GameStop Corp (GME)
Days of sales outstanding (DSO)
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | 63.12 | — | — | 52.58 | — | 77.57 | — | 57.69 | — | 37.27 | — | 38.60 | — | 70.50 | — | — | |
DSO | days | — | — | — | — | 5.78 | — | — | 6.94 | — | 4.71 | — | 6.33 | — | 9.79 | — | 9.46 | — | 5.18 | — | — |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days of Sales Outstanding (DSO) is a crucial financial ratio used to evaluate how efficiently a company manages its accounts receivable. GameStop Corp's DSO trend shows fluctuations over the periods provided in the data.
As of July 30, 2022, GameStop had a DSO of 5.18 days, indicating that on average, it took approximately 5 days for the company to collect its accounts receivable. This suggests efficient management of receivables during that period.
The DSO increased to 9.46 days by October 29, 2022, and further to 9.79 days by January 28, 2023. These increases could indicate a slower collection of receivables, potentially due to changes in credit policies or difficulties in collecting outstanding payments.
However, GameStop managed to decrease its DSO to 6.33 days by April 29, 2023, showing improved efficiency in collecting receivables. The trend continued positively with a DSO of 4.71 days on July 29, 2023, and 6.94 days on October 28, 2023.
The data shows that GameStop's DSO fluctuated over the periods, emphasizing the importance of monitoring receivables management to ensure timely collection of payments and maintain a healthy cash flow position. Further analysis beyond the available data points would be necessary to assess the overall effectiveness of GameStop's accounts receivable management strategy.
See also:
GameStop Corp Average Receivable Collection Period (Quarterly Data)