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


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What is Fantasy Aces Daily Fantasy Sports 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. 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 Receivables Turnover Historical Data

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.

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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 - - - 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

Competitive Comparison of Fantasy Aces Daily Fantasy Sports's Receivables Turnover

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's Receivables Turnover Distribution in the 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 Total Inventories
=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 Total Inventories
=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.

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

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Fantasy Aces Daily Fantasy Sports (Fantasy Aces Daily Fantasy Sports) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fantasy Aces Daily Fantasy Sports Corp (OTCPK:FASDF) » Definitions » Receivables Turnover
Comparable Companies
XCNQ:GGAM.U BOM:540874 WAR:FLG WAR:PBT WAR:EXA XCNQ:EPY XSAT:REDR TSXV:MKT TSXV:EQG XSAT:STVA B XCNQ:PLAY TSXV:CNS NGM:GATE TSXV:ESPT TSXV:BP WAR:ARG FRZT NGM:GTG WAR:JJB OSL:FIVEPG
Traded in Other Exchanges
N/A
Address
120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Website
https://www.fantasyaces.com
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.

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