Guess? Inc. (GES)
Working capital 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 |
| Total current assets | US$ in thousands | 1,249,370 | 1,225,470 | 1,225,470 | 1,211,700 | 1,211,700 |
| Total current liabilities | US$ in thousands | 831,332 | 791,557 | 791,557 | 763,052 | 763,052 |
| Working capital turnover | 7.17 | 6.34 | 6.40 | 5.99 | 5.89 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,995,270K ÷ ($1,249,370K – $831,332K)
= 7.17
The working capital turnover for Guess? Inc. has been showing a positive trend over the years, indicating the company's efficiency in utilizing its working capital to generate sales.
As of January 28, 2023, the working capital turnover was 5.89, showing that the company generated $5.89 in sales for every $1 of working capital invested. This ratio slightly improved to 5.99 by January 31, 2023, reflecting a more efficient use of working capital.
By January 31, 2024, the working capital turnover further increased to 6.40, indicating a significant improvement in the company's working capital management. Despite a slight decrease to 6.34 by February 3, 2024, the ratio remained relatively high.
As of January 31, 2025, Guess? Inc. achieved a working capital turnover of 7.17, showcasing a robust performance in converting working capital into sales. This upward trend suggests that the company has been effectively managing its working capital to support its operational activities and drive revenue growth.