Modern Times Group MTG AB (FRA:MRTA) Accounts Receivable: €0 Mil (As of Jun. 2026)

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FRA:MRTA Modern Times Group MTG AB FRA:MRTA
71 GF Score
Price €11.69
GF Value €15.34
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Modern Times Group MTG AB Accounts Receivable?

Modern Times Group MTG AB FRA:MRTA -1.43% 71 Accounts Receivable is €0 Mil as of Jun. 2026. GuruFocus rates FRA:MRTA with a GF Score™ of 71/100 and a GF Value™ of €15.34 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Modern Times Group MTG AB's accounts receivables for the quarter that ended in Jun. 2026 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Modern Times Group MTG AB's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Modern Times Group MTG AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-5.00.

Modern Times Group MTG AB 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.

Modern Times Group MTG AB's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/270.466*91
=0.00

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

Modern Times Group MTG AB's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(120.592+0.75 * 0+0.5 * 0-715.983
-0-0)/119.042
=-5.00

* 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.

Modern Times Group MTG AB Accounts Receivable Related Terms

Modern Times Group MTG AB Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG AB'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.

Modern Times Group MTG AB Accounts Receivable Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.41 39.66 50.78 48.08 79.67

Modern Times Group MTG AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 79.67 0.00 0.00
FRA:MRTA
71GF Score
Modern Times Group MTG AB FRA:MRTA
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Times Group MTG AB Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €0 Mil mean?
Modern Times Group MTG AB (FRA:MRTA) has a Accounts Receivable of €0 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Modern Times Group MTG AB and its competitors.
Is Modern Times Group MTG AB's Accounts Receivable too high?
Modern Times Group MTG AB's current Accounts Receivable is €0 Mil. Overall, Modern Times Group MTG AB has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Accounts Receivable compare to NTES and EA?
Modern Times Group MTG AB's Accounts Receivable of €0 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Interactive Media company?
A good Accounts Receivable depends on the Interactive Media industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Modern Times Group MTG AB and its competitors. Modern Times Group MTG AB's current Accounts Receivable is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Times Group MTG AB stock overvalued right now?
Based on GuruFocus' analysis, Modern Times Group MTG AB (FRA:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.34, compared to a current price of €11.69 — trading 23.8% below its estimated fair value. The current Accounts Receivable is €0 Mil. Modern Times Group MTG AB's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Accounts Receivable is €0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Modern Times Group MTG AB (FRA:MRTA) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued. The current stock price of €11.69 is trading 23.8% below its estimated GF Value™ of €15.34. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for FRA:MRTA:

  • Accounts Receivable: €0 Mil
  • GF Value™: €15.34 vs. price of €11.69 (23.8% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:MRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Modern Times Group MTG AB Business Description

Address Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Modern Times Group MTG AB owns and operates gaming companies and studios with popular IPs across a wide range of casual and mid-core genres. The company's portfolio covers a wide range of evergreen gaming franchises like RAID: Shadow Legends, Forge of Empires, Top Drives, and Bloons, as well as word games like CrossWord Jam and WordTrip. Its games generate revenues through in-app purchases, advertising, and from third-party distribution platforms. It operates in a single business segment.
71GF Score

Get the complete analysis for FRA:MRTA

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.69
Price
€15.34
GF Value