Best Buy Co (BSP:BBYY34) Lease Obiligations (USD Mil) : 0.00 (As of . 20)

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What is Best Buy Co Lease Obiligations (USD Mil)?

Lease Obiligations (USD Mil) accounts for the future payments for the assets that the company leased.

The historical rank and industry rank for Best Buy Co's Lease Obiligations (USD Mil) or its related term are showing as below:

BSP:BBYY34's Lease Obiligations (USD Mil) is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Lease Obiligations (USD Mil) only.

Best Buy Co Lease Obiligations (USD Mil) Historical Data

The historical data trend for Best Buy Co's Lease Obiligations (USD Mil) 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.

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Best Buy Co Lease Obiligations (USD Mil) Chart

Best Buy Co (BSP:BBYY34) Lease Obiligations (USD Mil) Explanation

Retail lease Obligations is the future payment obligation for the temporary use of an asset, such as building, equipment etc. Accounting rules require the company to book assets and liabilities associated with the lease, although they do not actually own the assets.

Best Buy Co Lease Obiligations (USD Mil) Related Terms

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Best Buy Co (BSP:BBYY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (BSP:BBYY34) » Definitions » Lease Obiligations (USD Mil)

Comparable Companies

Traded in Other Exchanges

BBY:USA BBY:Mexico BUY:Germany

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (BSP:BBYY34) Headlines

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