PVH Corp (PVH)

Quick ratio

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
Cash US$ in thousands 748,000 559,600 610,000 376,200 707,600 707,600 357,600 357,600 372,800 372,800 373,800 373,800 550,700 550,700 457,000 457,000 699,300 699,300 748,700 748,700
Short-term investments US$ in thousands — — — — — — — — — — — — 700 — — — — — — —
Receivables US$ in thousands — — — — — 793,300 — 1,045,400 — 889,200 — 911,400 — 923,700 — 979,500 — 804,600 — 831,100
Total current liabilities US$ in thousands 2,741,800 2,694,700 2,760,100 1,877,400 2,771,500 2,771,500 2,845,500 2,845,500 3,123,600 3,123,600 2,396,200 2,396,200 2,767,500 2,767,500 2,705,500 2,705,500 2,656,500 2,656,500 2,428,700 2,428,700
Quick ratio 0.27 0.21 0.22 0.20 0.26 0.54 0.13 0.49 0.12 0.40 0.16 0.54 0.20 0.53 0.17 0.53 0.26 0.57 0.31 0.65

February 28, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($748,000K + $—K + $—K) ÷ $2,741,800K
= 0.27

The quick ratio, also known as the acid-test ratio, provides insight into a company's ability to meet its short-term obligations using its most liquid assets. A quick ratio below 1 indicates that a company may have difficulty covering its short-term liabilities with its current assets.

For PVH Corp, the quick ratio fluctuated over the past few years, ranging from a low of 0.12 to a high of 0.65. The lowest quick ratio observed was 0.12 on August 31, 2023, suggesting potential liquidity challenges at that point in time. On the other hand, the highest quick ratio of 0.65 on May 1, 2022, indicates a relatively stronger ability to cover short-term obligations with liquid assets.

Overall, the trend in PVH Corp's quick ratio appears to be somewhat volatile, with fluctuations observed throughout the reporting period. It is essential for investors and stakeholders to monitor this ratio closely to assess the company's liquidity position and its ability to meet short-term financial commitments.