Shoe Carnival Inc (SCVL)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,202,885 | 1,220,115 | 1,193,399 | 1,180,617 | 1,200,166 | 1,214,612 | 1,229,058 | 1,190,328 | 1,151,598 | 1,147,762 | 1,143,926 | 1,204,403 | 1,264,880 | 1,286,369 | 1,307,858 | 1,283,724 | 1,255,434 | 1,256,537 | 1,300,605 | 1,339,414 |
| Total current assets | US$ in thousands | 536,144 | 527,040 | 537,096 | 504,953 | 481,338 | 481,338 | 462,039 | 462,039 | 485,364 | 485,364 | 453,550 | 453,550 | 469,723 | 469,723 | 464,434 | 464,434 | 476,932 | 476,932 | 471,199 | 442,032 |
| Total current liabilities | US$ in thousands | 130,425 | 135,765 | 159,990 | 149,197 | 127,875 | 127,875 | 121,429 | 121,429 | 154,763 | 154,763 | 135,244 | 135,244 | 157,285 | 157,285 | 163,757 | 163,757 | 189,242 | 189,242 | 199,367 | 153,708 |
| Working capital turnover | 2.96 | 3.12 | 3.16 | 3.32 | 3.40 | 3.44 | 3.61 | 3.49 | 3.48 | 3.47 | 3.59 | 3.78 | 4.05 | 4.12 | 4.35 | 4.27 | 4.36 | 4.37 | 4.78 | 4.65 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,202,885K ÷ ($536,144K – $130,425K)
= 2.96
Shoe Carnival Inc's working capital turnover has shown a declining trend over the past few years based on the data provided. The ratio decreased from 4.65 in January 31, 2022, to 2.96 in January 31, 2025. This indicates that the company is generating less revenue relative to its working capital. A lower working capital turnover ratio may suggest inefficiencies in managing working capital or a slowdown in sales compared to the investment in current assets. It is important for the company to closely monitor and manage its working capital turnover to ensure optimal utilization of resources and efficient operations.
Peer comparison
Jan 31, 2025