GameStop Corp (GME)
Receivables 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 |
| Receivables | US$ in thousands | — | 91,000 | — | — | 153,900 |
| Receivables turnover | — | 57.94 | — | — | 38.51 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,823,000K ÷ $—K
= —
The receivables turnover for GameStop Corp has shown fluctuating trends over the years based on the provided data. On January 28, 2023, the receivables turnover was 38.51, indicating that the company collected its accounts receivable approximately 38.51 times during that period. The absence of data for January 31, 2023, and January 31, 2024, suggests that specific information for those periods may not be available or relevant.
By February 3, 2024, the receivables turnover had increased to 57.94, which could imply that the company was managing its accounts receivable more efficiently and collecting payments at a faster rate. The lack of data for January 31, 2025, prevents a direct comparison for that period.
Overall, the changes in GameStop Corp's receivables turnover suggest variations in the company's ability to collect outstanding receivables efficiently over the analyzed periods. It would be beneficial to monitor this ratio consistently to assess the effectiveness of the company's credit policies and collection processes in managing its accounts receivable.