Shoe Carnival Inc (SCVL)
Cash conversion cycle
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 181.82 | 167.60 | 167.60 | 179.45 | 179.45 |
| Days of sales outstanding (DSO) | days | — | 0.80 | — | — | 0.88 |
| Number of days of payables | days | — | 28.19 | — | — | 36.24 |
| Cash conversion cycle | days | 181.82 | 140.21 | 167.60 | 179.45 | 144.08 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 181.82 + — – —
= 181.82
The cash conversion cycle of Shoe Carnival Inc has shown some variability over the past few years. In January 2023, the company had a cash conversion cycle of 144.08 days, which increased to 179.45 days by January 31, 2023. However, the cycle improved to 167.60 days by January 31, 2024, and further decreased to 140.21 days by February 3, 2024. Nevertheless, by January 31, 2025, the cash conversion cycle had increased to 181.82 days. This fluctuation suggests that Shoe Carnival Inc may be experiencing challenges in managing its cash flow and working capital efficiently. Further analysis of the company's operational and financial strategies may be warranted to address these fluctuations and improve cash conversion cycle management.
Peer comparison
Jan 31, 2025