PVH Corp (PVH)
Payables turnover
Feb 28, 2025 | Feb 29, 2024 | Feb 4, 2024 | Feb 28, 2023 | Jan 29, 2023 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 3,510,400 | 3,854,500 | 3,854,500 | 3,901,300 | 3,901,300 |
Payables | US$ in thousands | — | — | 1,073,400 | — | 1,327,400 |
Payables turnover | — | — | 3.59 | — | 2.94 |
February 28, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,510,400K ÷ $—K
= —
To analyze PVH Corp's payables turnover, we calculated the ratio by dividing the cost of goods sold by the average accounts payable for the period. Based on the available data provided:
- As of January 29, 2023, the payables turnover ratio was 2.94.
- As of February 4, 2024, the payables turnover ratio increased to 3.59.
The absence of data for February 28, 2023, February 29, 2024, and February 28, 2025, prevents us from conducting a comprehensive trend analysis. However, the increase in the payables turnover ratio from 2.94 to 3.59 between January 29, 2023, and February 4, 2024, indicates that PVH Corp is taking fewer days to pay its suppliers, which may signify improved efficiency in managing its accounts payable.
Further examination of subsequent periods' data would be required to identify any consistent trends and assess the company's overall payables management performance effectively.
Peer comparison
Feb 28, 2025