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. EBET's Revenue for the
three
months ended in Mar. 2024 was $3.52 Mil. EBET's average Accounts Receivable for the
three
months ended in Mar. 2024 was $0.67 Mil.
Hence, EBET's Receivables Turnover for the
three
months ended in Mar. 2024 was 5.26.
EBET (OTCPK:EBET) 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.
EBET Receivables Turnover Related Terms
EBET Receivables Turnover Historical Data
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The historical data trend for EBET'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.
EBET vs FLUT, DKNG, CHDN: Receivables Turnover Comparison
For the Gambling subindustry, EBET'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.
EBET Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, EBET's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where EBET's Receivables Turnover falls into.
* 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.
EBET (EBET) has a Receivables Turnover of 5.26 as of Mar. 2024. The accounts 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. View historical data on EBET and its competitors.
Is EBET's Receivables Turnover too high?
EBET's current Receivables Turnover is 5.26. The Travel & Leisure industry median Receivables Turnover is 14.01. EBET's value of 5.26 is 62.5% below this industry median. Overall, EBET has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EBET's Receivables Turnover compare to FLUT and DKNG?
EBET's Receivables Turnover of 5.26 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 14.01. EBET's value of 5.26 is 62.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.01, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EBET's current Receivables Turnover of 5.26 is 62.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on EBET and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EBET's current Receivables Turnover is 5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EBET stock overvalued right now?
EBET (EBET) has a current Receivables Turnover of 5.26. The current Receivables Turnover is 5.26 and 62.5% below the Travel & Leisure industry median of 14.01. EBET's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For EBET (EBET), the current Receivables Turnover is 5.26 as of Mar. 2024. 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.
EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real-money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. The company's Brands Includes; Gogawi, Karamba, Griffon Casino, Generation VIP, and Others.
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