GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PLAYSTUDIOS Inc (NAS:MYPS) » Definitions » Accounts Receivable

PLAYSTUDIOS (PLAYSTUDIOS) Accounts Receivable : $30.0 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is PLAYSTUDIOS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PLAYSTUDIOS's accounts receivables for the quarter that ended in Dec. 2023 was $30.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PLAYSTUDIOS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PLAYSTUDIOS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.57.


PLAYSTUDIOS Accounts Receivable Historical Data

The historical data trend for PLAYSTUDIOS's Accounts Receivable 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.

* Premium members only.

PLAYSTUDIOS Accounts Receivable Chart

PLAYSTUDIOS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 16.62 20.54 25.02 29.95

PLAYSTUDIOS Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.02 31.88 29.02 28.80 29.95

PLAYSTUDIOS Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


PLAYSTUDIOS Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

PLAYSTUDIOS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.952/77.112*91
=35.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PLAYSTUDIOS's accounts receivable are only considered to be worth 75% of book value:

PLAYSTUDIOS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(132.889+0.75 * 29.952+0.5 * 0-77.97
-0-0)/134.657
=0.57

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


PLAYSTUDIOS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PLAYSTUDIOS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


PLAYSTUDIOS (PLAYSTUDIOS) Business Description

Traded in Other Exchanges
N/A
Address
10150 Covington Cross Drive, Las Vegas, NV, USA, 89144
PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sale of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.
Executives
Joel Agena officer: Vice President, Legal Counsel C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Scott Edward Peterson officer: Chief Financial Officer C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Andrew S Pascal director, 10 percent owner, officer: Chairman and CEO C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Judy K Mencher director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Steven J Zanella director 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
James Murren director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Hyman Joseph Horowitz director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Activision Publishing, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Entertainment Holdings, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Blizzard, Inc. 10 percent owner 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Andrew E Zobler director LAZARD FRERES REAL ESTATE INVESTORS LLC, 30 ROCKEFELLER PLZA 50TH FL, NEW YORK NY 10020
Acies Acquisition Llc 10 percent owner 1219 MORNINGSIDE DRIVE SUITE 110, MANHATTAN BEACH CA 90266