Stock Analysis on Net

GameStop Corp. (NYSE:GME)

This company has been moved to the archive! The financial data has not been updated since June 11, 2024.

Analysis of Long-term (Investment) Activity Ratios 

Microsoft Excel

Long-term Activity Ratios (Summary)

GameStop Corp., long-term (investment) activity ratios

Microsoft Excel
Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019
Net fixed asset turnover 55.56 43.42 36.74 25.30 23.44 25.79
Net fixed asset turnover (including operating lease, right-of-use asset) 8.10 8.50 8.01 5.90 6.20 25.79
Total asset turnover 1.95 1.90 1.72 2.06 2.29 2.05
Equity turnover 3.94 4.48 3.75 11.66 10.57 6.20

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

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)
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

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)
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

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)
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

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)
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.