Guess? Inc. (GES)

The number of days of payables for Guess? Inc. has shown variability over the past five years.

As of February 3, 2024, Guess? Inc. had an average payment period of approximately 39.60 days before settling its payables. This indicates that the company takes roughly around 39.60 days to pay off its suppliers and vendors.

Comparing this to previous years, there has been a noticeable improvement in efficiency in managing payables. In January 2023, the number of days of payables was higher at 43.27 days, suggesting a slightly longer payment cycle than the current year.

In contrast, in January 2022 and January 2021, Guess? Inc. had significantly longer payment periods of 83.62 days and 92.97 days, respectively. This could imply that the company was taking a longer time to settle its obligations to suppliers during those years.

In January 2020, the number of days of payables was at 51.11 days, which also indicates a shorter payable cycle compared to 2022 and 2021, but longer than the current year.

Overall, the trend in the number of days of payables for Guess? Inc. shows fluctuations, with the company managing to improve its payment efficiency in recent years. This metric is essential for understanding how quickly a company is able to pay off its debts to suppliers, impacting its cash flow and working capital management.