Ultimate Games (WAR:ULG) Receivables Turnover: 2.40 (As of Sep. 2025)

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WAR:ULG Ultimate Games SA WAR:ULG
90 GF Score
Price zł13.90
GF Value zł16.90
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ultimate Games Receivables Turnover?

Ultimate Games WAR:ULG -1.07% 90 Receivables Turnover is 2.40 as of Sep. 2025. GuruFocus rates WAR:ULG with a GF Score™ of 90/100 and a GF Value™ of zł16.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 534 Interactive Media companies, Ultimate Games ranks better than 64.79% 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. Ultimate Games's Revenue for the three months ended in Sep. 2025 was zł12.64 Mil. Ultimate Games's average Accounts Receivable for the three months ended in Sep. 2025 was zł5.27 Mil. Hence, Ultimate Games's Receivables Turnover for the three months ended in Sep. 2025 was 2.40.


Ultimate Games  (WAR:ULG) 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.


Ultimate Games Receivables Turnover Related Terms


Ultimate Games Receivables Turnover Historical Data

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The historical data trend for Ultimate Games'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.

Ultimate Games Receivables Turnover Chart

Ultimate Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 8.67 7.57 6.68 8.24 13.18

Ultimate Games Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.93 3.07 3.01 2.17 2.40

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

For the Electronic Gaming & Multimedia subindustry, Ultimate Games'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.


Ultimate Games Receivables Turnover vs Interactive Media Industry

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

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


WAR:ULG
90GF Score
Ultimate Games SA WAR:ULG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultimate Games Receivables Turnover Calculation

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

Ultimate Games'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 )
=24.236 / ((1.47 + 2.208) / 2 )
=24.236 / 1.839
=13.18

Ultimate Games's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=12.637 / ((5.498 + 5.051) / 2 )
=12.637 / 5.2745
=2.40

* 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 2.40 mean?
Ultimate Games (WAR:ULG) has a Receivables Turnover of 2.40 as of Sep. 2025. 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 Ultimate Games and its competitors. According to the industry distribution chart, Ultimate Games ranks #188 out of 534 companies in the Interactive Media industry, placing it in the top 35.2%.
Is Ultimate Games' Receivables Turnover too high?
Ultimate Games' current Receivables Turnover is 2.40. The Interactive Media industry median Receivables Turnover is 8.08. Ultimate Games' value of 2.40 is 70.3% below this industry median. Based on the distribution chart, Ultimate Games ranks #188 out of 534 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Ultimate Games has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Games' Receivables Turnover compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ultimate Games ranks #188 out of 534 companies for Receivables Turnover. This puts Ultimate Games in the upper half of its industry. The industry median Receivables Turnover is 8.08. Ultimate Games' value of 2.40 is 70.3% 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 534 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. Ultimate Games's current Receivables Turnover of 2.40 is 70.3% 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 Ultimate Games 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. Ultimate Games's current Receivables Turnover is 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Games stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Games (WAR:ULG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł16.90, compared to a current price of zł13.90 — trading 17.8% below its estimated fair value. The current Receivables Turnover is 2.40 and 70.3% below the Interactive Media industry median of 8.08. Ultimate Games' overall GF Score™ is 90/100 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 Ultimate Games (WAR:ULG), the current Receivables Turnover is 2.40 as of Sep. 2025. 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 Ultimate Games (WAR:ULG) Overvalued in 2026?

Based on GuruFocus' analysis, Ultimate Games stock appears to be undervalued. The current stock price of zł13.90 is trading 17.8% below its estimated GF Value™ of zł16.90. GuruFocus considers Ultimate Games to be Modestly Undervalued.

Key valuation signals for WAR:ULG:

  • Receivables Turnover: 2.40
  • GF Value™: zł16.90 vs. price of zł13.90 (17.8% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 70.3% below the Interactive Media median (#188 of 534)

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


Ultimate Games Business Description

Address ul. Marszalkowska 87/102, Warsaw, POL, 00-683
Ultimate Games SA is a Polish company that operates in the video games market. It is engaged in the production and distribution of games for desktops, mobile devices, and consoles. It develops games on fishing, hunting, and hobby including Ultimate fishing simulator, Pro 2018 Fishing, Priest, Bouncy BOB, Darkest hunters, Earthworms, and The Worst Day Ever.
90GF Score

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

zł13.90
Price
zł16.90
GF Value