NSBBF (NorthStar Gaming Holdings) Receivables Turnover: 3.48 (As of Sep. 2025)

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What is NorthStar Gaming Holdings Receivables Turnover?

NorthStar Gaming Holdings NSBBF Receivables Turnover is 3.48 as of Sep. 2025. The stock has 4 warning signs investors should review. Among 829 Travel & Leisure companies, NorthStar Gaming Holdings ranks better than 59.71% on this metric.

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. NorthStar Gaming Holdings's Revenue for the three months ended in Sep. 2025 was $5.02 Mil. NorthStar Gaming Holdings's average Accounts Receivable for the three months ended in Sep. 2025 was $1.44 Mil. Hence, NorthStar Gaming Holdings's Receivables Turnover for the three months ended in Sep. 2025 was 3.48.


NorthStar Gaming Holdings  (OTCPK:NSBBF) 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.


NorthStar Gaming Holdings Receivables Turnover Related Terms


NorthStar Gaming Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NorthStar Gaming Holdings'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.

NorthStar Gaming Holdings Receivables Turnover Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23 Dec24
Receivables Turnover
0.00 51.55 30.07

NorthStar Gaming Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 6.43 5.58 5.00 3.48

NSBBF vs FLUT, DKNG, SGHC: Receivables Turnover Comparison

For the Gambling subindustry, NorthStar Gaming Holdings'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.


NorthStar Gaming Holdings Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NorthStar Gaming Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NorthStar Gaming Holdings's Receivables Turnover falls into.



NorthStar Gaming Holdings Receivables Turnover Calculation

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

NorthStar Gaming Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=20.745 / ((0.541 + 0.839) / 2 )
=20.745 / 0.69
=30.07

NorthStar Gaming Holdings's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=5.016 / ((1.381 + 1.501) / 2 )
=5.016 / 1.441
=3.48

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.48 mean?
NorthStar Gaming Holdings (NSBBF) has a Receivables Turnover of 3.48 as of Sep. 2025. The accounts 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. View historical data on NorthStar Gaming Holdings and its competitors. According to the industry distribution chart, NorthStar Gaming Holdings ranks #334 out of 829 companies in the Travel & Leisure industry, placing it in the top 40.3%.
Is NorthStar Gaming Holdings' Receivables Turnover too high?
NorthStar Gaming Holdings' current Receivables Turnover is 3.48. The Travel & Leisure industry median Receivables Turnover is 14.09. NorthStar Gaming Holdings' value of 3.48 is 75.3% below this industry median. Based on the distribution chart, NorthStar Gaming Holdings ranks #334 out of 829 companies in the Travel & Leisure industry, which is above the industry midpoint.
How does NorthStar Gaming Holdings' Receivables Turnover compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, NorthStar Gaming Holdings ranks #334 out of 829 companies for Receivables Turnover. This puts NorthStar Gaming Holdings in the upper half of its industry. The industry median Receivables Turnover is 14.09. NorthStar Gaming Holdings' value of 3.48 is 75.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.09, based on 829 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NorthStar Gaming Holdings's current Receivables Turnover of 3.48 is 75.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on NorthStar Gaming Holdings and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthStar Gaming Holdings's current Receivables Turnover is 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthStar Gaming Holdings stock overvalued right now?
NorthStar Gaming Holdings (NSBBF) has a current Receivables Turnover of 3.48. The current Receivables Turnover is 3.48 and 75.3% below the Travel & Leisure industry median of 14.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For NorthStar Gaming Holdings (NSBBF), the current Receivables Turnover is 3.48 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NorthStar Gaming Holdings Business Description

Other Exchanges BET:Canada
Address 220 King Street West, Suite 200, Toronto, ON, CAN, M5H 1K4
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. The company earns revenues from two main sources: gaming revenues for its online casino and sports betting operations; and managed services revenues.