Flexion Mobile (OSTO:FLEXM) Receivables Turnover : 10.65 (As of Dec. 2024)

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What is Flexion Mobile 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. Flexion Mobile's Revenue for the three months ended in Dec. 2024 was kr305 Mil. Flexion Mobile's average Accounts Receivable for the three months ended in Dec. 2024 was kr29 Mil. Hence, Flexion Mobile's Receivables Turnover for the three months ended in Dec. 2024 was 10.65.

Flexion Mobile Receivables Turnover Historical Data

The historical data trend for Flexion Mobile'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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Flexion Mobile Receivables Turnover Chart

Flexion Mobile Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Dec23

Dec24

Receivables Turnover

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137.28

362.85

74.01

52.33

48.95

Flexion Mobile 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															16.13	9.55	6.81	8.73	10.65

Competitive Comparison of Flexion Mobile's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Flexion Mobile'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.

Flexion Mobile's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Flexion Mobile's Receivables Turnover distribution charts can be found below:

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

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Flexion Mobile Receivables Turnover Calculation

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

Flexion Mobile'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 )
=	1063.004	/ (	(11.348	+	32.08)	/	2 )
=	1063.004	/	21.714
=	48.95

Flexion Mobile'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 )
=	304.608	/ (	(25.14	+	32.08)	/	2 )
=	304.608	/	28.61
=	10.65

Flexion Mobile (OSTO:FLEXM) 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.

Flexion Mobile Receivables Turnover Related Terms

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Flexion Mobile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Flexion Mobile PLC (OSTO:FLEXM) » Definitions » Receivables Turnover

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Address

Harbour Yard Unit G5, Chelsea Harbour, London, GBR, SW10 0XD

Website

https://www.flexion.games

Flexion Mobile PLC offers marketing services within the gaming industry. It offers services to extend the reach of games, providing both technical input and marketing to drive increased revenue and wider audiences by maximizing their performance in new alternative app stores, including Amazon, Samsung, Huawei, Xiaomi, and ONE Store. The company has two operating segments, Distribution which generates maximum revenue, and Marketing Services. Geographically, it generates maximum revenue from its customers in Asia, and the rest from North America, United Kingdom, Middle East Africa, Europe, and South America.

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