VIP Entertainment Technologies (TSXV:VIP.H) Receivables Turnover: 0.00 (As of Dec. 2024)


What is VIP Entertainment Technologies Receivables Turnover?

VIP Entertainment Technologies TSXV:VIP.H Receivables Turnover is 0.00 as of Dec. 2024.

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. VIP Entertainment Technologies's Revenue for the three months ended in Dec. 2024 was C$0.00 Mil. VIP Entertainment Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.00 Mil.

VIP Entertainment Technologies  (TSXV:VIP.H) 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.

VIP Entertainment Technologies Receivables Turnover Related Terms

VIP Entertainment Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for VIP Entertainment 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.

VIP Entertainment Technologies Receivables Turnover Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Receivables Turnover
0.00 0.00 0.00 0.00

VIP Entertainment Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:VIP.H vs DKNG, CHDN, LNW: Receivables Turnover Comparison

For the Gambling subindustry, VIP Entertainment 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.

VIP Entertainment Technologies Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VIP Entertainment Technologies's Receivables Turnover distribution charts can be found below:

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


VIP Entertainment Technologies Receivables Turnover Calculation

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

VIP Entertainment Technologies's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

VIP Entertainment Technologies's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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?
VIP Entertainment Technologies (TSXV:VIP.H) has a Receivables Turnover of 0.00 as of Dec. 2024. 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 VIP Entertainment Technologies and its competitors.
Is VIP Entertainment Technologies' Receivables Turnover too high?
VIP Entertainment Technologies' current Receivables Turnover is 0.00.
How does VIP Entertainment Technologies' Receivables Turnover compare to DKNG and CHDN?
VIP Entertainment Technologies' Receivables Turnover of 0.00 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 13.95. 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 13.95, based on 834 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 VIP Entertainment Technologies and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Entertainment 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 VIP Entertainment Technologies stock overvalued right now?
VIP Entertainment Technologies (TSXV:VIP.H) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 VIP Entertainment Technologies (TSXV:VIP.H), the current Receivables Turnover is 0.00 as of Dec. 2024. 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.

VIP Entertainment Technologies Business Description

Address 3200, 500 4th Avenue SW, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is engaged in sports betting, casino games and poker through its VIP Bets platform and social gaming through its Free to Play platform, VIPFree2Play were suspended.