Dave & Buster’s Entertainment (PLAY)
Quick ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 37,300 | 64,000 | 82,600 | 91,500 | 181,600 | 108,211 | 100,386 | 139,081 | 25,910 | 27,005 | 107,801 | 20,154 | 11,891 | 8,341 | 224,305 | 156,833 | 24,655 | 20,880 | 23,318 | 20,353 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 22,900 | 6,100 | 33,200 | 20,700 | 25,526 | 45,852 | 34,682 | — | 64,921 | 67,646 | — | — | 70,064 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 435,600 | 419,300 | 422,500 | 409,500 | 438,000 | 406,242 | 407,585 | 313,078 | 311,515 | 290,678 | 308,933 | 279,220 | 271,636 | 287,427 | 313,814 | 316,695 | 290,865 | 281,383 | 256,641 | 259,070 |
| Quick ratio | 0.14 | 0.17 | 0.27 | 0.27 | 0.47 | 0.38 | 0.33 | 0.44 | 0.29 | 0.33 | 0.35 | 0.07 | 0.30 | 0.03 | 0.71 | 0.50 | 0.08 | 0.07 | 0.09 | 0.08 |
February 4, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($37,300K
+ $—K
+ $22,900K)
÷ $435,600K
= 0.14
The quick ratio of Dave & Buster’s Entertainment has varied over the past 20 reported periods, ranging from a low of 0.03 to a high of 0.71. The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of less than 1 indicates that the company may have difficulty meeting its short-term liabilities.
From the data provided, it is evident that the quick ratio has fluctuated significantly, indicating potential fluctuations in the company's liquidity position over time. The quick ratio was below 1 for a majority of the reported periods, suggesting a potential risk in the company's ability to cover its short-term debts with its quick assets.
Overall, the trend in the quick ratio for Dave & Buster’s Entertainment appears to be inconsistent, demonstrating the importance of monitoring liquidity levels to ensure the company can meet its short-term financial obligations efficiently.
Peer comparison
Feb 4, 2024