NXTP (NextPlay Technologies) Receivables Turnover: 0.00 (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Receivables Turnover?

NextPlay Technologies NXTP 14 Receivables Turnover is 0.00 as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

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. NextPlay Technologies's Revenue for the three months ended in Nov. 2022 was $0.63 Mil. NextPlay Technologies's average Accounts Receivable for the three months ended in Nov. 2022 was $0.00 Mil.


NextPlay Technologies  (OTCPK:NXTP) 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.


NextPlay Technologies Receivables Turnover Related Terms


NextPlay Technologies Receivables Turnover Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Receivables Turnover Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Receivables Turnover
0.00 10.69

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Receivables Turnover Get a 7-Day Free Trial 0.00 9.76 0.61 0.00 0.00

NXTP vs TAOP, CETX, IPSI: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, NextPlay Technologies'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.


NextPlay Technologies Receivables Turnover vs Software Industry

For the Software industry and Technology sector, NextPlay Technologies's Receivables Turnover distribution charts can be found below:

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


NXTP
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NextPlay Technologies Inc NXTP
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NextPlay Technologies Receivables Turnover Calculation

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

NextPlay Technologies's Receivables Turnover for the fiscal year that ended in Feb. 2022 is calculated as

Receivables Turnover (A: Feb. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2022 ) / ((Accounts Receivable (A: Feb. 2021 ) + Accounts Receivable (A: Feb. 2022 )) / count )
=8.203 / ((0 + 0.767) / 1 )
=8.203 / 0.767
=10.69

NextPlay Technologies's Receivables Turnover for the quarter that ended in Nov. 2022 is calculated as

Receivables Turnover (Q: Nov. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Nov. 2022 ) / ((Accounts Receivable (Q: Aug. 2022 ) + Accounts Receivable (Q: Nov. 2022 )) / count )
=0.629 / ((0 + 0) / 1 )
=0.629 / 0
=N/A

* 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 0.00 mean?
NextPlay Technologies (NXTP) has a Receivables Turnover of 0.00 as of Nov. 2022. 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 NextPlay Technologies and its competitors.
Is NextPlay Technologies' Receivables Turnover too high?
NextPlay Technologies' current Receivables Turnover is 0.00. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Receivables Turnover compare to TAOP and CETX?
NextPlay Technologies' Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 6.02. 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 Software company?
The median Receivables Turnover among Software companies is 6.02, based on 2,776 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. 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 NextPlay Technologies and its competitors. For the Software industry, the median Receivables Turnover is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextPlay Technologies's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Receivables Turnover is 0.00 as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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