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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. Black Rose Projects's Revenue for the
three
months ended in Mar. 2026 was zł0.17 Mil. Black Rose Projects's average Accounts Receivable for the
three
months ended in Mar. 2026 was zł0.09 Mil.
Hence, Black Rose Projects's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.87.
Black Rose Projects (WAR:BRP) 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.
Black Rose Projects Receivables Turnover Related Terms
Black Rose Projects Receivables Turnover Historical Data
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The historical data trend for Black Rose Projects'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.
WAR:BRP vs NTES, EA, TTWO: Receivables Turnover Comparison
For the Electronic Gaming & Multimedia subindustry, Black Rose Projects'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.
Black Rose Projects Receivables Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Black Rose Projects's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Black Rose Projects's Receivables Turnover falls into.
* 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.
Black Rose Projects (WAR:BRP) has a Receivables Turnover of 1.87 as of Mar. 2026. 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 Black Rose Projects and its competitors. According to the industry distribution chart, Black Rose Projects ranks #324 out of 535 companies in the Interactive Media industry, placing it in the top 60.6%.
Is Black Rose Projects' Receivables Turnover too high?
Black Rose Projects' current Receivables Turnover is 1.87. The Interactive Media industry median Receivables Turnover is 8.08. Black Rose Projects' value of 1.87 is 76.9% below this industry median. Based on the distribution chart, Black Rose Projects ranks #324 out of 535 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Black Rose Projects has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Black Rose Projects' Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, Black Rose Projects ranks #324 out of 535 companies for Receivables Turnover. This places Black Rose Projects in the lower half of its industry. The industry median Receivables Turnover is 8.08. Black Rose Projects' value of 1.87 is 76.9% below this benchmark. 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 an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 8.08, based on 535 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. Black Rose Projects's current Receivables Turnover of 1.87 is 76.9% below the industry median. 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 Black Rose Projects and its competitors. For the Interactive Media industry, the median Receivables Turnover is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Rose Projects's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Rose Projects stock overvalued right now?
Based on GuruFocus' analysis, Black Rose Projects (WAR:BRP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.52, compared to a current price of zł0.37 — trading 28.8% below its estimated fair value. The current Receivables Turnover is 1.87 and 76.9% below the Interactive Media industry median of 8.08. Black Rose Projects' overall GF Score™ is 36/100 with 7 warning signs to review. 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 Black Rose Projects (WAR:BRP), the current Receivables Turnover is 1.87 as of Mar. 2026. 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.
Is Black Rose Projects (WAR:BRP) Overvalued in 2026?
Based on GuruFocus' analysis, Black Rose Projects stock appears to be undervalued.
The current stock price of zł0.37 is trading 28.8% below its estimated GF Value™ of zł0.52.
GuruFocus considers Black Rose Projects to be Modestly Undervalued.
Key valuation signals for WAR:BRP:
Receivables Turnover: 1.87
GF Value™: zł0.52 vs. price of zł0.37 (28.8% below fair value)
Industry Position: 76.9% below the Interactive Media median (#324 of 535)
No single metric tells the full story. See the WAR:BRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Rose Projects SA develops porting computer and mobile games. It offers porting games for the PC platforms, Nintendo Switch, and PlayStation 4 consoles. Its services include porting, publishing, and managing the sales of given projects.
36GF Score
Get the complete analysis for WAR:BRP
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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