GameStop Corp (GME)
Fixed asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,823,000 | 5,272,800 | 5,272,800 | 5,927,200 | 5,927,200 |
| Property, plant and equipment | US$ in thousands | — | 94,900 | — | 697,300 | 136,500 |
| Fixed asset turnover | — | 55.56 | — | 8.50 | 43.42 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,823,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for GameStop Corp, the fixed asset turnover ratios fluctuate over the years.
In January 2023, the fixed asset turnover ratio was calculated at an impressive 43.42, indicating that GameStop was generating $43.42 in revenue for every $1 of fixed assets held during that period. This suggests that the company was efficiently utilizing its fixed assets to generate sales.
However, by January 2024, the data is marked as "—," indicating that the fixed asset turnover ratio may not be available for that period. This lack of information makes it difficult to assess the company's performance in terms of utilizing fixed assets to generate revenue during that specific time frame.
Moving on to February 3, 2024, the fixed asset turnover ratio significantly increased to 55.56, which suggests an even more efficient use of fixed assets to generate revenue compared to the previous period.
In January 2025, the data is again marked as "—," indicating a lack of information for that period, making it challenging to provide insights into GameStop's fixed asset turnover ratio for that period.
Overall, based on the available data points, it appears that GameStop's fixed asset turnover ratio has shown fluctuations, with some periods reflecting strong efficiency in utilizing fixed assets to generate revenue. However, the missing data for certain periods limits a comprehensive analysis of the trend over time.