Oxford Industries Inc (OXM)

Payables turnover

		Feb 28, 2025	Feb 29, 2024	Feb 3, 2024	Feb 28, 2023	Jan 28, 2023
Cost of revenue	US$ in thousands	562,030	575,890	1,529,060	522,673	1,226,210
Payables	US$ in thousands	—	—	85,545	—	94,611
Payables turnover		—	—	17.87	—	12.96

February 28, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $562,030K ÷ $—K
= —

The payables turnover ratio is a measure of how efficiently a company is managing its accounts payable. A higher turnover ratio indicates that the company is paying off its suppliers more quickly.

Based on the data provided for Oxford Industries Inc, the payables turnover ratio was 12.96 on January 28, 2023, 17.87 on February 3, 2024, and not available for February 28, 2023, February 29, 2024, and February 28, 2025.

The significant increase in the payables turnover ratio from 12.96 to 17.87 between January 28, 2023, and February 3, 2024, suggests that Oxford Industries Inc has been more efficient in managing its accounts payable during that period. This may be indicative of the company negotiating better payment terms with its suppliers, improving its cash flow position, or simply streamlining its payment processes.

However, the lack of data for the rest of the periods makes it challenging to draw a conclusive trend over time. It would be beneficial to have more consistent data points to analyze the company's payables turnover ratio more accurately and identify any long-term patterns or changes in the company's payables management practices.