Nordstrom Inc (JWN)
Payables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 9,396,000 | 8,181,000 | 8,840,000 | 8,519,000 | 7,440,000 | 8,399,000 | 6,784,000 | 6,732,000 | 7,207,000 | 7,635,000 | 7,769,000 | 8,035,000 | 7,685,000 | 7,463,000 | 7,436,000 | 7,473,000 | 8,923,000 | 7,914,000 | 8,901,000 | 7,786,000 |
| Payables | US$ in thousands | — | — | — | — | 1,236,000 | — | — | 1,890,000 | — | 1,434,000 | — | 1,674,000 | — | 1,238,000 | — | 2,073,000 | — | 1,747,000 | — | — |
| Payables turnover | — | — | — | — | 6.02 | — | — | 3.56 | — | 5.32 | — | 4.80 | — | 6.03 | — | 3.60 | — | 4.53 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,396,000K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance during a specific period. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly.
Analyzing Nordstrom Inc's payables turnover ratio reveals fluctuations in the efficiency of its payables management over the periods provided. The data shows that the payables turnover ratio was not calculable for several periods due to missing information or zero accounts payable balances for those specific dates.
Examining the available data points, we observe varying levels of payables turnover, with ratios ranging from 3.56 to 6.03. A higher ratio in January 28, 2023, and February 3, 2024, suggests that Nordstrom improved its ability to pay suppliers promptly during these periods. However, in periods where the ratio was lower, such as in October 28, 2023, or January 31, 2024, Nordstrom may have taken longer to settle its accounts payable.
Overall, Nordstrom's payables turnover ratio displays fluctuations, indicating potential changes in the company's credit management practices or supplier relationships. Further analysis and comparison with industry peers would provide additional insights into Nordstrom's payables management effectiveness.
Peer comparison
Jan 31, 2025