Five Below Inc (FIVE)

Payables turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Cost of revenue	US$ in thousands	2,523,860	3,192,100	2,285,540	1,980,820	2,847,580
Payables	US$ in thousands	—	256,275	—	—	221,120
Payables turnover		—	12.46	—	—	12.88

January 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,523,860K ÷ $—K
= —

The payables turnover ratio for Five Below Inc fluctuated during the period under review. As of January 28, 2023, the ratio stood at 12.88, indicating that the company was able to pay off its accounts payable almost 13 times during the year. However, data was not available for January 31, 2023, and January 31, 2024.

On February 3, 2024, the payables turnover ratio decreased to 12.46, suggesting a slight deterioration in the company's ability to manage its payables efficiently compared to the previous year. Unfortunately, data for January 31, 2025, was not provided, making it challenging to assess the trend further.

Overall, Five Below Inc's payables turnover ratio indicates a relatively efficient management of its accounts payable during the period, although a more consistent dataset would be required to draw firmer conclusions about the company's payables management performance.