Chewy Inc (CHWY)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,662,370 | 1,615,720 | 1,615,720 | 1,753,230 | 1,753,230 | 2,126,160 | 2,126,160 | 2,104,350 | 2,104,350 | 1,882,930 | 1,882,930 | 1,854,390 | 1,854,390 | 1,733,610 | 1,520,320 | 1,524,780 | 1,520,560 | 1,520,560 | 1,505,430 | 1,389,380 |
| 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 |
| Current ratio | 0.75 | 0.74 | 0.74 | 0.85 | 0.85 | 1.07 | 1.07 | 1.00 | 1.00 | 0.96 | 0.96 | 0.93 | 0.93 | 0.92 | 0.86 | 0.83 | 0.85 | 0.85 | 0.85 | 0.82 |
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 some fluctuation over the past few quarters. As of January 31, 2025, the current ratio stands at 0.75, indicating that the company may potentially face liquidity challenges in meeting its short-term obligations with its current assets alone.
Looking back at the trend over the previous quarters, the current ratio has ranged from a low of 0.74 to a high of 1.07. In general, a current ratio below 1 suggests that the company may have difficulty covering its short-term obligations with its existing current assets.
It is important for stakeholders to closely monitor Chewy Inc's liquidity position and management of current assets and liabilities to ensure the company can meet its financial obligations in a timely manner.
Peer comparison
Jan 31, 2025