Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
GameStop Corp., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | GameStop Corp. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | GameStop Corp. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | GameStop Corp. total asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | GameStop Corp. equity turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
Net Fixed Asset Turnover
GameStop Corp., net fixed asset turnover calculation, comparison to benchmarks
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net sales | 5,272,800) | 5,927,200) | 6,010,700) | 5,089,800) | 6,466,000) | 8,285,300) | |
| Property and equipment, net of accumulated depreciation | 94,900) | 136,500) | 163,600) | 201,200) | 275,900) | 321,300) | |
| Long-term Activity Ratio | |||||||
| Net fixed asset turnover1 | 55.56 | 43.42 | 36.74 | 25.30 | 23.44 | 25.79 | |
| Benchmarks | |||||||
| Net Fixed Asset Turnover, Competitors2 | |||||||
| Amazon.com Inc. | — | 2.82 | 2.75 | 2.93 | 3.41 | 3.86 | |
| Home Depot Inc. | 5.84 | 6.14 | 6.00 | 5.35 | 4.84 | 4.84 | |
| Lowe’s Cos. Inc. | 4.89 | 5.53 | 5.05 | 4.68 | 3.86 | 3.87 | |
| TJX Cos. Inc. | 8.25 | 8.63 | 9.21 | 6.38 | 7.83 | 7.42 | |
| Net Fixed Asset Turnover, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 3.47 | 3.43 | 3.46 | 3.82 | 4.20 | |
| Net Fixed Asset Turnover, Industry | |||||||
| Consumer Discretionary | — | 3.50 | 3.47 | 3.31 | 3.37 | 3.71 | |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).
1 2024 Calculation
Net fixed asset turnover = Net sales ÷ Property and equipment, net of accumulated depreciation
= 5,272,800 ÷ 94,900 = 55.56
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | GameStop Corp. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
GameStop Corp., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net sales | 5,272,800) | 5,927,200) | 6,010,700) | 5,089,800) | 6,466,000) | 8,285,300) | |
| Property and equipment, net of accumulated depreciation | 94,900) | 136,500) | 163,600) | 201,200) | 275,900) | 321,300) | |
| Operating lease right-of-use assets | 555,800) | 560,800) | 586,600) | 662,100) | 767,000) | —) | |
| Property and equipment, net of accumulated depreciation (including operating lease, right-of-use asset) | 650,700) | 697,300) | 750,200) | 863,300) | 1,042,900) | 321,300) | |
| Long-term Activity Ratio | |||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 8.10 | 8.50 | 8.01 | 5.90 | 6.20 | 25.79 | |
| Benchmarks | |||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||
| Amazon.com Inc. | — | 2.08 | 2.03 | 2.17 | 2.56 | 2.87 | |
| Home Depot Inc. | 4.49 | 4.83 | 4.85 | 4.31 | 3.89 | 4.84 | |
| Lowe’s Cos. Inc. | 4.04 | 4.60 | 4.15 | 3.90 | 3.20 | 3.87 | |
| TJX Cos. Inc. | 3.40 | 3.36 | 3.44 | 2.29 | 2.90 | 7.42 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 2.55 | 2.52 | 2.55 | 2.83 | 3.47 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | |||||||
| Consumer Discretionary | — | 2.68 | 2.66 | 2.51 | 2.57 | 3.13 | |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).
1 2024 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net sales ÷ Property and equipment, net of accumulated depreciation (including operating lease, right-of-use asset)
= 5,272,800 ÷ 650,700 = 8.10
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | GameStop Corp. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
Total Asset Turnover
GameStop Corp., total asset turnover calculation, comparison to benchmarks
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net sales | 5,272,800) | 5,927,200) | 6,010,700) | 5,089,800) | 6,466,000) | 8,285,300) | |
| Total assets | 2,709,000) | 3,113,400) | 3,499,300) | 2,472,600) | 2,819,700) | 4,044,300) | |
| Long-term Activity Ratio | |||||||
| Total asset turnover1 | 1.95 | 1.90 | 1.72 | 2.06 | 2.29 | 2.05 | |
| Benchmarks | |||||||
| Total Asset Turnover, Competitors2 | |||||||
| Amazon.com Inc. | — | 1.09 | 1.11 | 1.12 | 1.20 | 1.25 | |
| Home Depot Inc. | 1.99 | 2.06 | 2.10 | 1.87 | 2.15 | 2.46 | |
| Lowe’s Cos. Inc. | 2.07 | 2.22 | 2.16 | 1.92 | 1.83 | 2.07 | |
| TJX Cos. Inc. | 1.82 | 1.76 | 1.71 | 1.04 | 1.73 | 2.72 | |
| Total Asset Turnover, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 1.30 | 1.33 | 1.27 | 1.40 | 1.57 | |
| Total Asset Turnover, Industry | |||||||
| Consumer Discretionary | — | 0.97 | 0.96 | 0.88 | 0.84 | 0.94 | |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).
1 2024 Calculation
Total asset turnover = Net sales ÷ Total assets
= 5,272,800 ÷ 2,709,000 = 1.95
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | GameStop Corp. total asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Equity Turnover
GameStop Corp., equity turnover calculation, comparison to benchmarks
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net sales | 5,272,800) | 5,927,200) | 6,010,700) | 5,089,800) | 6,466,000) | 8,285,300) | |
| Stockholders’ equity | 1,338,600) | 1,322,300) | 1,602,500) | 436,700) | 611,500) | 1,336,200) | |
| Long-term Activity Ratio | |||||||
| Equity turnover1 | 3.94 | 4.48 | 3.75 | 11.66 | 10.57 | 6.20 | |
| Benchmarks | |||||||
| Equity Turnover, Competitors2 | |||||||
| Amazon.com Inc. | — | 2.85 | 3.52 | 3.40 | 4.13 | 4.52 | |
| Home Depot Inc. | 146.23 | 100.77 | — | 40.05 | — | — | |
| Lowe’s Cos. Inc. | — | — | — | 62.35 | 36.59 | 19.57 | |
| TJX Cos. Inc. | 7.42 | 7.85 | 8.09 | 5.51 | 7.01 | 7.72 | |
| Equity Turnover, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 4.50 | 5.57 | 4.86 | 6.21 | 7.25 | |
| Equity Turnover, Industry | |||||||
| Consumer Discretionary | — | 3.86 | 4.21 | 3.74 | 4.82 | 5.84 | |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).
1 2024 Calculation
Equity turnover = Net sales ÷ Stockholders’ equity
= 5,272,800 ÷ 1,338,600 = 3.94
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | GameStop Corp. equity turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |