GameStop Corp (GME)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,823,000 | 4,334,000 | 5,267,300 | 5,547,300 | 5,743,800 | 5,114,000 | 4,484,200 | 4,643,000 | 4,801,800 | 5,864,400 | 6,927,000 | 6,876,300 | 6,825,600 | 5,735,200 | 4,644,800 | 4,836,800 | 5,904,300 | 7,022,200 | 7,182,800 | 7,101,000 |
| Receivables | US$ in thousands | — | — | — | — | 91,000 | — | — | 88,300 | — | 75,600 | — | 119,200 | — | 153,900 | — | 125,300 | — | 99,600 | — | — |
| Receivables turnover | — | — | — | — | 63.12 | — | — | 52.58 | — | 77.57 | — | 57.69 | — | 37.27 | — | 38.60 | — | 70.50 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,823,000K ÷ $—K
= —
The receivables turnover ratio indicates how efficiently a company is collecting on its credit sales during a specific period. A higher ratio implies that the company is collecting its receivables more quickly.
Based on the provided data for GameStop Corp, we observe fluctuations in the receivables turnover ratio over multiple reporting periods. Notably, the data shows that the receivables turnover ratio was not available for several periods, possibly due to the specific information not being disclosed or other factors affecting the calculations.
Analyzing the available data points, we can see that the receivables turnover ratio ranged from a low of 37.27 to a high of 77.57. This indicates variation in how efficiently GameStop Corp was able to convert its credit sales into cash during the respective periods.
It is important to note that a consistent and improving trend in the receivables turnover ratio over time would generally be indicative of effective credit management and collection practices, whereas fluctuations or decline could raise concerns about the company's credit policies, customer creditworthiness, or collection efforts.
Further analysis and comparison with industry peers or historical data would provide a more comprehensive understanding of GameStop Corp's receivables turnover performance and its implications for the company's overall financial health and operational efficiency.