Foot Locker Inc (FL)
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 | 5,717,000 | 6,496,000 | 6,915,000 | 6,985,000 | 7,541,000 | 6,539,000 | 6,605,000 | 6,511,000 | 6,418,000 | 6,693,000 | 4,883,000 | 5,011,000 | 5,159,000 | 4,989,000 | 6,853,000 | 6,811,000 | 6,382,000 | 4,946,000 | 4,458,000 | 4,986,000 |
| Payables | US$ in thousands | — | — | — | — | 366,000 | — | — | 593,000 | — | 514,000 | — | 474,000 | — | 492,000 | — | 522,000 | — | 596,000 | — | — |
| Payables turnover | — | — | — | — | 20.60 | — | — | 10.98 | — | 13.02 | — | 10.57 | — | 10.14 | — | 13.05 | — | 8.30 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,717,000K ÷ $—K
= —
The payables turnover ratio for Foot Locker Inc fluctuated over the past few years. It was not calculable in certain periods where payables information was not available. However, when calculable, the payables turnover ratio ranged from 8.30 to 20.60 times, indicating that Foot Locker is able to manage its accounts payable efficiently in those periods. A higher turnover ratio suggests that the company is paying its suppliers more frequently, which can be seen as a positive sign of good financial health and effective working capital management. It is important to monitor this ratio over time to assess the company's ability to effectively manage its payables.
Peer comparison
Jan 31, 2025