Flutter Entertainment (FRA:PPB) Receivables Turnover : 34.88 (As of Mar. 2025)

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What is Flutter Entertainment 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. Flutter Entertainment's Revenue for the three months ended in Mar. 2025 was €3,390 Mil. Flutter Entertainment's average Accounts Receivable for the three months ended in Mar. 2025 was €97 Mil. Hence, Flutter Entertainment's Receivables Turnover for the three months ended in Mar. 2025 was 34.88.

Flutter Entertainment Receivables Turnover Historical Data

The historical data trend for Flutter Entertainment'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.

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Flutter Entertainment Receivables Turnover Chart

Flutter Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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423.31

243.02

114.03

112.60

152.35

Flutter Entertainment Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															39.57	46.23	39.53	42.11	34.88

Competitive Comparison of Flutter Entertainment's Receivables Turnover

For the Gambling subindustry, Flutter Entertainment'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.

Flutter Entertainment's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Receivables Turnover distribution charts can be found below:

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

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Flutter Entertainment Receivables Turnover Calculation

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

Flutter Entertainment's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	13415.84	/ (	(82.53	+	93.59)	/	2 )
=	13415.84	/	88.06
=	152.35

Flutter Entertainment's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	3390.125	/ (	(93.59	+	100.825)	/	2 )
=	3390.125	/	97.2075
=	34.88

Flutter Entertainment (FRA:PPB) 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.

Flutter Entertainment Receivables Turnover Related Terms

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Flutter Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (FRA:PPB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FLUT:USA FLTRl:UK FLTR:UK PPB:Germany PPB:Germany

Address

300 Park Avenue South, New York, NY, USA, 10010

Website

https://www.flutter.com

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the US, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2024, the company offered products in over 100 countries and had 13.9 million average monthly users. In 2024, sports betting was 56% of revenue, online gaming 40%, and fantasy sports, horse racing, and other 4%.

Flutter Entertainment Headlines

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