GIFT (Giftify) Receivables Turnover : 23.08 (As of Dec. 2024)

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What is Giftify 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. Giftify's Revenue for the three months ended in Dec. 2024 was $24.18 Mil. Giftify's average Accounts Receivable for the three months ended in Dec. 2024 was $1.05 Mil. Hence, Giftify's Receivables Turnover for the three months ended in Dec. 2024 was 23.08.

Giftify Receivables Turnover Historical Data

The historical data trend for Giftify'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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Giftify Receivables Turnover Chart

Giftify Annual Data

Trend

Aug04

Aug05

May16

May17

May18

Dec19

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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148.00

45.53

119.17

54.32

69.13

Giftify Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															23.08	15.42	19.89	22.05	23.08

Competitive Comparison of Giftify's Receivables Turnover

For the Internet Content & Information subindustry, Giftify'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.

Giftify's Receivables Turnover Distribution in the Interactive Media Industry

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

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

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Giftify Receivables Turnover Calculation

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

Giftify'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 )
=	88.934	/ (	(1.681	+	0.892)	/	2 )
=	88.934	/	1.2865
=	69.13

Giftify's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	24.181	/ (	(1.203	+	0.892)	/	2 )
=	24.181	/	1.0475
=	23.08

Giftify (NAS:GIFT) 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.

Giftify Receivables Turnover Related Terms

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Giftify Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giftify Inc (NAS:GIFT) » Definitions » Receivables Turnover

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Address

1100 Woodfield Road, Suite 510, Schaumberg, IL, USA, 60173

Website

https://www.giftifyinc.com

Giftify Inc through its wholly-owned subsidiary, has been in the business of connecting digital consumers, businesses and communities with dining and merchant deal options throughout the United States. The company connects digital consumers, businesses, and communities offering dining and merchant deal options nationwide restaurants, and retailers to customers. The Company buys merchant gift cards from the general public and distributors at a discount and then resells them at a markup.