Guess? Inc. (GES)
Working capital 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 2,995,273 | 2,935,701 | 3,088,233 | 3,006,843 | 3,060,147 | 2,851,979 | 2,619,699 | 2,538,327 | 2,456,777 | 2,610,049 | 2,734,401 | 2,798,006 | 2,864,259 | 2,689,165 | 2,545,538 | 2,505,608 | 2,675,593 | 2,832,838 | 2,836,413 | 2,886,010 |
Total current assets | US$ in thousands | 1,141,510 | 1,303,750 | 1,255,860 | 1,207,530 | 1,225,470 | 1,225,470 | 1,228,490 | 1,228,490 | 1,260,070 | 1,260,070 | 1,212,680 | 1,212,680 | 1,211,700 | 1,211,700 | 1,150,530 | 1,150,530 | 1,099,000 | 1,099,000 | 1,023,380 | 1,284,090 |
Total current liabilities | US$ in thousands | 866,423 | 848,783 | 855,514 | 768,118 | 791,557 | 791,557 | 836,394 | 836,394 | 857,305 | 857,305 | 829,033 | 829,033 | 763,052 | 763,052 | 732,727 | 732,727 | 760,319 | 760,319 | 758,491 | 817,874 |
Working capital turnover | 10.89 | 6.45 | 7.71 | 6.84 | 7.05 | 6.57 | 6.68 | 6.47 | 6.10 | 6.48 | 7.13 | 7.29 | 6.38 | 5.99 | 6.09 | 6.00 | 7.90 | 8.36 | 10.71 | 6.19 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,995,273K ÷ ($1,141,510K – $866,423K)
= 10.89
The working capital turnover ratio measures how effectively a company is utilizing its working capital to generate sales revenue. A higher ratio indicates that the company is efficiently using its working capital to support its sales activities.
For Guess? Inc., the working capital turnover ratio has varied over the periods provided. The ratio ranged from a low of 5.99 to a high of 10.89. A higher ratio in January 31, 2025, indicates that Guess? Inc. was able to generate more revenue using its working capital during that period.
It's important to note that a consistently high or increasing working capital turnover ratio may suggest that the company is effectively managing its working capital and is able to quickly convert its assets into sales. On the other hand, a declining ratio may indicate inefficiencies in inventory management or collection of receivables.
Analyzing the trend of the working capital turnover ratio over time can provide insights into Guess? Inc.'s efficiency in managing its working capital and its ability to generate sales from its current assets. Further investigation into the factors influencing the changes in this ratio would be beneficial for a complete understanding of Guess? Inc.'s financial performance.