Guess? Inc. (GES)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,694,280 | 2,514,920 | 1,553,950 | 1,538,600 | 2,441,440 |
| Payables | US$ in thousands | — | 272,830 | — | — | 289,442 |
| Payables turnover | — | 9.22 | — | — | 8.43 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,694,280K ÷ $—K
= —
The payables turnover ratio is a liquidity metric that measures how efficiently a company is managing its supplier obligations. A higher payables turnover indicates that the company is paying its suppliers more frequently within a given period.
Based on the data provided for Guess? Inc.'s payables turnover:
- On January 28, 2023, the payables turnover ratio was 8.43 times.
- On January 31, 2023, the data is missing.
- On January 31, 2024, the data is missing.
- On February 3, 2024, the payables turnover ratio improved to 9.22 times.
- On January 31, 2025, the data is missing.
The increase in the payables turnover ratio from 8.43 to 9.22 between January 28, 2023 and February 3, 2024 indicates that Guess? Inc. may have improved its ability to pay off its accounts payable more frequently during this period.
However, the missing data for certain periods limits a comprehensive analysis of the trend in the payables turnover ratio over time. It is important to have complete and consistent data to accurately assess the company's efficiency in managing its supplier payments.