PVH Corp (PVH)
Number of days of payables
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.59 | 3.97 | 3.18 | 3.69 | 2.94 | 2.90 | 2.79 | 3.64 | 3.14 | 3.60 | 3.56 | 3.45 | 2.99 | 3.17 | 3.59 | 5.28 | 5.12 | 5.70 | 4.76 | 6.30 | |
| Number of days of payables | days | 101.65 | 92.00 | 114.93 | 98.85 | 124.19 | 125.70 | 130.63 | 100.33 | 116.32 | 101.50 | 102.46 | 105.92 | 122.28 | 115.17 | 101.76 | 69.14 | 71.28 | 64.07 | 76.74 | 57.95 |
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 fluctuated over the period analyzed. The trend suggests that the company takes an average of around 100 days to pay its suppliers. However, there are periods where the number of days of payables is notably higher, reaching up to 130 days. This may indicate delays in payment processing or changes in the company's payment behavior. On the other hand, there are instances where the number of days of payables is lower, around 70 days, which could indicate improved efficiency in managing payables. Overall, a consistent analysis of PVH Corp's payables management and cash flow is recommended to understand the factors influencing these fluctuations.
Peer comparison
Feb 4, 2024