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Best Buy Co Inc
Accounts Payable
Best Buy Co Inc
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Best Buy Co Inc
NYSE:BBY
|
Accounts Payable
$5.5B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
2%
|
CAGR 10-Years
1%
|
||
GameStop Corp
NYSE:GME
|
Accounts Payable
$220.5m
|
CAGR 3-Years
-19%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-7%
|
||
Upbound Group Inc
NASDAQ:UPBD
|
Accounts Payable
$124.8m
|
CAGR 3-Years
-6%
|
CAGR 5-Years
4%
|
CAGR 10-Years
1%
|
Best Buy Co Inc
Glance View
Best Buy Co., Inc. is a leading American retailer specializing in consumer electronics, appliances, and tech services. Founded in 1966, the company has evolved from a small audio specialty store into a giant in the retail landscape, boasting over 1,000 locations across the United States and Canada. Best Buy’s retail strategy combines a strong online presence with a focus on customer service, offering personalized shopping experiences and expert tech support through its Geek Squad service. In recent years, the company has successfully navigated challenges posed by e-commerce giants and market shifts, leveraging its omnichannel capabilities to enhance customer engagement and drive sales growth. This adaptability has solidified Best Buy’s position as a trusted brand in the competitive electronics sector. Investors are particularly interested in Best Buy's robust financial health, evidenced by its consistent revenue growth and strong cash flow generation. The company's commitment to innovation and technology integration has allowed it to capitalize on trends such as smart home devices and renewable energy solutions. Furthermore, Best Buy is dedicated to sustainability, aiming to reduce its carbon footprint and promote eco-friendly products. With an experienced management team and a clear strategic focus on enhancing customer experiences, Best Buy stands poised for continued growth in an evolving retail landscape. For investors, the company's ability to adapt to changing consumer preferences and solidify its market share positions it as a potentially valuable investment.
See Also
What is Best Buy Co Inc's Accounts Payable?
Accounts Payable
5.5B
USD
Based on the financial report for Aug 3, 2024, Best Buy Co Inc's Accounts Payable amounts to 5.5B USD.
What is Best Buy Co Inc's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
1%
Over the last year, the Accounts Payable growth was 1%. The average annual Accounts Payable growth rates for Best Buy Co Inc have been -7% over the past three years , 2% over the past five years , and 1% over the past ten years .