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Movado Group Inc   (MOV)
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Movado Group Inc 's Working Capital Ratio

MOV's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 4.26 below Movado Group Inc average.

Within Apparel, Footwear & Accessories industry 8 other companies have achieved higher Working Capital Ratio than Movado Group Inc in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 1089, from total ranking in the second quarter 2023 at 1118.

Explain Working Capital Ratio
How much in Current Assets MOVīs has?
What is the value of MOVīs Current Liabilities?


MOV Working Capital Ratio (Oct 31 2023)
III. Quarter
(Jul 31 2023)
II. Quarter
(Apr 30 2023)
I. Quarter
(Jan 31 2023)
IV. Quarter
(Oct 31 2022)
III. Quarter
Y / Y Current Liabilities Change -23.68 % -23.76 % -16.17 % -5.97 % 14.18 %
Y / Y Current Assets Change -4.51 % -2.86 % 0.08 % 2.4 % 5.17 %
Working Capital Ratio MRQ 4.26 4.39 4.53 3.98 3.41
MOV's Total Ranking # 1089 # 1118 # 1071 # 1285 # 1479
Seq. Current Liabilities Change 3.86 % 4.9 % -18.54 % -13.99 % 3.74 %
Seq. Current Assets Change 0.76 % 1.71 % -7.37 % 0.59 % 2.5 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Apparel, Footwear & Accessories Industry # 9
Consumer Discretionary Sector # 35
Overall Market # 1089


Working Capital Ratio Statistics
High Average Low
7.52 5.1 3.41
(Apr 30 2016)   (Oct 31 2022)




Financial Statements
Movado Group Inc 's Current Liabilities $ 126 Millions Visit MOV's Balance sheet
Movado Group Inc 's Current Assets $ 538 Millions Visit MOV's Balance sheet
Source of MOV's Sales Visit MOV's Sales by Geography


Cumulative Movado Group Inc 's Working Capital Ratio

MOV's Working Capital Ratio for the trailling 12 Months

MOV Working Capital Ratio

(Oct 31 2023)
III. Quarter
(Jul 31 2023)
II. Quarter
(Apr 30 2023)
I. Quarter
(Jan 31 2023)
IV. Quarter
(Oct 31 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -23.68 % -23.76 % -16.17 % -5.97 % 14.18 %
Y / Y Current Assets TTM Growth -4.51 % -2.86 % 0.08 % 2.4 % 5.17 %
Working Capital Ratio TTM 4.28 4.01 3.78 3.64 3.57
Total Ranking TTM # 814 # 940 # 1085 # 1301 # 1354
Seq. Current Liabilities TTM Growth 3.86 % 4.9 % -18.54 % -13.99 % 3.74 %
Seq. Current Assets TTM Growth 0.76 % 1.71 % -7.37 % 0.59 % 2.5 %


On the trailing twelve months basis Current Liabilities decreased faster than Movado Group Inc 's average Current Assets, this led to increase in in Movado Group Inc 's Working Capital Ratio to 4.28, Working Capital Ratio remained below MOV average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Apparel, Footwear & Accessories industry 41 other companies have achieved higher Working Capital Ratio than Movado Group Inc . While Working Capital Ratio overall ranking has improved so far to 787, from total ranking during the twelve months ending second quarter 2023 at 825.

Explain Working Capital Ratio
How much in Current Assets MOVīs has?
What is the value of MOVīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Apparel, Footwear & Accessories Industry # 42
Consumer Discretionary Sector # 179
Within the Market # 1089


trailing twelve months Working Capital Ratio Statistics
High Average Low
6.78 4.8 3.57
(Oct 31 2016)   (Oct 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Oct 31 2023, within Apparel, Footwear & Accessories Industry Working Capital RatioOct 31 2023 MRQ Current AssetsOct 31 2023 MRQ Current Liabilities
Weyco Group inc   8.51 $ 170.689  Millions$ 20.060  Millions
Tandy Leather Factory Inc  6.31 $ 48.172  Millions$ 7.640  Millions
Figs Inc   5.63 $ 395.044  Millions$ 70.221  Millions
Jerash Holdings us Inc   4.96 $ 50.693  Millions$ 10.211  Millions
Allbirds Inc   4.60 $ 235.749  Millions$ 51.244  Millions
Mgo Global Inc   4.38 $ 3.138  Millions$ 0.717  Millions
Crown Crafts Inc  4.28 $ 58.872  Millions$ 13.755  Millions
Movado Group Inc   4.26 $ 538.445  Millions$ 126.389  Millions
Columbia Sportswear Company  4.15 $ 1,882.756  Millions$ 453.275  Millions
Unifi Inc   4.15 $ 277.324  Millions$ 66.826  Millions
Compass Diversified Holdings  3.90 $ 1,315.437  Millions$ 337.089  Millions
Vera Bradley Inc   3.89 $ 221.406  Millions$ 56.967  Millions
On Holding Ag  3.77 $ 1,151.300  Millions$ 305.600  Millions
Albany International Corp   3.53 $ 856.374  Millions$ 242.797  Millions
Rocky Brands Inc   3.45 $ 309.445  Millions$ 89.702  Millions
Carter s Inc  3.25 $ 1,067.886  Millions$ 328.332  Millions
Superior Group Of Companies Inc   3.16 $ 278.827  Millions$ 88.141  Millions
Skechers Usa Inc  3.07 $ 3,767.749  Millions$ 1,228.975  Millions
Nike Inc   3.02 $ 24,250.000  Millions$ 8,026.000  Millions
Deckers Outdoor Corp  2.87 $ 2,179.881  Millions$ 759.390  Millions
G Iii Apparel Group Ltd  2.84 $ 1,713.137  Millions$ 602.344  Millions
Tapestry Inc   2.68 $ 2,409.000  Millions$ 898.600  Millions
Cintas Corporation  2.66 $ 2,987.528  Millions$ 1,125.036  Millions
Kontoor Brands Inc   2.65 $ 1,033.064  Millions$ 389.279  Millions
Steven Madden Ltd   2.57 $ 853.583  Millions$ 331.760  Millions
Ralph Lauren Corporation  2.53 $ 3,394.500  Millions$ 1,339.500  Millions
Capri Holdings Ltd  2.37 $ 1,990.000  Millions$ 838.000  Millions
Innovative Designs Inc   2.34 $ 0.819  Millions$ 0.351  Millions
Gildan Activewear Inc   2.33 $ 1,687.536  Millions$ 724.090  Millions
Lululemon Athletica Inc   2.32 $ 3,364.899  Millions$ 1,448.114  Millions

Date modified: 2023-12-01T15:13:34+00:00



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