Accounts Receivable (Tables)

6 Months Ended

Jul. 30, 2022

Receivables [Abstract]

Accounts Receivable By Portfolio Segment

The following table presents the components of Signet’s accounts receivable:

(in millions)	July 30, 2022		January 29, 2022		July 31, 2021
Accounts receivable, trade	$	35.6	$	18.3	$	10.7
Accounts receivable, held for sale	—		1.6		3.2
Accounts receivable	$	35.6	$	19.9	$	13.9

Financing Receivable, Allowance for Credit Loss

The following table is a rollforward of the Company’s allowance for credit losses on customer in-house finance receivables:

	13 weeks ended		26 weeks ended
(in millions)	July 31, 2021		July 31, 2021
Beginning balance	$	21.4	$	25.5
Provision for credit losses	0.8		(0.4)
Write-offs	(2.6)		(5.5)
Reversal of allowance on receivables sold	(19.6)		(19.6)
Ending balance	$	—	$	—