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. iCandy Interactive's Revenue for the
six
months ended in Dec. 2024 was €14.77 Mil. iCandy Interactive's average Accounts Receivable for the
six
months ended in Dec. 2024 was €1.91 Mil.
Hence, iCandy Interactive's Receivables Turnover for the
six
months ended in Dec. 2024 was 7.72.
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.
iCandy Interactive Receivables Turnover Related Terms
iCandy Interactive Receivables Turnover Historical Data
* Premium members only.
The historical data trend for iCandy Interactive'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.
FRA:ZP6 vs NTES, RBLX, TTWO: Receivables Turnover Comparison
For the Electronic Gaming & Multimedia subindustry, iCandy Interactive'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.
iCandy Interactive Receivables Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, iCandy Interactive's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where iCandy Interactive'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.
iCandy Interactive (FRA:ZP6) has a Receivables Turnover of 7.72 as of Dec. 2024. 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 iCandy Interactive and its competitors.
Is iCandy Interactive's Receivables Turnover too high?
iCandy Interactive's current Receivables Turnover is 7.72. The Interactive Media industry median Receivables Turnover is 7.84. iCandy Interactive's value of 7.72 is 1.5% below this industry median.
How does iCandy Interactive's Receivables Turnover compare to NTES and RBLX?
iCandy Interactive's Receivables Turnover of 7.72 can be compared against companies in the Interactive Media industry. The industry median Receivables Turnover is 7.84. iCandy Interactive's value of 7.72 is 1.5% 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 7.84, 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. iCandy Interactive's current Receivables Turnover of 7.72 is 1.5% 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 iCandy Interactive and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iCandy Interactive's current Receivables Turnover is 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iCandy Interactive stock overvalued right now?
iCandy Interactive (FRA:ZP6) has a current Receivables Turnover of 7.72. The current Receivables Turnover is 7.72 and 1.5% below the Interactive Media industry median of 7.84. 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 iCandy Interactive (FRA:ZP6), the current Receivables Turnover is 7.72 as of Dec. 2024. 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.
iCandy Interactive Ltd is an investment holding company. The company is engaged in developing and publishing freenium games for smartphones, which are free-to-download and free-to-play for platers. It has two operating segments: Game development services; which is also the key revenue driver. and Game development and publishing for the development of intellectual properties for software applications and games.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZP6 has been successfully added to your 