Guess? Inc. (GES)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 8.02 | — | — | 6.52 | — | 6.37 | — | 7.67 | — | 7.01 | — | 5.84 | — | 5.27 | — | — | |
| Number of days of payables | days | — | — | — | — | 45.52 | — | — | 56.00 | — | 57.27 | — | 47.61 | — | 52.05 | — | 62.46 | — | 69.30 | — | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Guess? Inc. has shown fluctuations over the periods provided. As of July 30, 2022, the company took an average of 69.30 days to pay its suppliers. This number decreased to 62.46 days as of October 29, 2022, indicating a potential improvement in the management of payables.
The trend continued with a further decrease to 52.05 days as of January 28, 2023, suggesting an even more efficient payment cycle. However, this figure increased slightly to 57.27 days by July 29, 2023, before dropping back to 56.00 days on October 28, 2023.
Subsequently, the number of days of payables was inconsistent, as it was not reported for various periods. However, by February 3, 2024, the days of payables stood at 45.52 days, possibly indicating more timely payments.
Overall, the trend in the number of days of payables for Guess? Inc. showcases fluctuations but also hints at efforts to manage payables efficiently to maintain positive working capital levels.