GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleUGames Co Ltd (XKRX:192080) » Definitions » Receivables Turnover

DoubleUGames Co (XKRX:192080) Receivables Turnover : 2.72 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is DoubleUGames Co 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. DoubleUGames Co's Revenue for the three months ended in Mar. 2024 was ₩160,481 Mil. DoubleUGames Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩59,033 Mil. Hence, DoubleUGames Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.72.


DoubleUGames Co Receivables Turnover Historical Data

The historical data trend for DoubleUGames Co'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.

DoubleUGames Co Receivables Turnover Chart

DoubleUGames Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.44 15.07 13.96 13.01 10.79

DoubleUGames Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.80 2.85 2.76 2.82 2.72

Competitive Comparison of DoubleUGames Co's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, DoubleUGames Co'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.


DoubleUGames Co's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleUGames Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DoubleUGames Co's Receivables Turnover falls into.



DoubleUGames Co Receivables Turnover Calculation

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

DoubleUGames Co'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 )
=582333.575 / ((51495.848 + 56419.839) / 2 )
=582333.575 / 53957.8435
=10.79

DoubleUGames Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=160481.373 / ((56419.839 + 61646.562) / 2 )
=160481.373 / 59033.2005
=2.72

* 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.


DoubleUGames Co  (XKRX:192080) 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.


DoubleUGames Co Receivables Turnover Related Terms

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


DoubleUGames Co (XKRX:192080) Business Description

Traded in Other Exchanges
N/A
Address
152 Teheran-ro, Gangnam Finance Center, Gangnam-gu, 16th floor (dong), Seoul, KOR
DoubleUGames Co Ltd is a Korea-based game development company. It offers multiple gaming products such as DoubleU casino game and DoubleU bingo game and others. The company also provides Wookie Casino, a social casino game, as well as bingo, and slot machines games. In addition, it distributes its products domestically and in international markets.

DoubleUGames Co (XKRX:192080) Headlines

No Headlines