FASDF (Fantasy Aces Daily Fantasy Sports) Receivables Turnover: 30.17 (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Receivables Turnover?

Fantasy Aces Daily Fantasy Sports FASDF Receivables Turnover is 30.17 as of Sep. 2016.

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. Fantasy Aces Daily Fantasy Sports's Revenue for the three months ended in Sep. 2016 was $0.35 Mil. Fantasy Aces Daily Fantasy Sports's average Accounts Receivable for the three months ended in Sep. 2016 was $0.01 Mil. Hence, Fantasy Aces Daily Fantasy Sports's Receivables Turnover for the three months ended in Sep. 2016 was 30.17.

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) 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.

Fantasy Aces Daily Fantasy Sports Receivables Turnover Related Terms

Fantasy Aces Daily Fantasy Sports Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Receivables Turnover Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.78 11.61

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 8.20 9.31 6.77 79.80 30.17

FASDF vs FRZT: Receivables Turnover Comparison

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Receivables Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Receivables Turnover falls into.


Fantasy Aces Daily Fantasy Sports Receivables Turnover Calculation

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

Fantasy Aces Daily Fantasy Sports's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=0.882 / ((0 + 0.076) / 1 )
=0.882 / 0.076
=11.61

Fantasy Aces Daily Fantasy Sports's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

Receivables Turnover (Q: Sep. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Sep. 2016 )) / count )
=0.347 / ((0.005 + 0.018) / 2 )
=0.347 / 0.0115
=30.17

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 30.17 mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Receivables Turnover of 30.17 as of Sep. 2016. 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 Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Receivables Turnover too high?
Fantasy Aces Daily Fantasy Sports' current Receivables Turnover is 30.17. The Interactive Media industry median Receivables Turnover is 7.84. Fantasy Aces Daily Fantasy Sports' value of 30.17 is 284.8% above this industry median.
How does Fantasy Aces Daily Fantasy Sports' Receivables Turnover compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Receivables Turnover of 30.17 can be compared against companies in the Interactive Media industry. The industry median Receivables Turnover is 7.84. Fantasy Aces Daily Fantasy Sports' value of 30.17 is 284.8% above 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 an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.84, based on 542 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. Fantasy Aces Daily Fantasy Sports's current Receivables Turnover of 30.17 is 284.8% above 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 Fantasy Aces Daily Fantasy Sports and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fantasy Aces Daily Fantasy Sports's current Receivables Turnover is 30.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Receivables Turnover of 30.17. The current Receivables Turnover is 30.17 and 284.8% above the Interactive Media industry median of 7.84. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Receivables Turnover is 30.17 as of Sep. 2016. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.