Ulta Beauty Inc (ULTA)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,908,400 | 6,826,200 | 6,826,200 | 6,164,070 | 6,164,070 |
| Payables | US$ in thousands | — | 544,001 | — | — | 559,527 |
| Payables turnover | — | 12.55 | — | — | 11.02 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $6,908,400K ÷ $—K
= —
Ulta Beauty Inc's payables turnover ratio indicates the efficiency with which the company manages its accounts payable. The payables turnover ratio for January 28, 2023, stands at 11.02, suggesting that during this period, Ulta Beauty turned over its accounts payable approximately 11.02 times. However, the data is not available for January 31, 2023, and January 31, 2024.
On February 3, 2024, the payables turnover ratio increased to 12.55, indicating an improvement in the management of accounts payable efficiency. The latest available data for January 31, 2025, is not provided, so we cannot make a comparison for that period.
Overall, a higher payables turnover ratio signifies that Ulta Beauty is efficiently utilizing its credit terms with suppliers and paying off its obligations promptly. Monitoring this ratio over time can provide insights into the company's financial health and operational efficiency in managing its payables.
Peer comparison
Jan 31, 2025