DoubleDown Interactive Co (FRA:DDI) Change In Receivables : €-5.1 Mil (TTM As of Mar. 2024)

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What is DoubleDown Interactive Co Change In Receivables?

DoubleDown Interactive Co's change in receivables for the quarter that ended in Mar. 2024 was €-1.7 Mil. It means DoubleDown Interactive Co's Accounts Receivable increased by €1.7 Mil from Dec. 2023 to Mar. 2024 .

DoubleDown Interactive Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-10.5 Mil. It means DoubleDown Interactive Co's Accounts Receivable increased by €10.5 Mil from Dec. 2022 to Dec. 2023 .

DoubleDown Interactive Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €31.4 Mil.

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 Receivable are being managed. DoubleDown Interactive Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DoubleDown Interactive Co's liquidation value for the three months ended in Mar. 2024 was €238.7 Mil.

DoubleDown Interactive Co Change In Receivables Historical Data

The historical data trend for DoubleDown Interactive Co's Change In Receivables 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.

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DoubleDown Interactive Co Change In Receivables Chart

DoubleDown Interactive Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.31

-3.37

1.45

-0.04

-10.45

DoubleDown Interactive Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-7.20	1.89	-1.12	-4.17	-1.66

DoubleDown Interactive Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.1 Mil.

DoubleDown Interactive Co (FRA:DDI) Change In Receivables 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 Receivable are being managed.

DoubleDown Interactive Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.448	/	81.092	*	91
=	35.39

2. In Ben Graham's calculation of liquidation value, DoubleDown Interactive Co's accounts receivable are only considered to be worth 75% of book value:

DoubleDown Interactive Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	284.755	-	69.626	+	0.75 * 31.448	+	0.5 * 0
=	238.7

DoubleDown Interactive Co Change In Receivables Related Terms

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DoubleDown Interactive Co (FRA:DDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleDown Interactive Co Ltd (FRA:DDI) » Definitions » Change In Receivables

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Traded in Other Exchanges

DDI:USA DDI:Germany

Address

152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236

Website

https://www.doubledowninteractive.com

DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.