Napster Group (LSE:NAPS) Receivables Turnover : 0.00 (As of Jun. 2021)

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What is Napster Group 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. Napster Group's Revenue for the three months ended in Jun. 2021 was £0.00 Mil. Napster Group's average Accounts Receivable for the three months ended in Jun. 2021 was £9.18 Mil.

Napster Group Receivables Turnover Historical Data

The historical data trend for Napster Group'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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Napster Group Receivables Turnover Chart

Napster Group Annual Data

Trend

Sep17

Sep18

Dec20

Receivables Turnover

7.02

6.66

0.13

Napster Group Quarterly Data
	Sep17	Sep18	Jun20	Dec20	Jun21
Receivables Turnover	-	-	-	-	-

Competitive Comparison of Napster Group's Receivables Turnover

For the Entertainment subindustry, Napster Group'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.

Napster Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Napster Group's Receivables Turnover distribution charts can be found below:

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

Napster Group Receivables Turnover Calculation

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

Napster Group's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Sep. 2018 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	0.988	/ (	(15.277	+	0.266)	/	2 )
=	0.988	/	7.7715
=	0.13

Napster Group's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

	Receivables Turnover (Q: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2021 )	/ (	(Accounts Receivable (Q: Dec. 2020 )	+	Accounts Receivable (Q: Jun. 2021 ))	/	count )
=	0	/ (	(0.266	+	18.087)	/	2 )
=	0	/	9.1765
=	N/A

Napster Group (LSE:NAPS) 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.

Napster Group Receivables Turnover Related Terms

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Napster Group (LSE:NAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Napster Group PLC (LSE:NAPS) » Definitions » Receivables Turnover

Comparable Companies

XFCI BOM:531420 BOM:532378 BOM:530457

Traded in Other Exchanges

N/A

Address

55 Poland Street, London, GBR, W1F 7NL

Website

https://www.napster.group

Napster Group PLC is a music company. It offers global music platform combining music streaming and immersive content that allows users to experience music performances in Virtual Reality. It derives revenue through Content sales, Telco partnerships, Content licensing, and Ticket revenue.

Napster Group (LSE:NAPS) Headlines

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