PVH Corp (PVH)

Current ratio

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Total current assets	US$ in thousands	3,259,700	3,580,400	3,653,700	3,943,700	3,394,200
Total current liabilities	US$ in thousands	2,771,500	2,767,500	2,787,500	2,582,400	2,361,100
Current ratio		1.18	1.29	1.31	1.53	1.44

February 4, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,259,700K ÷ $2,771,500K
= 1.18

The current ratio of PVH Corp has exhibited a declining trend over the past five years. As of February 4, 2024, the current ratio stands at 1.18, which is lower compared to previous years. A current ratio of 1.18 indicates that PVH Corp may have slightly decreased liquidity and may face challenges in meeting its short-term obligations with its current assets. It is important for investors and creditors to monitor the company's liquidity position closely, as a decreasing current ratio could potentially signal financial strain. PVH Corp should focus on managing its current assets and liabilities effectively to maintain a healthy level of liquidity in the future.