Guess? Inc. (GES)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.22 | 8.49 | 7.99 | 8.94 | 8.43 | 6.68 | 5.65 | 5.80 | 4.37 | 4.35 | 4.71 | 4.89 | 3.93 | 4.47 | 5.27 | 7.14 | 7.14 | 6.66 | 6.85 | 8.11 | |
| Number of days of payables | days | 39.60 | 42.98 | 45.67 | 40.85 | 43.27 | 54.67 | 64.58 | 62.91 | 83.62 | 83.92 | 77.51 | 74.61 | 92.97 | 81.61 | 69.32 | 51.15 | 51.11 | 54.78 | 53.28 | 44.98 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.22
= 39.60
The number of days of payables for Guess? Inc. has fluctuated over the past few years, ranging from a low of 39.60 days to a high of 92.97 days. The trend seems to show some variability, indicating changes in the company's payment practices or the efficiency of its accounts payable process.
On average, Guess? Inc. takes around 60 days to pay its payables, with some periods showing shorter payment cycles and others longer. This variability could be influenced by factors such as changes in company policies, supplier negotiations, or fluctuations in business operations. It is important for investors and stakeholders to closely monitor these trends to understand the company's working capital management and financial health.