GoPro (MEX:GPRON) Receivables Turnover : 1.63 (As of Mar. 2025)

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What is GoPro 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. GoPro's Revenue for the three months ended in Mar. 2025 was MXN2,748 Mil. GoPro's average Accounts Receivable for the three months ended in Mar. 2025 was MXN1,681 Mil. Hence, GoPro's Receivables Turnover for the three months ended in Mar. 2025 was 1.63.

GoPro Receivables Turnover Historical Data

The historical data trend for GoPro'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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GoPro Receivables Turnover Chart

GoPro Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.00

10.64

11.09

11.18

9.99

GoPro Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.91	2.50	2.43	1.90	1.63

Competitive Comparison of GoPro's Receivables Turnover

For the Consumer Electronics subindustry, GoPro'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.

GoPro's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GoPro's Receivables Turnover distribution charts can be found below:

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

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GoPro Receivables Turnover Calculation

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

GoPro'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 )
=	16715.28	/ (	(1552.329	+	1792.422)	/	2 )
=	16715.28	/	1672.3755
=	9.99

GoPro's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	2747.7	/ (	(1792.422	+	1568.878)	/	2 )
=	2747.7	/	1680.65
=	1.63

GoPro (MEX:GPRON) 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.

GoPro Receivables Turnover Related Terms

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GoPro Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GoPro Inc (MEX:GPRON) » Definitions » Receivables Turnover

Comparable Companies

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GPRO:USA 1GPRO:Italy 0R1C:UK 5G5:Germany 5G5:Germany GPRO34:Brazil GPRO:Austria

Address

3025 Clearview Way, San Mateo, CA, USA, 94402

Website

https://www.gopro.com

GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts and accessories, lifestyle gear, applications, and subscriptions and services. The company sells products across the world through retailers, distributors, and on GoPro.com. Its hardware products are designed and developed in the United States, France, China, and Romania, and a majority of the manufacturing is outsourced to contract manufacturers located in China, Thailand, and Vietnam. Geographically, the company generates maximum revenue from the Americas, followed by Europe, Middle East and Africa (EMEA), and Asia and Pacific (APAC) region.

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