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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. MGM Resorts International's Revenue for the
three
months ended in Mar. 2026 was €3,853 Mil. MGM Resorts International's average Accounts Receivable for the
three
months ended in Mar. 2026 was €967 Mil.
Hence, MGM Resorts International's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.98.
MGM Resorts International (FRA:MGG) 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.
MGM Resorts International Receivables Turnover Related Terms
MGM Resorts International Receivables Turnover Historical Data
* 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.
MGM Resorts International Receivables Turnover Chart
FRA:MGG vs WYNN, BYD, CZR: Receivables Turnover Comparison
For the Resorts & Casinos subindustry, MGM Resorts International'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.
MGM Resorts International Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Receivables Turnover falls into.
* 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.
MGM Resorts International (FRA:MGG) has a Receivables Turnover of 3.98 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 MGM Resorts International and its competitors. According to the industry distribution chart, MGM Resorts International ranks #366 out of 830 companies in the Travel & Leisure industry, placing it in the top 44.1%.
Is MGM Resorts International's Receivables Turnover too high?
MGM Resorts International's current Receivables Turnover is 3.98. The Travel & Leisure industry median Receivables Turnover is 14.06. MGM Resorts International's value of 3.98 is 71.7% below this industry median. Based on the distribution chart, MGM Resorts International ranks #366 out of 830 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, MGM Resorts International has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Receivables Turnover compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #366 out of 830 companies for Receivables Turnover. This puts MGM Resorts International in the upper half of its industry. The industry median Receivables Turnover is 14.06. MGM Resorts International's value of 3.98 is 71.7% 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 a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.06, based on 830 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. MGM Resorts International's current Receivables Turnover of 3.98 is 71.7% 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 MGM Resorts International and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current Receivables Turnover is 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM Resorts International stock overvalued right now?
Based on GuruFocus' analysis, MGM Resorts International (FRA:MGG) is currently considered Fairly Valued. The stock's GF Value™ is €40.81, compared to a current price of €40.65 — trading 0.4% below its estimated fair value. The current Receivables Turnover is 3.98 and 71.7% below the Travel & Leisure industry median of 14.06. MGM Resorts International's overall GF Score™ is 82/100 with 10 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 MGM Resorts International (FRA:MGG), the current Receivables Turnover is 3.98 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 MGM Resorts International (FRA:MGG) Overvalued in 2026?
Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued.
The current stock price of €40.65 is trading 0.4% below its estimated GF Value™ of €40.81.
GuruFocus considers MGM Resorts International to be Fairly Valued.
Key valuation signals for FRA:MGG:
Receivables Turnover: 3.98
GF Value™: €40.81 vs. price of €40.65 (0.4% below fair value)
Industry Position: 71.7% below the Travel & Leisure median (#366 of 830)
No single metric tells the full story. See the FRA:MGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
82GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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