Chewy Inc (CHWY)
Current ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,662,370 | 2,104,350 | 2,104,350 | 1,520,320 | 1,524,780 |
| Total current liabilities | US$ in thousands | 2,206,720 | 2,110,880 | 2,110,880 | 1,769,350 | 1,827,720 |
| Current ratio | 0.75 | 1.00 | 1.00 | 0.86 | 0.83 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,662,370K ÷ $2,206,720K
= 0.75
The current ratio of Chewy Inc has shown fluctuations over the past few years, ranging from 0.75 to 1.00. The ratio stood at 0.83 as of January 29, 2023, and increased slightly to 0.86 by January 31, 2023. There was a significant improvement in the ratio to 1.00 by January 28, 2024, which was maintained at the same level as of January 31, 2024. However, there was a decline to 0.75 by January 31, 2025.
Overall, a current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations with its current assets. The fluctuating nature of the current ratio may indicate changes in the company's liquidity position and its ability to manage its short-term financial obligations effectively. Further analysis of the company's current asset and current liability composition would be needed to provide a more in-depth assessment of its liquidity position.
Peer comparison
Jan 31, 2025