Destination XL Group Inc

NASDAQ DXLG

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Destination XL Group Inc Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending April 30, 2024: 1.16%

Destination XL Group Inc Accounts Payable Turnover Ratio 5 year CAGR is 1.16% for the Trailing 12 Months (TTM) ending April 30, 2024, a -80.27% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Destination XL Group Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending April 30, 2023 was 5.03, a -2.77% change year over year.
Destination XL Group Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending April 30, 2022 was 5.17, a 44.49% change year over year.
Destination XL Group Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending April 30, 2021 was 3.58, a 2.30% change year over year.
Destination XL Group Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending April 30, 2020 was 3.50, a -8.55% change year over year.

NASDAQ: DXLG

Destination XL Group Inc

CEO	Mr. Harvey S. Kanter
IPO Date	June 2, 1987
Location	United States
Headquarters	555 Turnpike Street, Canton, MA, United States, 02021
Employees	1,439
Sector	Consumer Cyclical
Industry	Apparel retail

Description

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides vintage-screen T-shirts and wovens under various private labels. The company offers its products under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts.

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