Guess? Inc. (GES)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,995,270 | 2,749,310 | 2,776,530 | 2,687,350 | 2,640,650 |
| Receivables | US$ in thousands | — | 314,769 | — | — | 341,939 |
| Receivables turnover | — | 8.73 | — | — | 7.72 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,995,270K ÷ $—K
= —
The receivables turnover ratio for Guess? Inc. provides insight into how efficiently the company is managing its accounts receivable. The ratio is calculated by dividing net credit sales by the average accounts receivable for the period.
Based on the data provided:
- On January 28, 2023, the receivables turnover ratio was 7.72.
- There is no data available for January 31, 2023, and January 31, 2024.
- On February 3, 2024, the receivables turnover ratio improved to 8.73.
- There is no data available for January 31, 2025.
A higher receivables turnover ratio generally indicates that the company is collecting its outstanding receivables more quickly, which is a positive sign of efficiency. The upward trend seen in the receivables turnover ratio from 2023 to 2024 suggests potential improvement in the company's accounts receivable management.
However, the lack of data for certain periods makes it difficult to draw definitive conclusions about the overall performance of Guess? Inc. in managing its accounts receivable effectively. Further analysis and comparison with industry benchmarks would provide a more comprehensive assessment of the company's receivables turnover efficiency.