OAMCF (OverActive Media) Receivables Turnover : 0.88 (As of Sep. 2024)

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What is OverActive Media 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. OverActive Media's Revenue for the three months ended in Sep. 2024 was $5.08 Mil. OverActive Media's average Accounts Receivable for the three months ended in Sep. 2024 was $5.77 Mil. Hence, OverActive Media's Receivables Turnover for the three months ended in Sep. 2024 was 0.88.

OverActive Media Receivables Turnover Historical Data

The historical data trend for OverActive Media'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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OverActive Media Receivables Turnover Chart

OverActive Media Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

4.36

4.16

2.40

2.99

OverActive Media Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial												1.23	1.09	0.67	0.91	0.88

Competitive Comparison of OverActive Media's Receivables Turnover

For the Entertainment subindustry, OverActive Media'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.

OverActive Media's Receivables Turnover Distribution in the Media - Diversified Industry

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

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

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OverActive Media Receivables Turnover Calculation

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

OverActive Media's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	11.705	/ (	(4.85	+	2.979)	/	2 )
=	11.705	/	3.9145
=	2.99

OverActive Media's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	5.08	/ (	(5.561	+	5.97)	/	2 )
=	5.08	/	5.7655
=	0.88

OverActive Media (OTCPK:OAMCF) 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.

OverActive Media Receivables Turnover Related Terms

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OverActive Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » OverActive Media Corp (OTCPK:OAMCF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

OAM:Canada

Address

41 Fraser Avenue, Toronto, ON, CAN, M6K 1Y7

Website

https://www.overactivemedia.com

OverActive Media Corp owns and operates an integrated portfolio of esports teams as well as audience engagement. The segments of the company are Team Operations engaged in capturing league share payouts in the Company's various e-sports pro leagues, performance-based revenue and tournament prize winnings, and Business Operations segments engaged in sponsorships, team merchandise sales, live event sales, and costs relating to corporate and executive office operations. The company generates maximum revenue from the Business Operations segment. Geographically, the company derives a majority of its revenue from Canada.