Shoe Carnival Inc (SCVL)
Activity ratios
Short-term
Turnover ratios
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.18 | 2.05 | 1.86 | 1.98 | 2.03 | 2.07 | 2.11 | 2.35 | 2.82 | 2.78 | 2.46 | 2.90 | 2.99 | 2.52 | 2.32 | 2.18 | 2.79 | 2.43 | 2.14 | 2.49 |
| Receivables turnover | 453.48 | 382.12 | 305.03 | 397.50 | 413.58 | 165.53 | 121.71 | 91.36 | 93.96 | 126.86 | 151.08 | 154.84 | 137.65 | 114.14 | 140.68 | 147.28 | 380.53 | 417.54 | 424.97 | 512.24 |
| Payables turnover | 12.95 | 17.55 | 9.84 | 13.82 | 10.07 | 9.18 | 7.14 | 6.93 | 11.63 | 11.93 | 7.85 | 7.61 | 12.07 | 13.58 | 5.35 | 7.35 | 11.95 | 10.94 | 6.65 | 12.73 |
| Working capital turnover | 3.33 | 3.48 | 3.65 | 3.85 | 4.04 | 4.27 | 4.52 | 4.85 | 4.61 | 3.81 | 3.98 | 4.41 | 4.35 | 4.48 | 4.81 | 5.00 | 5.00 | 4.81 | 4.83 | 5.09 |
Shoe Carnival Inc's activity ratios provide insights into the efficiency with which the company manages its inventory, receivables, payables, and working capital.
- Inventory turnover: The company's inventory turnover ratio has varied over time, ranging from 1.86 to 2.99. This indicates that on average, inventory is turned over about 2 times a year. A higher ratio suggests more efficient inventory management.
- Receivables turnover: The receivables turnover ratio shows how effectively Shoe Carnival collects payments from customers. The ratio has fluctuated significantly, with values ranging from 91.36 to 512.24. A higher ratio indicates that the company collects its receivables more quickly.
- Payables turnover: The payables turnover ratio reflects how quickly Shoe Carnival pays its suppliers. The company's payables turnover ratio has varied between 5.35 and 17.55, suggesting different payment practices over time. A higher ratio indicates that the company is paying its suppliers more quickly.
- Working capital turnover: The working capital turnover ratio measures how efficiently Shoe Carnival utilizes its working capital to generate revenue. The company's working capital turnover has fluctuated between 3.33 and 5.09, indicating changes in the efficiency of working capital utilization. A higher ratio suggests more efficient use of working capital.
Overall, the analysis of these activity ratios indicates that Shoe Carnival Inc has experienced fluctuations in its efficiency in managing inventory, receivables, payables, and working capital over the periods analyzed. Understanding these ratios can provide valuable insights into the company's operational performance and financial management.
Average number of days
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 167.60 | 178.43 | 196.05 | 184.14 | 179.45 | 176.52 | 173.15 | 155.48 | 129.54 | 131.50 | 148.51 | 125.86 | 122.19 | 144.87 | 157.16 | 167.60 | 130.70 | 150.51 | 170.62 | 146.85 |
| Days of sales outstanding (DSO) | days | 0.80 | 0.96 | 1.20 | 0.92 | 0.88 | 2.21 | 3.00 | 4.00 | 3.88 | 2.88 | 2.42 | 2.36 | 2.65 | 3.20 | 2.59 | 2.48 | 0.96 | 0.87 | 0.86 | 0.71 |
| Number of days of payables | days | 28.19 | 20.80 | 37.08 | 26.40 | 36.24 | 39.75 | 51.13 | 52.65 | 31.38 | 30.58 | 46.51 | 47.98 | 30.23 | 26.88 | 68.17 | 49.64 | 30.56 | 33.38 | 54.90 | 28.67 |
Days of inventory on hand (DOH) for Shoe Carnival Inc have been fluctuating over the past several quarters, ranging from 129.54 days to 196.05 days. This indicates the number of days it takes for the company to sell its inventory, with higher numbers suggesting slower inventory turnover. The trend shows a slight decrease in inventory turnover efficiency in recent quarters.
Days of sales outstanding (DSO) have also varied, ranging from 0.80 days to 4.00 days. DSO measures the average number of days it takes for Shoe Carnival Inc to collect revenue after a sale, with lower numbers indicating faster collections. The company seems to have been able to improve its collection efficiency in the most recent quarters based on the decreasing trend in DSO.
The number of days of payables, which ranged from 20.80 days to 68.17 days, represents the average number of days Shoe Carnival Inc takes to pay its suppliers. Higher numbers suggest the company is taking longer to pay its bills. The trend in payables days appears to be inconsistent, showing fluctuations over the quarters analyzed.
Overall, the company's activity ratios suggest some room for improvement in managing its inventory turnover and payment cycles to maintain liquidity and efficiency in the supply chain.
Long-term
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 6.97 | 7.19 | 7.59 | 8.15 | 8.92 | 9.41 | 10.41 | 11.99 | 15.03 | 17.66 | 18.05 | 18.66 | 15.67 | 15.18 | 14.80 | 14.33 | 15.29 | 14.92 | 14.48 | 14.19 |
| Total asset turnover | 1.13 | 1.16 | 1.16 | 1.26 | 1.28 | 1.33 | 1.42 | 1.53 | 1.64 | 1.62 | 1.52 | 1.54 | 1.52 | 1.54 | 1.40 | 1.48 | 1.65 | 1.59 | 1.48 | 1.63 |
Shoe Carnival Inc's fixed asset turnover ratio has shown a general increasing trend over the periods analyzed, indicating that the company is generating more sales relative to its investment in fixed assets. This suggests improved efficiency in utilizing its fixed assets to generate revenue. The ratio increased from 6.97 in February 2020 to 18.66 in January 2023, before decreasing slightly to 14.19 by May 2019.
On the other hand, the total asset turnover ratio fluctuated within a more narrow range over the same periods, with a slight increasing trend overall. This ratio measures how effectively the company is using all its assets to generate sales. The total asset turnover ratio increased from 1.13 in February 2020 to a peak of 1.65 in November 2019, before settling around 1.48 to 1.62 in the subsequent periods.
Overall, the increasing trend in both fixed asset turnover and total asset turnover ratios suggests that Shoe Carnival Inc has been able to improve its efficiency in generating sales relative to its investment in assets, both fixed and total, over time. This indicates effective asset utilization and operational management by the company.