MERLIN GROUP Spolka Akcyjna (WAR:MRG) Receivables Turnover: 0.61 (As of Sep. 2022)

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WAR:MRG MERLIN GROUP Spolka Akcyjna WAR:MRG
38 GF Score
Price zł0.17
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What is MERLIN GROUP Spolka Akcyjna Receivables Turnover?

MERLIN GROUP Spolka Akcyjna WAR:MRG 38 Receivables Turnover is 0.61 as of Sep. 2022. GuruFocus rates WAR:MRG with a GF Score™ of 38/100.

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. MERLIN GROUP Spolka Akcyjna's Revenue for the three months ended in Sep. 2022 was zł0.09 Mil. MERLIN GROUP Spolka Akcyjna's average Accounts Receivable for the three months ended in Sep. 2022 was zł0.15 Mil. Hence, MERLIN GROUP Spolka Akcyjna's Receivables Turnover for the three months ended in Sep. 2022 was 0.61.


MERLIN GROUP Spolka Akcyjna  (WAR:MRG) 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.


MERLIN GROUP Spolka Akcyjna Receivables Turnover Related Terms


MERLIN GROUP Spolka Akcyjna Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna Receivables Turnover Chart

MERLIN GROUP Spolka Akcyjna Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 36.23 38.79 55.20 250.10

MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 9.74 3.65 0.05 6.56 0.61

WAR:MRG vs OMC, IPG, ZD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.


MERLIN GROUP Spolka Akcyjna Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MERLIN GROUP Spolka Akcyjna's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's Receivables Turnover falls into.


WAR:MRG
38GF Score
MERLIN GROUP Spolka Akcyjna WAR:MRG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MERLIN GROUP Spolka Akcyjna Receivables Turnover Calculation

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

MERLIN GROUP Spolka Akcyjna's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=33.763 / ((0.163 + 0.107) / 2 )
=33.763 / 0.135
=250.10

MERLIN GROUP Spolka Akcyjna's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.092 / ((0.152 + 0) / 1 )
=0.092 / 0.152
=0.61

* 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 0.61 mean?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a Receivables Turnover of 0.61 as of Sep. 2022. 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 MERLIN GROUP Spolka Akcyjna and its competitors.
Is MERLIN GROUP Spolka Akcyjna's Receivables Turnover too high?
MERLIN GROUP Spolka Akcyjna's current Receivables Turnover is 0.61. The Media - Diversified industry median Receivables Turnover is 5.46. MERLIN GROUP Spolka Akcyjna's value of 0.61 is 88.8% below this industry median. Overall, MERLIN GROUP Spolka Akcyjna has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does MERLIN GROUP Spolka Akcyjna's Receivables Turnover compare to OMC and IPG?
MERLIN GROUP Spolka Akcyjna's Receivables Turnover of 0.61 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.46. MERLIN GROUP Spolka Akcyjna's value of 0.61 is 88.8% 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 a Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.46, based on 1,004 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. MERLIN GROUP Spolka Akcyjna's current Receivables Turnover of 0.61 is 88.8% 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 MERLIN GROUP Spolka Akcyjna and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MERLIN GROUP Spolka Akcyjna's current Receivables Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERLIN GROUP Spolka Akcyjna stock overvalued right now?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a current Receivables Turnover of 0.61. The current Receivables Turnover is 0.61 and 88.8% below the Media - Diversified industry median of 5.46. MERLIN GROUP Spolka Akcyjna's overall GF Score™ is 38/100. 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 MERLIN GROUP Spolka Akcyjna (WAR:MRG), the current Receivables Turnover is 0.61 as of Sep. 2022. 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.

MERLIN GROUP Spolka Akcyjna Business Description

Address Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.
38GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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