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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. Modern Times Group MTG AB's Revenue for the
three
months ended in Mar. 2026 was €293 Mil. Modern Times Group MTG AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was €80 Mil.
Hence, Modern Times Group MTG AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.68.
Modern Times Group MTG AB (FRA:MRTA) 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.
Modern Times Group MTG AB Receivables Turnover Related Terms
Modern Times Group MTG AB 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.
Modern Times Group MTG AB Receivables Turnover Chart
FRA:MRTA vs NTES, EA, TTWO: Receivables Turnover Comparison
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB'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.
Modern Times Group MTG AB Receivables Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB'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.
Modern Times Group MTG AB (FRA:MRTA) has a Receivables Turnover of 3.68 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 Modern Times Group MTG AB and its competitors. According to the industry distribution chart, Modern Times Group MTG AB ranks #84 out of 541 companies in the Interactive Media industry, placing it in the top 15.5%.
Is Modern Times Group MTG AB's Receivables Turnover too high?
Modern Times Group MTG AB's current Receivables Turnover is 3.68. The Interactive Media industry median Receivables Turnover is 7.87. Modern Times Group MTG AB's value of 3.68 is 53.2% below this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #84 out of 541 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Modern Times Group MTG AB has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #84 out of 541 companies for Receivables Turnover. This places Modern Times Group MTG AB in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.87. Modern Times Group MTG AB's value of 3.68 is 53.2% 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. Modern Times Group MTG AB's current Receivables Turnover of 3.68 is 53.2% 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 Modern Times Group MTG AB 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. Modern Times Group MTG AB's current Receivables Turnover is 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Times Group MTG AB stock overvalued right now?
Based on GuruFocus' analysis, Modern Times Group MTG AB (FRA:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.51, compared to a current price of €10.95 — trading 29.4% below its estimated fair value. The current Receivables Turnover is 3.68 and 53.2% below the Interactive Media industry median of 7.87. Modern Times Group MTG AB's overall GF Score™ is 77/100 with 6 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 Modern Times Group MTG AB (FRA:MRTA), the current Receivables Turnover is 3.68 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 Modern Times Group MTG AB (FRA:MRTA) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued.
The current stock price of €10.95 is trading 29.4% below its estimated GF Value™ of €15.51.
GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.
Key valuation signals for FRA:MRTA:
Receivables Turnover: 3.68
GF Value™: €15.51 vs. price of €10.95 (29.4% below fair value)
Industry Position: 53.2% below the Interactive Media median (#84 of 541)
No single metric tells the full story. See the FRA:MRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Times Group MTG AB owns and operates gaming companies and studios with popular IPs across a wide range of casual and mid-core genres. The company's portfolio covers a wide range of evergreen gaming franchises like RAID: Shadow Legends, Forge of Empires, Top Drives, and Bloons, as well as word games like CrossWord Jam and WordTrip. Its games generate revenues through in-app purchases, advertising, and from third-party distribution platforms. It operates in a single business segment.
77GF Score
Get the complete analysis for FRA:MRTA
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