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Mobvista (FRA:6MO) Receivables Turnover : 1.91 (As of Jun. 2024)


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What is Mobvista 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. Mobvista's Revenue for the three months ended in Jun. 2024 was €313 Mil. Mobvista's average Accounts Receivable for the three months ended in Jun. 2024 was €164 Mil. Hence, Mobvista's Receivables Turnover for the three months ended in Jun. 2024 was 1.91.


Mobvista Receivables Turnover Historical Data

The historical data trend for Mobvista'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.

Mobvista Receivables Turnover Chart

Mobvista Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 2.77 2.35 4.52 7.16 8.48

Mobvista Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.90 1.74 1.73 2.24 1.91

Competitive Comparison of Mobvista's Receivables Turnover

For the Advertising Agencies subindustry, Mobvista'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.


Mobvista's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mobvista's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mobvista's Receivables Turnover falls into.



Mobvista Receivables Turnover Calculation

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

Mobvista'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 )
=966.602 / ((103.855 + 124.085) / 2 )
=966.602 / 113.97
=8.48

Mobvista's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=312.892 / ((0 + 163.5) / 1 )
=312.892 / 163.5
=1.91

* 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.


Mobvista  (FRA:6MO) 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.


Mobvista Receivables Turnover Related Terms

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Mobvista Business Description

Traded in Other Exchanges
Address
16 Collyer Quay, Income@ Raffles, Level 13 Unit, 10&30, Singapore, SGP
Mobvista Inc is a technology platform providing mobile advertising and mobile analytics services to app developers globally. Its operating business segments include the Advertising technology business, Marketing technology business. It generates its revenue from the Advertising technology business which provides its customers globally with mobile advertising services through a programmatic advertising platform and affiliate ad-serving platform. Geographically, It has operations in China, EMEA, and Americas, Asia-Pacific, and Other regions. The majority of the revenue comes from China. Its brands include Nativex, Mintegral, GameAnalytics, SpotMax, and Reyun.

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