11 bit studios (FRA:11C) Receivables Turnover: 1.36 (As of Mar. 2026)

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FRA:11C 11 bit studios SA FRA:11C
76 GF Score
Price €32.04
GF Value €57.39
Valuation Significantly Undervalued
! 4 Warning Signs
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What is 11 bit studios Receivables Turnover?

11 bit studios FRA:11C +1.39% 76 Receivables Turnover is 1.36 as of Mar. 2026. GuruFocus rates FRA:11C with a GF Score™ of 76/100 and a GF Value™ of €57.39 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 541 Interactive Media companies, 11 bit studios ranks worse than 59.7% on this metric.

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. 11 bit studios's Revenue for the three months ended in Mar. 2026 was €4.58 Mil. 11 bit studios's average Accounts Receivable for the three months ended in Mar. 2026 was €3.37 Mil. Hence, 11 bit studios's Receivables Turnover for the three months ended in Mar. 2026 was 1.36.


11 bit studios  (FRA:11C) 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.


11 bit studios Receivables Turnover Related Terms


11 bit studios Receivables Turnover Historical Data

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The historical data trend for 11 bit studios'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.

11 bit studios Receivables Turnover Chart

11 bit studios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 6.70 6.39 10.06 7.64

11 bit studios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.33 1.97 1.30 1.51 1.36

FRA:11C vs NTES, EA, TTWO: Receivables Turnover Comparison

For the Electronic Gaming & Multimedia subindustry, 11 bit studios'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.


11 bit studios Receivables Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 11 bit studios's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 11 bit studios's Receivables Turnover falls into.


FRA:11C
76GF Score
11 bit studios SA FRA:11C
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

11 bit studios Receivables Turnover Calculation

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

11 bit studios's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=32.634 / ((4.415 + 4.127) / 2 )
=32.634 / 4.271
=7.64

11 bit studios's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=4.582 / ((4.127 + 2.612) / 2 )
=4.582 / 3.3695
=1.36

* 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 1.36 mean?
11 bit studios (FRA:11C) has a Receivables Turnover of 1.36 as of Mar. 2026. 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 11 bit studios and its competitors. According to the industry distribution chart, 11 bit studios ranks #323 out of 541 companies in the Interactive Media industry, placing it in the top 59.7%.
Is 11 bit studios' Receivables Turnover too high?
11 bit studios' current Receivables Turnover is 1.36. The Interactive Media industry median Receivables Turnover is 7.87. 11 bit studios' value of 1.36 is 82.7% below this industry median. Based on the distribution chart, 11 bit studios ranks #323 out of 541 companies in the Interactive Media industry, which is below the industry midpoint. Overall, 11 bit studios has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 11 bit studios' Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, 11 bit studios ranks #323 out of 541 companies for Receivables Turnover. This places 11 bit studios in the lower half of its industry. The industry median Receivables Turnover is 7.87. 11 bit studios' value of 1.36 is 82.7% 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 an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.87, based on 541 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. 11 bit studios's current Receivables Turnover of 1.36 is 82.7% 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 11 bit studios and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 11 bit studios's current Receivables Turnover is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 11 bit studios stock overvalued right now?
Based on GuruFocus' analysis, 11 bit studios (FRA:11C) is currently considered Significantly Undervalued. The stock's GF Value™ is €57.39, compared to a current price of €32.04 — trading 44.2% below its estimated fair value. The current Receivables Turnover is 1.36 and 82.7% below the Interactive Media industry median of 7.87. 11 bit studios' overall GF Score™ is 76/100 with 4 warning signs to review. 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 11 bit studios (FRA:11C), the current Receivables Turnover is 1.36 as of Mar. 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 11 bit studios (FRA:11C) Overvalued in 2026?

Based on GuruFocus' analysis, 11 bit studios stock appears to be undervalued. The current stock price of €32.04 is trading 44.2% below its estimated GF Value™ of €57.39. GuruFocus considers 11 bit studios to be Significantly Undervalued.

Key valuation signals for FRA:11C:

  • Receivables Turnover: 1.36
  • GF Value™: €57.39 vs. price of €32.04 (44.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 82.7% below the Interactive Media median (#323 of 541)

No single metric tells the full story. See the FRA:11C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


11 bit studios Business Description

Other Exchanges 11B:Poland
Address Brechta 7, Warszawa, POL, 03-472
11 bit studios SA is a manufacturer of multi-platform video games in Poland. It develops games for a wide range of devices including personal computers, and tablet computers.
76GF Score

Get the complete analysis for FRA:11C

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

€32.04
Price
€57.39
GF Value