Victoria's Secret & Co (VSCO)
Payables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,951,070 | 4,489,000 | 4,865,700 | 4,787,412 | 5,261,412 | 4,371,709 | 4,523,009 | 4,590,283 | 4,648,283 | 4,984,986 | 3,583,986 | 3,540,000 | 3,419,000 | 3,128,000 | 4,545,000 | 4,646,000 | 4,693,190 | 5,549,190 | 5,002,257 | 5,373,257 |
| Payables | US$ in thousands | — | — | — | — | 513,000 | — | — | 449,000 | — | 529,000 | — | 388,000 | — | 481,000 | — | 397,000 | — | 490,000 | — | — |
| Payables turnover | — | — | — | — | 10.26 | — | — | 10.22 | — | 9.42 | — | 9.12 | — | 6.50 | — | 11.70 | — | 11.32 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,951,070K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is managing its accounts payable by calculating the number of times a company pays off its average accounts payable balance during a specific period. A higher payables turnover ratio indicates that the company is paying off its suppliers more frequently.
Based on the data provided for Victoria's Secret & Co, the payables turnover ratio fluctuates over the years. The highest payables turnover ratio was 11.70 in October 29, 2022, indicating the company was able to pay off its accounts payable almost 12 times during that period. This suggests efficient management of payables.
However, there are periods where the payables turnover ratio dropped significantly, such as in January 28, 2023, with a ratio of 6.50, and then improved in subsequent periods. This could indicate variability in the company's payment terms or business operations affecting how quickly they settle their payables.
It is important for Victoria's Secret & Co to closely monitor and manage their payables turnover ratio to ensure efficient use of their working capital and maintain good relationships with their suppliers. Variations in the ratio could also provide insights into the company's financial health and cash flow management practices.
Peer comparison
Jan 31, 2025