Stitch Fix (Stitch Fix) Cash Ratio : 1.10 (As of Jan. 2024)

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What is Stitch Fix Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Stitch Fix's Cash Ratio for the quarter that ended in Jan. 2024 was 1.10.

Stitch Fix has a Cash Ratio of 1.10. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Stitch Fix's Cash Ratio or its related term are showing as below:

SFIX' s Cash Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.09 Max: 2.09
Current: 1.1

During the past 8 years, Stitch Fix's highest Cash Ratio was 2.09. The lowest was 0.68. And the median was 1.09.

SFIX's Cash Ratio is ranked better than
78.77% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 0.37 vs SFIX: 1.10

Stitch Fix Cash Ratio Historical Data

The historical data trend for Stitch Fix's Cash 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.

Stitch Fix Cash Ratio Chart

Stitch Fix Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash Ratio

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1.72

1.35

1.01

0.72

1.08

Stitch Fix Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash Ratio	Get a 7-Day Free Trial															0.85	0.90	1.08	0.97	1.10

Competitive Comparison of Stitch Fix's Cash Ratio

For the Apparel Retail subindustry, Stitch Fix's Cash Ratio, along with its competitors' market caps and Cash 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.

Stitch Fix's Cash Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Stitch Fix's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Stitch Fix's Cash Ratio falls into.

Stitch Fix Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Stitch Fix's Cash Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Cash Ratio (A: Jul. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	257.598	/	238.111
	=	1.08

Stitch Fix's Cash Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash Ratio (Q: Jan. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	229.824	/	209.421
	=	1.10

Stitch Fix (NAS:SFIX) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

Stitch Fix Cash Ratio Related Terms

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Stitch Fix (Stitch Fix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Stitch Fix Inc (NAS:SFIX) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

SYJ:Germany

Address

1 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94104

Website

https://www.stitchfix.com

Stitch Fix Inc offers personal style services for men and women. The company engages in delivering one-to-one personalization to clients through the combination of data science and human judgment. It provides a shipment service called A FIX where the stylist's hand selects items from several merchandise with analysis of client and merchandise data to provide a personalized shipment of apparel, shoes, and accessories suited to the client's needs. The company offers products across categories, brands, product types, and price points including Women's, Petite, Maternity, Men's, and Plus. It also offers various product types, including denim, dresses, blouses, skirts, shoes, jewelry, and handbags, and sells merchandise across various ranges of price points.

Executives

Casey O'connor	officer: Chief Legal Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Sarah Barkema	officer: Chief Accounting Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Matt Baer	director, officer: Chief Executive Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94104
David Aufderhaar	officer: Chief Financial Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94104
Kofi Owusu Amoo-gottfried	director	C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
J William Gurley	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Sachin Dhawan	officer: Chief Technology Officer	C/O BLACKHAWK NETWORK HOLDINGS, INC., 6220 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Working Capital Advisors (uk) Ltd.	10 percent owner	QUERIPEL HOUSE, UNIT 2, 1 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Kirsten A. Lynch	director	390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Mikkel Svane	director	C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Neal Mohan	director	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Elizabeth Goodman Williams	director	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Katrina Lake	director, officer: Chief Executive Officer	111 W. WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Mike C. Smith	officer: Chief Operating Officer	STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Dan Jedda	officer: Chief Financial Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104