Capri Holdings Ltd (CPRI)
Payables turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,258,000 | 1,768,000 | 1,818,000 | 1,892,000 | 1,885,000 | 1,852,000 | 1,860,000 | 1,862,000 | 1,904,000 | 1,963,000 | 2,017,000 | 1,972,000 | 1,910,000 | 1,834,000 | 1,727,000 | 1,711,000 | 1,463,000 | 1,564,000 | 1,749,000 | 1,917,000 |
| Payables | US$ in thousands | — | 533,000 | 472,000 | 416,000 | 352,000 | 370,000 | 355,000 | 476,000 | 475,000 | 519,000 | 370,000 | 540,000 | 555,000 | 593,000 | 491,000 | 464,000 | 512,000 | 495,000 | 558,000 | 596,000 |
| Payables turnover | — | 3.32 | 3.85 | 4.55 | 5.36 | 5.01 | 5.24 | 3.91 | 4.01 | 3.78 | 5.45 | 3.65 | 3.44 | 3.09 | 3.52 | 3.69 | 2.86 | 3.16 | 3.13 | 3.22 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,258,000K ÷ $—K
= —
The payables turnover ratio of Capri Holdings Ltd has displayed fluctuating trends over the past five years, indicating varying efficiencies in managing its accounts payable. The ratio, which measures how quickly the company pays its suppliers, has shown a general upward trend from June 30, 2020, to September 30, 2022. This suggests an improvement in the company's ability to settle its payables within a shorter time frame.
However, from September 30, 2022, to March 31, 2024, the payables turnover ratio experienced significant volatility, reaching its highest point of 5.45 on September 30, 2022. This could indicate changes in the company's payment terms with suppliers or fluctuations in its purchasing activities.
Subsequently, from March 31, 2024, to December 31, 2024, the payables turnover ratio declined, indicating a potential slowdown in the company's payables management efficiency. The ratio remained relatively stable at around 3.32 from December 31, 2024, to March 31, 2025, before the data ended.
Overall, Capri Holdings Ltd's payables turnover ratio has shown mixed performance, demonstrating both improvements and fluctuations in managing its accounts payable effectively during the period under review. This highlights the importance of closely monitoring changes in the payables turnover ratio to assess the company's payment practices and liquidity management.
Peer comparison
Mar 31, 2025