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GameStop (GameStop) Days Payable

: 37.73 (As of Jan. 2024)
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GameStop's average Accounts Payable for the three months ended in Jan. 2024 was $568 Mil. GameStop's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,374 Mil. Hence, GameStop's Days Payable for the three months ended in Jan. 2024 was 37.73.

The historical rank and industry rank for GameStop's Days Payable or its related term are showing as below:

GME' s Days Payable Range Over the Past 10 Years
Min: 31.81   Med: 41.34   Max: 59.36
Current: 47.84

During the past 13 years, GameStop's highest Days Payable was 59.36. The lowest was 31.81. And the median was 41.34.

GME's Days Payable is ranked worse than
57.88% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs GME: 47.84

GameStop's Days Payable increased from Jan. 2023 (37.52) to Jan. 2024 (37.73). It may suggest that GameStop delayed paying its suppliers.


GameStop Days Payable Historical Data

The historical data trend for GameStop's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.37 34.43 31.81 40.16 39.23

GameStop Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.52 52.49 49.96 68.21 37.73

Competitive Comparison

For the Specialty Retail subindustry, GameStop's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GameStop Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's Days Payable distribution charts can be found below:

* The bar in red indicates where GameStop's Days Payable falls into.



GameStop Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

GameStop's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (531.3 + 324) / 2 ) / 3978.6*365
=427.65 / 3978.6*365
=39.23

GameStop's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (812.7 + 324) / 2 ) / 1374.4*365 / 4
=568.35 / 1374.4*365 / 4
=37.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GameStop Days Payable Related Terms

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GameStop (GameStop) Business Description

Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
Executives
Mark Haymond Robinson officer: General Manager 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Daniel William Moore officer: PAO and Interim PFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lawrence Cheng director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alain Attal director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nir Vinay Patel officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Diana Saadeh-jajeh officer: SVP, Interim CFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Ryan Cohen director, 10 percent owner C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Rc Ventures Llc 10 percent owner PO BOX 25250, PMB 30427, MIAMI FL 33102
Michael Recupero officer: Chief Financial Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
James Grube director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Matthew Furlong director, officer: Chief Executive Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051
Yang Xu director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Jenna Owens officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051

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