G-III Apparel Group Ltd (GIII)

Payables turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Cost of revenue (ttm) US$ in thousands 1,893,069 1,876,356 1,853,394 1,867,621 1,864,787 1,946,476 2,046,451 2,039,661 2,125,591 2,048,531 1,982,741 1,896,626 1,778,349 1,621,175 1,482,099 1,354,415 1,310,704 1,475,584 1,676,162 1,925,766
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

January 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,893,069K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for G-III Apparel Group Ltd is not available for the period from April 30, 2020, to January 31, 2025. The payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance during a specific period.

Without the specific values for accounts payable and cost of goods sold for the periods listed, it is not possible to calculate the payables turnover ratio for G-III Apparel Group Ltd. However, a higher payables turnover ratio generally indicates that the company is managing its accounts payable more efficiently by paying suppliers more quickly.

It is important to note that a low or declining payables turnover ratio could suggest liquidity issues or potential problems with the company's supplier relationships. Companies generally aim for a balance in their payables turnover ratio to maintain good relationships with suppliers while also optimizing their working capital management.