Guess? Inc. (GES)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,693,778 | 1,918,580 | 1,987,990 | 1,935,373 | 2,187,859 | 1,811,943 | 1,928,213 | 1,906,026 | 1,880,923 | 1,966,912 | 2,079,437 | 2,105,656 | 2,113,684 | 2,029,815 | 1,905,101 | 1,887,393 | 1,738,323 | 1,795,812 | 1,555,146 | 1,558,288 |
| Payables | US$ in thousands | — | — | — | — | 272,830 | — | — | 292,443 | — | 308,614 | — | 274,683 | — | 289,442 | — | 322,967 | — | 340,943 | — | — |
| Payables turnover | — | — | — | — | 8.02 | — | — | 6.52 | — | 6.37 | — | 7.67 | — | 7.01 | — | 5.84 | — | 5.27 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,693,778K ÷ $—K
= —
The payables turnover ratio for Guess? Inc. provides insight into how efficiently the company is managing its accounts payable. The formula for payables turnover is calculated by dividing the total purchases made over a period by the average accounts payable for the same period.
Based on the data provided, the payables turnover ratio for Guess? Inc. varies over the different reporting periods. The ratio ranges from 5.27 to 8.02, indicating fluctuations in the company's management of its accounts payable.
A higher payables turnover ratio suggests that the company is paying off its suppliers more quickly, which can be beneficial for managing cash flows and maintaining strong relationships with vendors. Conversely, a lower ratio may indicate that the company is taking longer to pay its bills, potentially signaling liquidity issues or a less efficient use of resources.
Overall, it is essential for Guess? Inc. to monitor its payables turnover ratio consistently to ensure effective management of its accounts payable and maintain healthy financial operations.