Dave & Buster’s Entertainment (PLAY)
Receivables turnover
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,065,800 | 2,035,652 | 2,050,484 | 2,003,725 | 1,877,325 | 1,668,361 | 1,520,082 | 1,432,751 | 1,243,626 | 1,035,659 | 840,158 | 527,081 | 436,512 | 666,849 | 857,149 | 1,150,915 | 1,354,691 | 1,339,317 | 1,322,104 | 1,296,693 |
| Receivables | US$ in thousands | 22,900 | 6,100 | 33,200 | 20,700 | 25,526 | 45,852 | 34,682 | — | 64,921 | 67,646 | — | — | 70,064 | — | — | — | — | — | — | — |
| Receivables turnover | 90.21 | 333.71 | 61.76 | 96.80 | 73.55 | 36.39 | 43.83 | — | 19.16 | 15.31 | — | — | 6.23 | — | — | — | — | — | — | — |
February 4, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,065,800K ÷ $22,900K
= 90.21
The receivables turnover ratio for Dave & Buster’s Entertainment has shown some fluctuations over the past several quarters, ranging from a low of 6.23 to a high of 333.71. This ratio measures how efficiently the company is able to collect its accounts receivable during a specific period. A higher turnover ratio indicates that the company is collecting its receivables quickly, while a lower ratio may suggest potential issues with collecting outstanding payments.
In the most recent quarter, the receivables turnover ratio was 90.21, indicating that the company collected its outstanding receivables approximately 90 times during that period. This suggests a relatively efficient collection process. However, it's important to note that the ratio has varied significantly over the past quarters, indicating potential fluctuations in the company's ability to collect receivables promptly.
It is recommended to analyze the trend of the receivables turnover ratio over a longer period to assess any consistent patterns or underlying issues in the company's accounts receivable management. Additionally, comparing the ratio to industry benchmarks or to the company's historical data can provide further insights into its financial performance and efficiency in collecting receivables.
Peer comparison
Feb 4, 2024