Victoria's Secret & Co (VSCO)
Working capital turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,083,000 | 6,029,000 | 6,093,000 | 6,198,000 | 6,285,000 | 6,459,000 | 6,585,000 | 6,688,000 | |||
| Total current assets | US$ in thousands | 1,533,000 | 1,636,000 | 1,478,000 | 1,435,000 | 1,737,000 | 1,709,000 | 1,552,000 | 1,514,000 | 1,691,000 | 1,609,000 | 1,827,000 |
| Total current liabilities | US$ in thousands | 1,614,000 | 1,368,000 | 1,407,000 | 1,369,000 | 1,579,000 | 1,332,000 | 1,445,000 | 1,451,000 | 1,698,000 | 1,598,000 | 1,435,000 |
| Working capital turnover | — | 22.50 | 85.82 | 93.91 | 39.78 | 17.13 | 61.54 | 106.16 |
February 3, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,083,000K ÷ ($1,533,000K – $1,614,000K)
= —
The working capital turnover ratio for Victoria's Secret & Co has shown significant fluctuations over the past several quarters. The ratio indicates how efficiently the company is using its working capital to generate sales revenue.
In the most recent quarter, the working capital turnover was not provided. However, based on the available data, we can see that the ratio ranged from a low of 17.13 to a high of 106.16 in the past few quarters. This suggests that there have been periods where the company was able to efficiently utilize its working capital to generate a higher level of sales, while in other periods the efficiency was lower.
The trend of the working capital turnover ratio indicates that there may be fluctuations in the company's working capital management practices or sales performance. A high turnover ratio indicates that Victoria's Secret & Co is effectively utilizing its working capital to generate sales, while a low turnover ratio may indicate inefficiencies in working capital management.
Further analysis would be needed to understand the specific reasons behind the fluctuations in the working capital turnover ratio and to assess the overall effectiveness of the company's working capital management strategies.
Peer comparison
Feb 3, 2024