PlayWay (WAR:PLW) Receivables Turnover: 1.72 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:PLW PlayWay SA WAR:PLW
88 GF Score
Price zł239.50
GF Value zł313.11
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is PlayWay Receivables Turnover?

PlayWay WAR:PLW +0.42% 88 Receivables Turnover is 1.72 as of Mar. 2026. GuruFocus rates WAR:PLW with a GF Score™ of 88/100 and a GF Value™ of zł313.11 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 541 Interactive Media companies, PlayWay ranks worse than 60.81% on this metric.

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. PlayWay's Revenue for the three months ended in Mar. 2026 was zł73.3 Mil. PlayWay's average Accounts Receivable for the three months ended in Mar. 2026 was zł42.6 Mil. Hence, PlayWay's Receivables Turnover for the three months ended in Mar. 2026 was 1.72.


PlayWay  (WAR:PLW) 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.


PlayWay Receivables Turnover Related Terms


PlayWay Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay Receivables Turnover Chart

PlayWay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 5.52 5.08 6.06 7.60

PlayWay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.72 1.62 1.50 1.85 1.72

WAR:PLW vs NTES, EA, TTWO: Receivables Turnover Comparison

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay Receivables Turnover vs Interactive Media Industry

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

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


WAR:PLW
88GF Score
PlayWay SA WAR:PLW
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlayWay Receivables Turnover Calculation

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

PlayWay's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=298.211 / ((40.701 + 37.802) / 2 )
=298.211 / 39.2515
=7.60

PlayWay's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=73.301 / ((37.802 + 47.476) / 2 )
=73.301 / 42.639
=1.72

* 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 1.72 mean?
PlayWay (WAR:PLW) has a Receivables Turnover of 1.72 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 PlayWay and its competitors. According to the industry distribution chart, PlayWay ranks #329 out of 541 companies in the Interactive Media industry, placing it in the top 60.8%.
Is PlayWay's Receivables Turnover too high?
PlayWay's current Receivables Turnover is 1.72. The Interactive Media industry median Receivables Turnover is 7.87. PlayWay's value of 1.72 is 78.1% below this industry median. Based on the distribution chart, PlayWay ranks #329 out of 541 companies in the Interactive Media industry, which is below the industry midpoint. Overall, PlayWay has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlayWay ranks #329 out of 541 companies for Receivables Turnover. This places PlayWay in the lower half of its industry. The industry median Receivables Turnover is 7.87. PlayWay's value of 1.72 is 78.1% 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 7.87, based on 541 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. PlayWay's current Receivables Turnover of 1.72 is 78.1% 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 PlayWay and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlayWay's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł313.11, compared to a current price of zł239.50 — trading 23.5% below its estimated fair value. The current Receivables Turnover is 1.72 and 78.1% below the Interactive Media industry median of 7.87. PlayWay's overall GF Score™ is 88/100 with 8 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 PlayWay (WAR:PLW), the current Receivables Turnover is 1.72 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł239.50 is trading 23.5% below its estimated GF Value™ of zł313.11. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • Receivables Turnover: 1.72
  • GF Value™: zł313.11 vs. price of zł239.50 (23.5% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 78.1% below the Interactive Media median (#329 of 541)

No single metric tells the full story. See the WAR:PLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
88GF Score

Get the complete analysis for WAR:PLW

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

zł239.50
Price
zł313.11
GF Value