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PVH Current Ratio

: 1.39 (As of Apr. 2022)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. PVH's current ratio for the quarter that ended in Apr. 2022 was 1.39.

PVH has a current ratio of 1.39. It generally indicates good short-term financial strength.

The historical rank and industry rank for PVH's Current Ratio or its related term are showing as below:

PVH' s Current Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.48   Max: 4.13
Current: 1.39

During the past 13 years, PVH's highest Current Ratio was 4.13. The lowest was 1.31. And the median was 2.48.

PVH's Current Ratio is ranked worse than
62.91% of 1073 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.67 vs PVH: 1.39

PVH Current Ratio Historical Data

The historical data trend for PVH's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PVH Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 1.71 1.44 1.53 1.31

PVH Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 1.48 1.45 1.31 1.39

Competitive Comparison

For the Apparel Manufacturing subindustry, PVH's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

PVH Current Ratio Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Current Ratio distribution charts can be found below:

* The bar in red indicates where PVH's Current Ratio falls into.



PVH Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

PVH's Current Ratio for the fiscal year that ended in Jan. 2022

Current Ratio (A: Jan. 2022 )=Total Current Assets (A: Jan. 2022 )/Total Current Liabilities (A: Jan. 2022 )
=3653.7/2787.5
=1.31

PVH's Current Ratio for the quarter that ended in Apr. 2022 is calculated as

Current Ratio (Q: Apr. 2022 )=Total Current Assets (Q: Apr. 2022 )/Total Current Liabilities (Q: Apr. 2022 )
=3365/2428.7
=1.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PVH  (NYSE:PVH) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


PVH Current Ratio Related Terms

Thank you for viewing the detailed overview of PVH's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PVH Business Description

PVH logo
Address
200 Madison Avenue, New York, NY, USA, 10016
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. PVH's leading designer brands, Calvin Klein and Tommy Hilfiger, generate nearly all its revenue after it disposed of most of its smaller brands in 2021. PVH distributes its clothing wholesale to retailers and through company-owned stores. The company traces its history to 1881 and is based in New York City.
Executives
Donnelly Trish officer: CEO, PVH Americas/CK Global C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Calbert Michael M director C/O DOLLAR GENERAL CORPORATION 100 MISSION RIDGE GOODLETTSVILLE TN 37072
Fuller Julie officer: Chief People Officer 200 MADISON AVENUE NEW YORK NY 10016
Coughlin Zachary officer: EVP, Chief Financial Officer 285 MADISON AVENUE NEW YORK NY 10017
Perlman Dana officer: EVP & Chief Strategy Officer C/O 200 MADISON AVENUE NEW YORK NY 10016
Hagman Martijn officer: CEO, PVH Europe C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Larsson Stefan director, officer: Chief Executive Officer TWO FOLSOM STREET SAN FRANCISCO CA 94105
Fischer Mark D officer: EVP, General Counsel & Sec. C/O PHILLIPS-VAN HEUSEN CORPORATION 200 MADISON AVENUE NEW YORK NY 10016
Nasella Henry director
Holmes James officer: EVP, Interim CFO & Controller C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Shaffer Michael A officer: EVP, COO and CFO C/O PHILLIPS-VAN HEUSEN CORPORATION 200 MADISON AVENUE NEW YORK NY 10016
Chirico Emanuel director 7 NEW YORK PLACE BRONSVILLE NY 10708
Sourry Knox Judith Amanda director C/O 200 MADISON AVENUE NEW YORK NY 10016
Cheeks George director, Director 200 MADISON AVENUE NEW YORK NY 10016
Peterson Allison director 7601 PENN AVENUE SOUTH RICHFIELD MN 55423

PVH Headlines

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