Dave & Buster’s Entertainment (PLAY)
Activity ratios
Short-term
Turnover ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 13.04 | 13.84 | 25.19 | 24.55 | 19.06 | 18.88 | 7.22 | 7.63 | 7.88 | 7.96 | 7.11 | 7.19 | 6.94 | 6.56 | 11.93 | 11.09 | 12.02 | 11.60 | 5.46 | 5.53 |
| Receivables turnover | — | — | — | — | 90.30 | — | — | 340.23 | — | 66.05 | — | — | 75.85 | — | 39.51 | — | — | — | — | 21.32 |
| Payables turnover | — | — | — | — | 5.98 | — | — | 4.75 | — | 5.00 | — | — | 3.72 | — | 9.48 | — | 9.17 | — | — | 3.57 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Inventory turnover ratio for Dave & Buster’s Entertainment has displayed fluctuations over the years, averaging around 10. This ratio indicates how efficiently the company is managing its inventory levels. A higher turnover ratio suggests that the company is selling its inventory quickly, which is generally positive.
Receivables turnover ratio shows a varying trend with significant differences in values over the years. This ratio reflects how efficiently the company is collecting its accounts receivable. A higher turnover ratio indicates that the company is efficient in collecting payments from customers.
Payables turnover ratio has also shown fluctuations, with some gaps in data. This ratio measures how efficiently the company is managing its trade credit from suppliers. A higher turnover ratio may indicate that the company is taking longer to pay its suppliers, which could have implications on relationships with vendors.
Working capital turnover ratio does not have available data. This ratio typically measures how effectively working capital is being utilized to generate sales. It can provide insights into the efficiency of using current assets to support operations.
Overall, analyzing these activity ratios can offer valuable insights into the operational efficiency and financial health of Dave & Buster’s Entertainment.
Average number of days
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 28.00 | 26.37 | 14.49 | 14.87 | 19.15 | 19.33 | 50.53 | 47.85 | 46.29 | 45.83 | 51.32 | 50.74 | 52.60 | 55.65 | 30.59 | 32.92 | 30.36 | 31.45 | 66.87 | 66.02 |
| Days of sales outstanding (DSO) | days | — | — | — | — | 4.04 | — | — | 1.07 | — | 5.53 | — | — | 4.81 | — | 9.24 | — | — | — | — | 17.12 |
| Number of days of payables | days | — | — | — | — | 61.05 | — | — | 76.91 | — | 73.00 | — | — | 98.13 | — | 38.52 | — | 39.79 | — | — | 102.33 |
Based on the data provided, we can analyze the activity ratios of Dave & Buster’s Entertainment as follows:
1. Days of Inventory on Hand (DOH):
- The DOH indicates how many days a company holds inventory before selling it.
- Dave & Buster’s DOH showed a decreasing trend from January 2024 to October 2024, indicating more efficient management of inventory levels.
- The company held inventory for an average of around 30 days in the last quarter of 2024, which is a positive sign of effective inventory management.
2. Days of Sales Outstanding (DSO):
- The DSO measures the average number of days a company takes to collect revenue after a sale is made.
- Dave & Buster’s DSO fluctuated over the periods provided, with a significant improvement in January 2024 and February 2024.
- The decreasing trend in DSO suggests that the company has been able to collect revenue more promptly in recent periods.
3. Number of Days of Payables:
- This ratio indicates the average number of days a company takes to pay its suppliers.
- Dave & Buster’s days of payables fluctuated throughout the periods, with a slight decrease in the last quarter of 2024.
- The company took an average of around 61 days to pay its payables in February 2024, which could impact its relationships with suppliers.
In conclusion, Dave & Buster’s has shown improvements in inventory management and revenue collection efficiency, while its payment cycles to suppliers have fluctuated. These activity ratios provide insights into how effectively the company is managing its working capital and relationships with suppliers and customers.
Long-term
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | 1.55 | — | — | 1.67 | 1.80 | 1.79 | 1.84 | 1.72 | 1.64 | 1.59 | 1.57 | 1.48 | 1.98 | 1.82 | 1.73 | 1.78 |
| Total asset turnover | 0.53 | 0.55 | 0.60 | 0.59 | 0.55 | 0.54 | 0.53 | 0.56 | 0.59 | 0.59 | 0.59 | 0.54 | 0.51 | 0.50 | 0.49 | 0.47 | 0.64 | 0.59 | 0.58 | 0.59 |
The fixed asset turnover ratio for Dave & Buster’s Entertainment has exhibited fluctuations over the years, ranging between 1.48 and 1.98. This ratio measures the efficiency of the company in generating sales revenue from its fixed assets. The increasing trend from 1.48 in July 31, 2022, to a peak of 1.98 in May 1, 2022, indicates an improvement in utilizing fixed assets to drive sales. However, the ratio has since stabilized around 1.55 to 1.84 in recent periods.
On the other hand, the total asset turnover ratio has ranged between 0.47 and 0.64 during the same period. This ratio reflects the overall efficiency of Dave & Buster’s in using all its assets to generate sales. The company experienced a slight fluctuation in this ratio as well, with a noticeable increase from 0.47 in July 31, 2022, to a peak of 0.64 in May 1, 2022, before stabilizing around 0.53 to 0.60 in more recent periods.
Overall, the variations in both the fixed asset turnover and total asset turnover ratios suggest that Dave & Buster’s has been working on optimizing the utilization of its assets to drive sales revenue efficiently. The company's ability to maintain relatively stable ratios in recent periods indicates a consistent level of asset efficiency in generating sales.