Art Games Studio (WAR:ARG) Receivables Turnover : 3.60 (As of Dec. 2024)

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What is Art Games Studio 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. Art Games Studio's Revenue for the three months ended in Dec. 2024 was zł0.36 Mil. Art Games Studio's average Accounts Receivable for the three months ended in Dec. 2024 was zł0.10 Mil. Hence, Art Games Studio's Receivables Turnover for the three months ended in Dec. 2024 was 3.60.

Art Games Studio Receivables Turnover Historical Data

The historical data trend for Art Games Studio'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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Art Games Studio Receivables Turnover Chart

Art Games Studio Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.72

9.81

6.28

5.37

12.92

Art Games Studio 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															1.77	1.53	1.71	3.16	3.60

Competitive Comparison of Art Games Studio's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Art Games Studio'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.

Art Games Studio's Receivables Turnover Distribution in the Interactive Media Industry

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

* The bar in red indicates where Art Games Studio's Receivables Turnover falls into.

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Art Games Studio Receivables Turnover Calculation

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

Art Games Studio'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 )
=	1.163	/ (	(0.099	+	0.081)	/	2 )
=	1.163	/	0.09
=	12.92

Art Games Studio'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 )
=	0.36	/ (	(0.119	+	0.081)	/	2 )
=	0.36	/	0.1
=	3.60

Art Games Studio (WAR:ARG) 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.

Art Games Studio Receivables Turnover Related Terms

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Art Games Studio Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Art Games Studio SA (WAR:ARG) » Definitions » Receivables Turnover

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Address

ul. Powazkowska 15, Warsaw, POL, 01-797

Website

https://www.art-games.com

Art Games Studio SA is a Poland based company operates in the video games market, specializing in the production and distribution of desktop games. The group has developed games such as Earthworms, Bad Dream: Fever and Escape Doodland for sale. The company has made games available for IOS, Android and other types of consoles.

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