PVH Corp (PVH)
Number of days of payables
| Feb 4, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.59 | 2.94 | 3.14 | 2.99 | 5.12 | |
| Number of days of payables | days | 101.65 | 124.19 | 116.32 | 122.28 | 71.28 |
February 4, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.59
= 101.65
PVH Corp's number of days of payables has shown fluctuations over the past five years. As of February 4, 2024, PVH Corp takes approximately 101.65 days to pay its suppliers, a decrease from the previous year when it took 124.19 days. The current number of days is also lower compared to two years ago, reflecting improved efficiency in managing payables. However, it is slightly higher than the figures from three and five years ago, indicating a potential need for closer monitoring of payables turnover. Overall, the trend in the number of days of payables suggests a mix of proactive management and potential areas for further optimization.
Peer comparison
Feb 4, 2024