GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Greek Organisation of Football Prognostics SA (OTCPK:GOFPY) » Definitions » Receivables Turnover

GOFPY (Greek Organisation of Football Prognostics) Receivables Turnover : 4.55 (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Greek Organisation of Football Prognostics 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. Greek Organisation of Football Prognostics's Revenue for the three months ended in Jun. 2024 was $391 Mil. Greek Organisation of Football Prognostics's average Accounts Receivable for the three months ended in Jun. 2024 was $86 Mil. Hence, Greek Organisation of Football Prognostics's Receivables Turnover for the three months ended in Jun. 2024 was 4.55.


Greek Organisation of Football Prognostics Receivables Turnover Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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.

* Premium members only.

Greek Organisation of Football Prognostics Receivables Turnover Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.30 7.05 12.68 14.69 15.33

Greek Organisation of Football Prognostics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.52 4.14 5.65 4.06 4.55

Competitive Comparison of Greek Organisation of Football Prognostics's Receivables Turnover

For the Gambling subindustry, Greek Organisation of Football Prognostics'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.


Greek Organisation of Football Prognostics's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's Receivables Turnover falls into.



Greek Organisation of Football Prognostics Receivables Turnover Calculation

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

Greek Organisation of Football Prognostics's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1700.54 / ((108.181 + 113.696) / 2 )
=1700.54 / 110.9385
=15.33

Greek Organisation of Football Prognostics's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=391.433 / ((87.671 + 84.363) / 2 )
=391.433 / 86.017
=4.55

* 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.


Greek Organisation of Football Prognostics  (OTCPK:GOFPY) 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.


Greek Organisation of Football Prognostics Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Greek Organisation of Football Prognostics's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Greek Organisation of Football Prognostics Business Description

Traded in Other Exchanges
Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.