Ralph Lauren Corp Class A (RL)

Payables turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cost of revenue US$ in thousands 2,226,100 2,199,600 2,277,800 2,071,000 1,539,400
Payables US$ in thousands 436,000 332,200 371,600 448,700 355,900
Payables turnover 5.11 6.62 6.13 4.62 4.33

March 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,226,100K ÷ $436,000K
= 5.11

Ralph Lauren Corp Class A has exhibited a steady increase in its payables turnover ratio over the past five years, indicating an improvement in managing its accounts payable. The payables turnover ratio has increased from 4.33 in March 2021 to 5.11 in March 2025, with notable jumps in the years 2023 and 2024. This suggests that the company is able to pay off its suppliers more frequently within a given period, reflecting efficient liquidity management and possibly improved supplier relationships. Overall, the rising trend in payables turnover ratio demonstrates Ralph Lauren Corp Class A's ability to efficiently utilize its accounts payable to support its operations and maintain healthy working capital levels.


Peer comparison

Mar 31, 2025