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ZEAL Network SE (LTS:0QJQ) Receivables Turnover : 5.19 (As of Dec. 2024)


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What is ZEAL Network SE 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. ZEAL Network SE's Revenue for the three months ended in Dec. 2024 was €67.2 Mil. ZEAL Network SE's average Accounts Receivable for the three months ended in Dec. 2024 was €13.0 Mil. Hence, ZEAL Network SE's Receivables Turnover for the three months ended in Dec. 2024 was 5.19.


ZEAL Network SE Receivables Turnover Historical Data

The historical data trend for ZEAL Network SE'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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ZEAL Network SE Receivables Turnover Chart

ZEAL Network SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.59 4.49 5.53 6.04 7.77

ZEAL Network SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.20 2.65 20.13 23.98 5.19

Competitive Comparison of ZEAL Network SE's Receivables Turnover

For the Gambling subindustry, ZEAL Network SE'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.


ZEAL Network SE's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where ZEAL Network SE's Receivables Turnover falls into.


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ZEAL Network SE Receivables Turnover Calculation

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

ZEAL Network SE'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 )
=188.198 / ((24.716 + 23.745) / 2 )
=188.198 / 24.2305
=7.77

ZEAL Network SE'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 )
=67.246 / ((2.169 + 23.745) / 2 )
=67.246 / 12.957
=5.19

* 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.


ZEAL Network SE  (LTS:0QJQ) 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.


ZEAL Network SE Receivables Turnover Related Terms

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ZEAL Network SE Business Description

Traded in Other Exchanges
Address
Strassenbahnring 11, Hamburg, NI, DEU, 20251
ZEAL Network SE is a holding company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The German operating segment of the company are online brokerage of lotteries, the running of charity lotteries, and the operation of games, and the other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures.

ZEAL Network SE Headlines

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