Deckers Outdoor Corporation (DECK)
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 | 2,099,949 | 2,095,745 | 2,014,941 | 1,945,781 | 1,902,275 | 1,877,396 | 1,866,769 | 1,811,574 | 1,801,916 | 1,783,781 | 1,717,201 | 1,618,322 | 1,542,788 | 1,428,058 | 1,325,389 | 1,275,123 | 1,171,551 | 1,090,925 | 1,058,166 | 1,022,799 |
| Payables | US$ in thousands | 417,955 | 586,371 | 536,581 | 642,595 | 378,503 | 507,161 | 476,868 | 523,014 | 265,605 | 487,354 | 482,928 | 604,104 | 327,487 | 482,059 | 497,125 | 393,635 | 231,632 | 303,013 | 312,932 | 253,557 |
| Payables turnover | 5.02 | 3.57 | 3.76 | 3.03 | 5.03 | 3.70 | 3.91 | 3.46 | 6.78 | 3.66 | 3.56 | 2.68 | 4.71 | 2.96 | 2.67 | 3.24 | 5.06 | 3.60 | 3.38 | 4.03 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,099,949K ÷ $417,955K
= 5.02
Deckers Outdoor Corporation's payables turnover has fluctuated over the past few years based on the provided data. The payables turnover ratio indicates how efficiently a company is managing its payments to suppliers. A higher turnover ratio generally suggests that the company is paying its suppliers more quickly.
Analyzing the data, we can see that the payables turnover ratio ranged from a low of 2.67 on September 30, 2021, to a high of 6.78 on March 31, 2023. The company's payables turnover improved significantly from June 30, 2021, to March 31, 2023, indicating that they were managing their payments to suppliers more efficiently during this period. However, the ratio decreased in subsequent periods, falling to around 3.03 on June 30, 2024.
Overall, Deckers Outdoor Corporation's payables turnover has shown some variability, suggesting fluctuations in how quickly the company pays its suppliers. It would be important to further investigate the factors contributing to these fluctuations to better understand the company's payment practices and relationships with suppliers.
Peer comparison
Mar 31, 2025
See also:
Deckers Outdoor Corporation Payables Turnover (Quarterly Data)