GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 5th Planet Games AS (FRA:2HG1) » Definitions » Receivables Turnover

5th Planet Games AS (FRA:2HG1) Receivables Turnover : 0.78 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is 5th Planet Games AS 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. 5th Planet Games AS's Revenue for the three months ended in Dec. 2023 was €0.24 Mil. 5th Planet Games AS's average Accounts Receivable for the three months ended in Dec. 2023 was €0.31 Mil. Hence, 5th Planet Games AS's Receivables Turnover for the three months ended in Dec. 2023 was 0.78.


5th Planet Games AS Receivables Turnover Historical Data

The historical data trend for 5th Planet Games AS'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.

* Premium members only.

5th Planet Games AS Receivables Turnover Chart

5th Planet Games AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 4.56 3.76 2.97 2.31

5th Planet Games AS Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 0.70 1.13 1.77 0.78

Competitive Comparison of 5th Planet Games AS's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, 5th Planet Games AS'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.


5th Planet Games AS's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 5th Planet Games AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 5th Planet Games AS's Receivables Turnover falls into.



5th Planet Games AS Receivables Turnover Calculation

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

5th Planet Games AS's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1.31 / ((0.765 + 0.369) / 2 )
=1.31 / 0.567
=2.31

5th Planet Games AS's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.242 / ((0.253 + 0.369) / 2 )
=0.242 / 0.311
=0.78

* 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.


5th Planet Games AS  (FRA:2HG1) 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.


5th Planet Games AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of 5th Planet Games AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


5th Planet Games AS (FRA:2HG1) Business Description

Traded in Other Exchanges
Address
Gothersgade 11, Copenhagen K, DNK, 1123
5th Planet Games AS is a mobile game development and publishing company based in Denmark. The company's games are available on the platforms like iOS, Android, Windows, Amazon, and Facebook. Its games include Street soccer ultimate, Hugo retro mania, Hugo world, and other games. The company generates its revenue from the sale of games and in-app purchases, advertising services, and from licence income. The company operates in single segment.

5th Planet Games AS (FRA:2HG1) Headlines

No Headlines