1,119,320 | — | — | 1,030,880 | — | 991,951 | — | — |
| Payables turnover | — | — | 7.62 | — | 7.95 | — | 8.16 | — | 8.32 | — | 8.50 | — | 8.10 | — | — | 8.18 | — | 8.19 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,030,120K ÷ $—K
= —
The payables turnover ratio for Chewy Inc has shown some fluctuations over the period presented in the data. The payables turnover ratio indicates how many times a company pays its suppliers during a specific period. A higher ratio implies that the company is paying its suppliers more frequently.
From October 2022 to January 2023, there was an increase in the payables turnover ratio from 8.19 to 8.18, indicating that Chewy Inc slightly slowed down its payment to suppliers during this period. However, the ratio remained relatively stable.
Between July 2023 and October 2023, there was a significant increase in the payables turnover ratio from 8.10 to 8.50, suggesting that Chewy Inc started to pay its suppliers more frequently during this period, which could be a positive sign for the company's financial health.
The ratio then slightly decreased to 8.32 in January 2024 and further declined to 7.95 in July 2024. This decrease could indicate that Chewy Inc was taking longer to make payments to its suppliers during these periods.
By the end of the period presented in the data, the payables turnover ratio had decreased to 7.62 in October 2024, which might signify a delay in payments to suppliers.
Overall, the fluctuations in Chewy Inc's payables turnover ratio suggest varying payment patterns to suppliers over time. Investors and stakeholders should continue to monitor these trends to assess the company's liquidity management and vendor relationships.
Peer comparison
Jan 31, 2025