Stock Analysis on Net

GameStop Corp. (NYSE:GME)

$24.99

Analysis of Bad Debts

Microsoft Excel

Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company gross accounts receivable. The relationship between the allowance and the balance in receivables should be relatively constant unless there is a change in the economy overall or a change in customer base.

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Allowance for Doubtful Accounts Receivable

Microsoft Excel
Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019
Selected Financial Data (US$ in thousands)
Allowance
Receivables, gross
Financial Ratio
Allowance as a percentage of receivables, gross1

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
Allowance as a percentage of receivables, gross = 100 × Allowance ÷ Receivables, gross
= 100 × ÷ =

Financial ratio Description The company
Allowance as a percentage of receivables, gross Allowance for doubtful accounts divided by the gross accounts receivable. GameStop Corp. allowance as a percentage of receivables, gross decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.