PLAYSTUDIOS (FRA:7E3) Accounts Receivable : €29.0 Mil (As of Mar. 2024)

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 Mar. 2024 was €29.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PLAYSTUDIOS's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.99.

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 Mar. 2024 was €0.56.

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

13.66

18.18

23.62

27.47

PLAYSTUDIOS Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												29.78	26.79	26.99	27.47	29.02

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 Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29.023	/	71.602	*	91
=	36.99

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 Mar. 2024 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)
=	(116.822	+	0.75 * 29.023	+	0.5 * 0	-	63.528
-	0	-	0)	/	135.162
=	0.56

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 (FRA:7E3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PLAYSTUDIOS Inc (FRA:7E3) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MYPS:USA

Address

10150 Covington Cross Drive, Las Vegas, NV, USA, 89144

Website

https://www.playstudios.com

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.

PLAYSTUDIOS (FRA:7E3) Headlines

No Headlines