Capri Holdings Ltd (CPRI)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 1,831,000 | 1,895,000 | 1,910,000 | 1,463,000 |
| Payables | US$ in thousands | — | 352,000 | 475,000 | 555,000 | 512,000 |
| Payables turnover | — | 5.20 | 3.99 | 3.44 | 2.86 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $—K ÷ $—K
= —
The payables turnover of Capri Holdings Ltd has shown a consistent trend of improvement over the past few years. In March 2021, the payables turnover stood at 2.86 and increased to 3.44 by March 2022. This trend continued with further enhancement to 3.99 by March 2023 and a substantial improvement to 5.20 by March 2024. However, there is missing data for March 2025.
The increasing trend in payables turnover indicates that the company is becoming more efficient in managing its accounts payable. A higher payables turnover ratio suggests that the company is taking less time to pay off its suppliers, which can be a positive indicator of strong liquidity and effective working capital management.
Overall, the improving trend in payables turnover reflects positively on Capri Holdings Ltd's ability to manage its payable obligations efficiently and suggests a healthy financial position in terms of liquidity and cash flow management.
Peer comparison
Mar 31, 2025