Shoe Carnival Inc (SCVL)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 774,091 | 754,492 | 754,492 | 794,071 | 794,071 |
| Payables | US$ in thousands | — | 58,274 | — | — | 78,850 |
| Payables turnover | — | 12.95 | — | — | 10.07 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $774,091K ÷ $—K
= —
The payables turnover ratio for Shoe Carnival Inc provides insight into how efficiently the company is managing its accounts payable. The ratio indicates the number of times the company pays off its suppliers during a specific period.
For Shoe Carnival Inc, the payables turnover ratio fluctuated over the years. In January 28, 2023, the payables turnover ratio was 10.07, suggesting that the company paid its suppliers approximately 10 times during that period. However, on January 31, 2023, and January 31, 2024, the ratios were not available ("—"), indicating a lack of data for those periods.
In February 3, 2024, the payables turnover ratio improved significantly to 12.95, implying that the company managed to pay off its suppliers more frequently during that period. Unfortunately, there is no data available for January 31, 2025, limiting our ability to track the trend further.
Overall, the payables turnover ratio for Shoe Carnival Inc shows variations over the years, with some periods indicating better efficiency in managing accounts payable compared to others. It is important for the company to monitor and maintain an optimal payables turnover ratio to ensure healthy supplier relationships and effective cash flow management.
Peer comparison
Jan 31, 2025