GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snail Inc (NAS:SNAL) » Definitions » Receivables Turnover

Snail (SNAL) Receivables Turnover : 0.80 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Snail 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. Snail's Revenue for the three months ended in Mar. 2024 was $14.12 Mil. Snail's average Accounts Receivable for the three months ended in Mar. 2024 was $17.55 Mil. Hence, Snail's Receivables Turnover for the three months ended in Mar. 2024 was 0.80.


Snail Receivables Turnover Historical Data

The historical data trend for Snail'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.

* Premium members only.

Snail Receivables Turnover Chart

Snail Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- 9.66 8.48 4.91 2.82

Snail Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 1.66 0.87 1.40 0.80

Competitive Comparison of Snail's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Snail'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.


Snail's Receivables Turnover Distribution in the Interactive Media Industry

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

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



Snail Receivables Turnover Calculation

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

Snail'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 )
=60.902 / ((18.102 + 25.135) / 2 )
=60.902 / 21.6185
=2.82

Snail's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=14.116 / ((25.135 + 9.96) / 2 )
=14.116 / 17.5475
=0.80

* 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.


Snail  (NAS:SNAL) 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.


Snail Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Snail's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Snail (SNAL) Business Description

Traded in Other Exchanges
N/A
Address
12049 Jefferson Boulevard, Culver City, CA, USA, 90230
Snail Inc is a global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PC's and mobile devices. Geographic presence of company is in United States and International majority of its revenue comes from United States.
Executives
Heidy Kingwan Chow officer: Chief Financial Officer 92 KESTREL, IRVINE CA 92618
Neil Foster director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Hai Shi director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Jim S. Tsai officer: Chief Executive Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Sandra Pundmann director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Peter Yung Kang officer: Chief Operating Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Ying Zhou director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Xiaoming Ye 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Qianrong Capital Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Suzhou Ding Rong Investment Management Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Hua Yuan International Ltd 10 percent owner ROOM 8201, INTERNATIONAL COMMERCE CENTRE, 1 AUSTIN ROAD WEST, KOWLOON, HONG KONG K3 999077
Ancient Jade (east) Holdings Ltd 10 percent owner FLOOR 12 - TOWER D, NO.1 XUANWUMENWAI ST, XICHENG DISTRICT, BEIJING F4 100000