Nordstrom Inc (JWN)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,396,000 | 5,345,000 | 9,303,000 | 10,019,000 | 5,126,000 |
| Payables | US$ in thousands | — | 1,236,000 | — | — | 1,238,000 |
| Payables turnover | — | 4.32 | — | — | 4.14 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,396,000K ÷ $—K
= —
The payables turnover ratio for Nordstrom Inc has fluctuated over the past few years. In January 2023, the ratio was 4.14, indicating that the company was able to pay off its accounts payable approximately 4.14 times during that period. However, in January 2024 and January 2025, the payables turnover ratio was not available, denoted by "—".
In February 2024, the payables turnover ratio improved to 4.32, suggesting that Nordstrom was managing its accounts payable more efficiently compared to previous periods. Overall, it appears that Nordstrom's ability to manage its accounts payable has shown some variability, with improvements seen in some periods. Additional data points would be necessary to provide a more comprehensive analysis of Nordstrom Inc's payables turnover trend.
Peer comparison
Jan 31, 2025