Shoe Carnival Inc (SCVL)
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 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 774,091 | 783,283 | 767,242 | 756,702 | 765,350 | 774,038 | 782,726 | 763,180 | 743,634 | 733,941 | 724,248 | 752,393 | 780,538 | 800,219 | 819,900 | 813,752 | 799,490 | 796,902 | 810,044 | 817,660 |
| Payables | US$ in thousands | — | — | — | — | 58,274 | — | — | 42,944 | — | 77,429 | — | 55,853 | — | 78,850 | — | 88,329 | — | 113,826 | — | — |
| Payables turnover | — | — | — | — | 13.13 | — | — | 17.77 | — | 9.48 | — | 13.47 | — | 10.15 | — | 9.21 | — | 7.00 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $774,091K ÷ $—K
= —
The payables turnover ratio for Shoe Carnival Inc has shown fluctuations over the past few years. From July 30, 2022, to July 29, 2023, there was a consistent increase in the payables turnover ratio from 7.00 to 9.48, indicating that the company was paying off its suppliers more frequently during this period. This trend was further amplified by a significant jump to 17.77 on October 28, 2023, suggesting an improved efficiency in managing its accounts payable.
However, the payables turnover ratio then dropped to 13.13 on February 3, 2024, before showing no data available for the subsequent periods, including January 31, 2024, and the quarters following it. This lack of data makes it difficult to assess the current trend in payables turnover for Shoe Carnival Inc.
In conclusion, based on the available data, Shoe Carnival Inc exhibited an improvement in its payables turnover ratio from 2022 to 2023, but the subsequent missing data leaves uncertainty about the company's recent performance in managing its accounts payable. Further analysis would be required to understand the reasons behind these fluctuations and their implications for the company's financial management strategies.
Peer comparison
Jan 31, 2025