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U (Unity Software) Receivables Turnover : 0.79 (As of Dec. 2024)


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What is Unity Software 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. Unity Software's Revenue for the three months ended in Dec. 2024 was $457 Mil. Unity Software's average Accounts Receivable for the three months ended in Dec. 2024 was $575 Mil. Hence, Unity Software's Receivables Turnover for the three months ended in Dec. 2024 was 0.79.


Unity Software Receivables Turnover Historical Data

The historical data trend for Unity Software'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.

Unity Software Receivables Turnover Chart

Unity Software Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 3.22 3.61 2.86 3.51 3.06

Unity Software 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 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 1.00 0.75 0.75 0.78 0.79

Competitive Comparison of Unity Software's Receivables Turnover

For the Software - Application subindustry, Unity Software'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.


Unity Software's Receivables Turnover Distribution in the Software Industry

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

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


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Unity Software Receivables Turnover Calculation

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

Unity Software'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 )
=1813.255 / ((611.723 + 573.884) / 2 )
=1813.255 / 592.8035
=3.06

Unity Software'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 )
=457.099 / ((576.436 + 573.884) / 2 )
=457.099 / 575.16
=0.79

* 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.


Unity Software  (NYSE:U) 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.


Unity Software Receivables Turnover Related Terms

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Unity Software Business Description

Traded in Other Exchanges
Address
116 New Montgomery Street, San Francisco, CA, USA, 94105-3607
Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC, and other Americas, and key revenue is derived from the EMEA region. The products are used in the gaming industry, retail, automotive, architecture, engineering, and construction.
Executives
Anirma Gupta officer: SVP, General Counsel C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Mark Barrysmith officer: Principal Accounting Officer C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Tomer Bar-zeev director, officer: President, Grow C/O IRONSOURCE LTD., 121 MENACHEM BEGIN STREET, TEL AVIV L3 6701203
David Helgason director C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
Robynne Sisco director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shlomo Dovrat director 16 ABBA EBAN AVENUE, HERZELIYA L3 46725
Michelle K. Lee director C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102
Marc Whitten officer: SVP & GM, Create Solutions C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103
James M Whitehurst director, officer: Interim CEO and President IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Luis Felipe Visoso director C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Carol W. Carpenter officer: SVP & Chief Marketing Officer 1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
Silver Lake Group, L.l.c. director, 10 percent owner 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John S. Riccitiello director, officer: President and CEO 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Clive Downie officer: SVP & Chief Marketing Officer 699 8TH STREET, SAN FRANCISCO CA 94103
Ingrid Lestiyo officer: SVP & GM, Operate Solutions C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103