Victoria's Secret & Co (VSCO)
Quick ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 227,000 | 161,000 | 169,000 | 105,000 | 270,000 | 270,000 | 124,000 | 124,000 | 131,000 | 131,000 | 132,000 | 132,000 | 427,000 | 427,000 | 126,000 | 126,000 | 201,000 | 201,000 | 204,000 | 490,000 |
| Short-term investments | US$ in thousands | -66,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 152,000 | — | — | 139,000 | — | 140,000 | — | 126,000 | — | 141,000 | — | 184,000 | — | 149,000 | — | — |
| Total current liabilities | US$ in thousands | 1,375,000 | 1,526,000 | 1,494,000 | 1,435,000 | 1,614,000 | 1,614,000 | 1,368,000 | 1,368,000 | 1,407,000 | 1,407,000 | 1,369,000 | 1,369,000 | 1,579,000 | 1,579,000 | 1,332,000 | 1,332,000 | 1,445,000 | 1,445,000 | 1,451,000 | 1,698,000 |
| Quick ratio | 0.12 | 0.11 | 0.11 | 0.07 | 0.26 | 0.17 | 0.09 | 0.19 | 0.09 | 0.19 | 0.10 | 0.19 | 0.27 | 0.36 | 0.09 | 0.23 | 0.14 | 0.24 | 0.14 | 0.29 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($227,000K
+ $-66,000K
+ $—K)
÷ $1,375,000K
= 0.12
The quick ratio of Victoria's Secret & Co over the reported periods fluctuated between 0.07 and 0.36. This ratio indicates the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 suggests that Victoria's Secret & Co may have difficulty meeting its short-term liabilities using its current assets that can quickly be converted to cash.
The lowest quick ratio of 0.07 was recorded on April 30, 2024, indicating a potential risk in fulfilling short-term obligations with available liquid assets at that point in time. On the other hand, the highest quick ratio of 0.36 was reported on January 28, 2023, which implies a better ability to cover short-term liabilities with current liquid assets.
Overall, the fluctuation in the quick ratio of Victoria's Secret & Co suggests varying degrees of liquidity and potential challenges in meeting short-term obligations with available liquid assets during the reported periods.
Peer comparison
Jan 31, 2025