PVH Corp (PVH)

Payables turnover

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 4, 2024	Nov 30, 2023	Oct 29, 2023	Aug 31, 2023	Jul 30, 2023	May 31, 2023	Apr 30, 2023	Feb 28, 2023	Jan 29, 2023	Nov 30, 2022	Oct 30, 2022	Aug 31, 2022	Jul 31, 2022	May 31, 2022	May 1, 2022
Cost of revenue (ttm)	US$ in thousands	3,510,400	3,503,400	3,553,600	3,748,700	4,019,000	3,970,400	3,916,400	3,800,500	3,684,600	3,848,100	4,011,600	4,110,600	4,209,600	4,023,900	3,838,200	3,715,600	3,593,000	3,693,900	3,794,800	3,898,200
Payables	US$ in thousands	—	—	—	—	—	1,073,400	—	999,100	—	1,242,900	—	1,063,000	—	1,327,400	—	1,314,300	—	1,359,000	—	1,062,200
Payables turnover		—	—	—	—	—	3.70	—	3.80	—	3.10	—	3.87	—	3.03	—	2.83	—	2.72	—	3.67

February 28, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,510,400K ÷ $—K
= —

The payables turnover ratio for PVH Corp provides insights into how efficiently the company is managing its accounts payable. The increasing trend in the payables turnover ratio from May 2022 to November 2023 suggests that the company is paying its suppliers more frequently within a shorter time period.

However, the absence of data in some months, such as May 2022, August 2022, and February 2024, indicates potential inconsistencies in the payment cycle or reporting practices. It is essential to have consistent and complete data to accurately evaluate the performance of the payables turnover ratio.

Overall, a higher payables turnover ratio signifies that PVH Corp is effectively managing its accounts payable by paying suppliers promptly, which can lead to better relationships with suppliers and potential discounts for early payments. Monitoring this ratio over time can help assess the company's liquidity and operational efficiency.