Guess? Inc. (GES)
Number of days of payables
| 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 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | 8.02 | — | — | 6.52 | — | 6.37 | — | 7.67 | — | 7.01 | — | 5.84 | — | 5.27 | — | — | 4.49 | |
| Number of days of payables | days | — | — | — | 45.52 | — | — | 56.00 | — | 57.27 | — | 47.61 | — | 52.05 | — | 62.46 | — | 69.30 | — | — | 81.27 |
October 31, 2024 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. From January 29, 2022, where it was reported at 81.27 days, it decreased to 69.30 days by July 30, 2022, before further dropping to 52.05 days by January 28, 2023. Subsequently, it increased to 57.27 days by July 29, 2023, followed by a slight decline to 56.00 days by October 28, 2023. The latest available data on February 3, 2024, shows a decrease to 45.52 days.
The trend indicates that Guess? Inc. has been able to manage its payables effectively by extending the number of days taken to pay suppliers over some periods, which may have positively impacted cash flow and working capital management. However, it is essential to monitor any significant deviations in the number of days of payables to ensure sustainable and healthy financial operations.
Regarding the missing data points (indicated by "\u2014 days"), it is crucial to obtain and monitor these figures in future reports to provide a more comprehensive understanding of Guess? Inc.'s payment practices and financial health.