Urban Outfitters Inc (URBN)
Activity ratios
Short-term
Turnover ratios
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.23 | 4.70 | 5.77 | 5.72 | 5.72 | 4.46 | 4.65 | 5.01 | 5.36 | 4.61 | 5.78 | 5.52 | 6.60 | 5.30 | 7.43 | 8.03 | 6.66 | 5.01 | 5.98 | 6.42 |
| Receivables turnover | 76.73 | 65.18 | 62.43 | 45.94 | 68.08 | 58.24 | 48.26 | 48.15 | 71.34 | 37.69 | 43.88 | 44.40 | 38.18 | 40.16 | 58.23 | 65.80 | 44.96 | 39.41 | 41.27 | 44.75 |
| Payables turnover | 13.52 | 10.63 | 12.51 | 12.81 | 13.05 | 10.17 | 9.32 | 10.64 | 10.04 | 9.16 | 11.63 | 10.47 | 10.84 | 7.42 | 12.62 | 25.75 | 16.26 | 11.43 | 14.46 | 15.04 |
| Working capital turnover | 17.83 | 11.46 | 12.11 | 12.98 | 13.79 | 14.09 | 15.63 | 16.23 | 14.95 | 13.44 | 9.22 | 9.73 | 10.83 | 8.25 | 7.04 | 12.54 | 9.57 | 9.80 | 10.49 | 8.05 |
The inventory turnover ratio measures how efficiently Urban Outfitters Inc is managing its inventory. Over the past few quarters, the company's inventory turnover has been fluctuating, with a general trend of improvement seen in recent periods. Urban Outfitters Inc had an inventory turnover of 6.23 in January 2024, indicating that the company sold and replaced its inventory approximately 6.23 times during that period.
The receivables turnover ratio reflects how quickly the company is collecting payments from its customers. Urban Outfitters Inc's receivables turnover has also shown variability, but overall, there has been a positive trend in recent quarters. A receivables turnover of 76.73 in January 2024 indicates that the company collected payments from customers approximately 76.73 times during that period.
The payables turnover ratio measures how quickly the company pays its suppliers. Urban Outfitters Inc has been consistent in managing its payables turnover, with fluctuations observed in between. A payables turnover of 13.52 in January 2024 suggests that the company paid its suppliers approximately 13.52 times during that period.
The working capital turnover ratio evaluates how efficiently the company is using its working capital to generate sales. Urban Outfitters Inc's working capital turnover has also shown some fluctuations, with an overall improving trend recently. With a working capital turnover of 17.83 in January 2024, the company generated sales approximately 17.83 times relative to its working capital during that period.
Overall, Urban Outfitters Inc has displayed a mixture of fluctuations and improvements in its activity ratios, indicating some variability in its operational efficiency over the past quarters. The company should continue monitoring and managing these ratios to ensure optimal utilization of resources and sustained profitability.
Average number of days
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 58.62 | 77.60 | 63.28 | 63.83 | 63.79 | 81.76 | 78.50 | 72.84 | 68.07 | 79.25 | 63.11 | 66.13 | 55.28 | 68.81 | 49.10 | 45.44 | 54.77 | 72.91 | 61.06 | 56.88 |
| Days of sales outstanding (DSO) | days | 4.76 | 5.60 | 5.85 | 7.95 | 5.36 | 6.27 | 7.56 | 7.58 | 5.12 | 9.69 | 8.32 | 8.22 | 9.56 | 9.09 | 6.27 | 5.55 | 8.12 | 9.26 | 8.85 | 8.16 |
| Number of days of payables | days | 26.99 | 34.35 | 29.18 | 28.50 | 27.97 | 35.90 | 39.14 | 34.30 | 36.35 | 39.87 | 31.38 | 34.87 | 33.68 | 49.20 | 28.93 | 14.17 | 22.45 | 31.95 | 25.25 | 24.27 |
Days of inventory on hand (DOH) measures the number of days a company takes to sell its entire inventory. A lower number indicates efficient inventory management, while a higher number suggests potential overstocking or slow-moving inventory. Urban Outfitters Inc's DOH has fluctuated over the past quarters, ranging from 45.44 days to 81.76 days. It shows a recent decline from 77.60 days in October 2023 to 58.62 days in January 2024, indicating improved inventory management efficiency.
Days of sales outstanding (DSO) indicates the average number of days it takes for a company to collect payment after making a sale. Lower DSO signifies faster collection of receivables, while a higher DSO may indicate credit issues or inefficient collection processes. Urban Outfitters Inc has seen fluctuating DSO numbers, ranging from 4.76 days to 9.69 days. The DSO trend shows improvement, decreasing from 5.60 days in October 2023 to 4.76 days in January 2024, indicating efficient accounts receivable management.
Number of days of payables measures how long a company takes to pay its suppliers. A longer payable period suggests better cash flow management but may also indicate strained supplier relationships. Urban Outfitters Inc's payable days have varied between 14.17 days to 49.20 days. There was a notable decrease in payable days from 34.35 days in October 2023 to 26.99 days in January 2024, indicating a potential improvement in supplier payment efficiency.
Overall, Urban Outfitters Inc's activity ratios show a positive trend in inventory and accounts receivable management, with improvements in inventory turnover and collection of receivables. The company's payable days have also reduced, indicating better management of supplier payments.
Long-term
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 4.00 | 3.96 | 4.04 | 4.04 | 4.03 | 4.04 | 4.09 | 4.06 | 3.97 | 3.95 | 3.95 | 3.83 | 3.55 | 3.76 | 3.96 | 4.18 | 4.46 | 4.42 | 4.53 | 4.77 |
| Total asset turnover | 1.25 | 1.23 | 1.24 | 1.28 | 1.30 | 1.27 | 1.29 | 1.28 | 1.20 | 1.11 | 1.11 | 1.06 | 0.97 | 0.99 | 1.03 | 1.10 | 1.20 | 1.19 | 1.25 | 1.22 |
The fixed asset turnover ratio for Urban Outfitters Inc has ranged from 3.55 to 4.09 over the past 20 quarters, indicating that the company generates between $3.55 and $4.09 in sales revenue for every dollar invested in fixed assets. The stable nature of this ratio suggests that Urban Outfitters is efficiently utilizing its fixed assets to generate sales.
On the other hand, the total asset turnover ratio has fluctuated between 0.97 and 1.30 during the same period. This ratio signifies that the company is generating between $0.97 and $1.30 in sales for every dollar of total assets. The variability in the total asset turnover ratio may indicate changes in the efficiency of the company's overall asset utilization.
Overall, the fixed asset turnover ratio indicates strong efficiency in generating sales from fixed assets, while the total asset turnover ratio suggests some variability in the efficiency of using all assets to generate revenue.