Dick’s Sporting Goods Inc (DKS)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 8,617,160 | 9,713,670 | 10,291,920 | 10,074,920 | 10,921,290 | 9,406,560 | 9,776,450 | 9,609,070 | 9,438,520 | 9,755,020 | 10,243,950 | 10,376,830 | 10,411,320 | 9,971,690 | 9,223,120 | 8,992,170 | 8,451,330 | 9,340,880 | 8,379,710 | 8,992,000 |
| Payables | US$ in thousands | — | — | — | — | 1,288,730 | — | — | 1,630,400 | — | 1,320,660 | — | 1,220,000 | — | 1,206,070 | — | 1,473,420 | — | 1,489,320 | — | — |
| Payables turnover | — | — | — | — | 8.47 | — | — | 5.89 | — | 7.39 | — | 8.51 | — | 8.27 | — | 6.10 | — | 6.27 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $8,617,160K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company pays its creditors by comparing the average accounts payable to the cost of goods sold. A higher ratio indicates that the company is paying its suppliers more quickly.
Looking at the data provided for Dick’s Sporting Goods Inc, we see that the payables turnover ratio fluctuated over the periods:
- July 30, 2022: 6.27
- October 29, 2022: 6.10
- January 28, 2023: 8.27
- April 29, 2023: 8.51
- July 29, 2023: 7.39
- October 28, 2023: 5.89
- February 3, 2024: 8.47
The payables turnover ratio was not calculated or available for certain periods.
Overall, the trend in the payables turnover ratio for Dick’s Sporting Goods Inc shows some variability, with periods of both higher and lower turnover. It is important for the company to maintain an appropriate balance in managing its payables to ensure healthy supplier relationships while also managing cash flow effectively.
Peer comparison
Jan 31, 2025