Dave & Buster’s Entertainment (PLAY)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	2,132,700	2,162,100	2,308,200	2,218,000	2,067,900	2,046,100	1,945,000	2,075,400	2,201,161	2,192,813	2,176,019	2,031,551	1,936,149	1,841,897	1,811,792	1,702,062	1,558,491	1,436,967	1,349,776	1,384,312
Receivables	US$ in thousands	—	—	—	—	22,900	—	—	6,100	—	33,200	—	—	25,526	—	45,852	—	—	—	—	64,921
Receivables turnover		—	—	—	—	90.30	—	—	340.23	—	66.05	—	—	75.85	—	39.51	—	—	—	—	21.32

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,132,700K ÷ $—K
= —

The receivables turnover ratio for Dave & Buster’s Entertainment has shown fluctuations over the reported periods. The ratio, which measures how efficiently the company is able to collect on its credit sales, indicates the number of times during a period that receivables are collected. A higher turnover ratio suggests that the company is collecting its outstanding receivables more quickly.

Based on the provided data, we observe that the receivables turnover ratio was 21.32 as of January 30, 2022, significantly increased to 340.23 as of October 29, 2023, and then slightly decreased to 90.30 as of February 4, 2024. Subsequently, the ratio was not reported for the following periods.

The sharp increase in receivables turnover from January 30, 2022, to October 29, 2023, could indicate an improvement in the company's credit policies, leading to faster collections from customers. However, the subsequent decrease by February 4, 2024, may suggest a potential slowdown in receivables collections or changes in business operations.

Overall, it is important for Dave & Buster’s to monitor its receivables turnover ratio consistently to ensure efficient management of outstanding receivables and to assess any potential impact on the company's liquidity and cash flow.