Guess? Inc. (GES)

Short-term

Turnover ratios

Based on the provided data, we can analyze the activity ratios of Guess? Inc. as follows:

1. Inventory Turnover:
- The inventory turnover ratio indicates how efficiently the company manages its inventory. Guess? Inc. had fluctuating inventory turnover ratios over the years, with a low of 3.01 in January 31, 2023, and a high of 5.39 in February 3, 2024. Generally, a higher inventory turnover ratio is favorable as it suggests that inventory is selling quickly.

2. Receivables Turnover:
- The receivables turnover ratio shows how efficiently the company collects payments from its customers. Guess? Inc. had varying data points for receivables turnover, with values provided for only a few years. A higher turnover ratio indicates that the company is collecting receivables more quickly, which is positive for cash flow.

3. Payables Turnover:
- The payables turnover ratio reflects how efficiently the company pays its suppliers and creditors. Similar to receivables turnover, data for payables turnover is available for only a few years. A higher payables turnover ratio suggests that the company is managing its payables well and may have good relationships with suppliers.

4. Working Capital Turnover:
- The working capital turnover ratio measures how efficiently the company generates revenue from its working capital. Guess? Inc. saw an increasing trend in this ratio over the years, reaching a peak of 7.17 in January 31, 2025. A higher working capital turnover ratio indicates effective utilization of working capital to generate sales.

In summary, the activity ratios of Guess? Inc. demonstrate varying levels of efficiency in managing inventory, receivables, payables, and working capital over the years. Further analysis and comparison with industry benchmarks could provide additional insights into the company's operational performance.

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Average number of days

Based on the provided data, we can analyze the activity ratios of Guess? Inc. as follows:

1. Days of Inventory on Hand (DOH):
- As of January 28, 2023, the company had 76.38 days of inventory on hand, indicating that, on average, it takes about 76 days for Guess? Inc. to sell its inventory.
- By January 31, 2023, this metric increased significantly to 121.20 days, which could suggest potential issues with managing inventory levels efficiently.
- Over the subsequent years, the Days of Inventory on Hand fluctuated, with a notable decrease to 67.68 days by February 3, 2024, signaling an improvement in inventory turnover.
- As of January 31, 2025, the metric rose again to 121.21 days, indicating a potential increase in excess inventory levels, which could lead to higher holding costs and reduced liquidity.

2. Days of Sales Outstanding (DSO):
- On January 28, 2023, Guess? Inc. had 47.26 days of sales outstanding, signifying the average number of days it takes for the company to collect revenue from its sales.
- The data for subsequent periods indicates missing information ("— days") for DSO, which hinders a comprehensive analysis of the company's collection efficiency.

3. Number of Days of Payables:
- On January 28, 2023, the company had 43.27 days of payables outstanding, reflecting the average period suppliers give Guess? Inc. to pay its bills.
- Similar to DSO, the data shows missing information ("— days") for the Number of Days of Payables for the subsequent years, limiting the ability to assess the company's payment practices and liquidity management.

Overall, the activity ratios for Guess? Inc., specifically Days of Inventory on Hand and Number of Days of Payables, provide insights into the efficiency of inventory management and payment terms with suppliers. Fluctuations in these ratios over time may indicate changes in operational performance and financial health.

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Long-term

The fixed asset turnover ratio for Guess? Inc. experienced significant fluctuations over the years. In January 2023, the ratio was at a high level of 11.93, indicating that the company generated $11.93 in sales for every dollar invested in fixed assets. However, by January 2024, the ratio was not available (indicated as "—"), suggesting a lack of comparable data. Subsequently, in February 2024, the fixed asset turnover rebounded to 11.88 before data was again unavailable in January 2025.

On the other hand, the total asset turnover ratio showed more stability overall. In January 2023 and January 2024, the ratios were relatively close at 1.09 and 1.07, respectively, indicating that the company generated $1.09 and $1.07 in sales for every dollar invested in total assets during those periods. By February 2024 and January 2025, the total asset turnover stood at 1.06 and 1.08, respectively, pointing to maintained efficiency in utilizing total assets to drive sales.

The fluctuations in the fixed asset turnover ratio may suggest varying efficiency in utilizing fixed assets to generate revenue throughout the years analyzed. In contrast, the more stable total asset turnover ratio implies consistent performance in leveraging total assets to drive sales for Guess? Inc.