GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 3R Games SpolkaAkcyjna (WAR:3RG) » Definitions » Receivables Turnover

3R Games SpolkaAkcyjna (WAR:3RG) Receivables Turnover : 2.74 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is 3R Games SpolkaAkcyjna Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. 3R Games SpolkaAkcyjna's Revenue for the three months ended in Dec. 2023 was zł0.90 Mil. 3R Games SpolkaAkcyjna's average Accounts Receivable for the three months ended in Dec. 2023 was zł0.33 Mil. Hence, 3R Games SpolkaAkcyjna's Receivables Turnover for the three months ended in Dec. 2023 was 2.74.


3R Games SpolkaAkcyjna Receivables Turnover Historical Data

The historical data trend for 3R Games SpolkaAkcyjna's Receivables Turnover 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.

3R Games SpolkaAkcyjna Receivables Turnover Chart

3R Games SpolkaAkcyjna Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.51 18.21 7.59 2.85 8.24

3R Games SpolkaAkcyjna Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.50 2.61 2.81 3.08 2.74

Competitive Comparison of 3R Games SpolkaAkcyjna's Receivables Turnover

For the Internet Retail subindustry, 3R Games SpolkaAkcyjna's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


3R Games SpolkaAkcyjna's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 3R Games SpolkaAkcyjna's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 3R Games SpolkaAkcyjna's Receivables Turnover falls into.



3R Games SpolkaAkcyjna Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

3R Games SpolkaAkcyjna's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=3.579 / ((0.489 + 0.38) / 2 )
=3.579 / 0.4345
=8.24

3R Games SpolkaAkcyjna's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.899 / ((0.277 + 0.38) / 2 )
=0.899 / 0.3285
=2.74

* 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.


3R Games SpolkaAkcyjna  (WAR:3RG) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


3R Games SpolkaAkcyjna Receivables Turnover Related Terms

Thank you for viewing the detailed overview of 3R Games SpolkaAkcyjna's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


3R Games SpolkaAkcyjna (WAR:3RG) Business Description

Traded in Other Exchanges
N/A
Address
Inflancka 4B, Gdynia, POL, 00-189
3R Games SpolkaAkcyjna formerly HubStyle SA is an e-commerce development company. The company creates web-based tools for Internet users and entrepreneurs as well as develops and operates its own sites. It also operates a price comparison website.

3R Games SpolkaAkcyjna (WAR:3RG) Headlines

No Headlines