Starward Industries (WAR:STA) Receivables Turnover: 2.06 (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:STA Starward Industries SA WAR:STA
33 GF Score
Price zł8.12
! 4 Warning Signs
View Full Analysis

What is Starward Industries Receivables Turnover?

Starward Industries WAR:STA +7.41% 33 Receivables Turnover is 2.06 as of Mar. 2026. GuruFocus rates WAR:STA with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 541 Interactive Media companies, Starward Industries ranks worse than 59.89% 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. Starward Industries's Revenue for the three months ended in Mar. 2026 was zł0.64 Mil. Starward Industries's average Accounts Receivable for the three months ended in Mar. 2026 was zł0.31 Mil. Hence, Starward Industries's Receivables Turnover for the three months ended in Mar. 2026 was 2.06.


Starward Industries  (WAR:STA) 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.


Starward Industries Receivables Turnover Related Terms


Starward Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Starward Industries'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.

Starward Industries Receivables Turnover Chart

Starward Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 63.94 17.99

Starward Industries 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 5.77 1.41 1.61 1.74 2.06

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

For the Electronic Gaming & Multimedia subindustry, Starward Industries'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.


Starward Industries Receivables Turnover vs Interactive Media Industry

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

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


WAR:STA
33GF Score
Starward Industries SA WAR:STA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starward Industries Receivables Turnover Calculation

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

Starward Industries's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=2.177 / ((0.051 + 0.191) / 2 )
=2.177 / 0.121
=17.99

Starward Industries'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 )
=0.643 / ((0.249 + 0.376) / 2 )
=0.643 / 0.3125
=2.06

* 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 2.06 mean?
Starward Industries (WAR:STA) has a Receivables Turnover of 2.06 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 Starward Industries and its competitors. According to the industry distribution chart, Starward Industries ranks #324 out of 541 companies in the Interactive Media industry, placing it in the top 59.9%.
Is Starward Industries' Receivables Turnover too high?
Starward Industries' current Receivables Turnover is 2.06. The Interactive Media industry median Receivables Turnover is 7.84. Starward Industries' value of 2.06 is 73.7% below this industry median. Based on the distribution chart, Starward Industries ranks #324 out of 541 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Starward Industries has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Starward Industries' Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, Starward Industries ranks #324 out of 541 companies for Receivables Turnover. This places Starward Industries in the lower half of its industry. The industry median Receivables Turnover is 7.84. Starward Industries' value of 2.06 is 73.7% 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 7.84, 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. Starward Industries's current Receivables Turnover of 2.06 is 73.7% 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 Starward Industries and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starward Industries's current Receivables Turnover is 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starward Industries stock overvalued right now?
Starward Industries (WAR:STA) has a current Receivables Turnover of 2.06. The current Receivables Turnover is 2.06 and 73.7% below the Interactive Media industry median of 7.84. Starward Industries' overall GF Score™ is 33/100 with 4 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 Starward Industries (WAR:STA), the current Receivables Turnover is 2.06 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.

Starward Industries Business Description

Address Przemyslowa 12, Krakow, POL, 30-701
Starward Industries SA is an independent game developer. It operates in game industry intended for personal computers and game consoles.
33GF Score

Get the complete analysis for WAR:STA

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

zł8.12
Price