RH (RH)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,765,821 | 2,026,114 | 1,993,031 | 1,948,908 | 2,268,401 | 1,978,905 | 2,240,895 | 2,221,737 | 2,164,999 | 2,147,686 | 2,162,615 | 2,512,908 | 2,307,633 | 2,691,785 | 2,456,266 | 2,161,593 | 2,405,089 | 2,119,018 | 2,419,017 | 2,472,963 |
| Payables | US$ in thousands | — | — | — | — | 192,345 | — | — | 179,539 | — | 150,339 | — | 156,531 | — | 166,082 | 180,484 | — | 186,319 | — | — | 242,035 |
| Payables turnover | — | — | — | — | 11.79 | — | — | 12.37 | — | 14.29 | — | 16.05 | — | 16.21 | 13.61 | — | 12.91 | — | — | 10.22 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,765,821K ÷ $—K
= —
The payables turnover ratio for RH indicates how quickly the company is able to pay off its suppliers. A higher ratio typically suggests that the company is efficiently managing its payables.
Based on the provided data, the payables turnover ratio for RH has shown fluctuation over the reported periods, ranging from a low of 10.22 to a high of 16.21. The ratio spiked notably in some periods such as January 28, 2023, and April 29, 2023, indicating improved efficiency in paying off suppliers during those times.
However, there are several instances, indicated by "—", where the payables turnover ratio was not reported. This lack of data makes it difficult to assess RH's ability to manage its payables effectively during those periods.
Overall, the trend in the payables turnover ratio for RH shows variability, and it would be beneficial to have consistent data across all periods to provide a more comprehensive analysis of the company's payables management.