GameStop Corp (GME)

The number of days of payables for GameStop Corp shows a fluctuating trend over the reported periods. Notably, the data indicates that GameStop increased its number of days of payables from 13.96 days on July 30, 2022, to 88.06 days on October 29, 2022. This implies the company took longer to pay its suppliers during this period.

Subsequently, there was a significant decrease in the number of days of payables to 44.38 days on January 28, 2023. This suggests that GameStop managed to reduce the time it takes to pay its outstanding invoices. The trend continued to improve as the days of payables further decreased to 30.77 days on July 29, 2023. However, on October 28, 2023, the number of days of payables increased to 85.68 days.

The data then shows a slight improvement with 27.24 days of payables reported on February 3, 2024. GameStop's ability to manage its payables seemed to have stabilized around this level, as subsequent periods indicate the number of days of payables could not be definitively determined.

Overall, GameStop's number of days of payables display variations, indicating changes in the company's payment terms and financial management strategies. Investors and analysts may further investigate the reasons behind these fluctuations to assess the company's financial health and working capital management.