Helen of Troy Ltd (HELE)
Payables turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 993,259 | 997,370 | 1,011,825 | 1,015,584 | 1,060,857 | 1,081,309 | 1,097,406 | 1,135,450 | 1,173,316 | 1,232,637 | 1,281,758 | 1,246,444 | 1,270,168 | 1,215,359 | 1,214,718 | 1,250,594 | 1,171,497 | 1,142,210 | 1,056,564 | 991,892 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $993,259K ÷ $—K
= —
The payables turnover ratio for Helen of Troy Ltd has not been provided in the financial data available. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its trade credit from suppliers. It indicates how many times during a specific period (usually a year) a company pays off its average accounts payable balance.
Without the specific data points for payables turnover, it is not possible to analyze this ratio for Helen of Troy Ltd. Payables turnover is a crucial ratio in evaluating a company's liquidity and supplier management practices. A higher payables turnover ratio may suggest that the company is efficiently managing its payables, negotiating better payment terms with suppliers, and effectively using trade credit to finance its operations.
On the other hand, a low payables turnover ratio could indicate potential liquidity issues, inefficient use of supplier credit, or strained relationships with suppliers. It is important for investors and analysts to consider the payables turnover ratio along with other financial ratios and metrics to gain a holistic view of a company's financial health and operational efficiency.