Chewy Inc (CHWY)
Cash ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 595,765 | 506,634 | 506,634 | 694,460 | 694,460 | 1,134,630 | 1,134,630 | 602,232 | 602,232 | 469,409 | 469,409 | 457,103 | 457,103 | 408,685 | 330,441 | 331,641 | 378,227 | 378,227 | 606,800 | 604,761 |
| Short-term investments | US$ in thousands | 899 | 885 | 885 | 490 | 490 | 3,490 | 3,490 | 531,785 | 531,785 | 487,772 | 487,772 | 448,323 | 448,323 | 394,487 | 346,944 | 346,944 | 296,784 | 296,784 | — | — |
| Total current liabilities | US$ in thousands | 2,206,720 | 2,179,220 | 2,179,220 | 2,055,180 | 2,055,180 | 1,996,120 | 1,996,120 | 2,110,880 | 2,110,880 | 1,964,690 | 1,964,690 | 1,999,390 | 1,999,390 | 1,893,470 | 1,769,350 | 1,827,720 | 1,782,040 | 1,782,040 | 1,778,310 | 1,697,640 |
| Cash ratio | 0.27 | 0.23 | 0.23 | 0.34 | 0.34 | 0.57 | 0.57 | 0.54 | 0.54 | 0.49 | 0.49 | 0.45 | 0.45 | 0.42 | 0.38 | 0.37 | 0.38 | 0.38 | 0.34 | 0.36 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($595,765K
+ $899K)
÷ $2,206,720K
= 0.27
The cash ratio of Chewy Inc has shown fluctuations over the periods covered by the data provided. The cash ratio, which measures a company's ability to cover its short-term liabilities with its available cash and cash equivalents, has ranged from 0.23 to 0.57 during the period.
The trend in the cash ratio indicates that Chewy Inc has maintained a relatively strong position in terms of liquidity, with the ratio consistently staying above 0.3, which is generally considered a healthy level. The ratio peaked at 0.57 in April 2024, indicating a significant increase in the company's ability to cover its short-term obligations with cash on hand.
However, there are instances where the cash ratio dipped, such as in July 2024 and October 2024 when the ratio fell to 0.34 and 0.23, respectively. These fluctuations may suggest potential periods of lower liquidity or increased short-term liabilities compared to cash reserves.
Overall, Chewy Inc's cash ratio trend demonstrates a generally stable liquidity position, with occasional fluctuations that may reflect shifts in the company's cash management or short-term financial obligations. It is important for investors and stakeholders to continue monitoring the cash ratio along with other financial indicators to assess the company's overall financial health and liquidity position.
Peer comparison
Jan 31, 2025