Angler Gaming (XSAT:ANGL) Receivables Turnover : 1.16 (As of Dec. 2024)

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What is Angler Gaming Receivables Turnover?

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. Angler Gaming's Revenue for the three months ended in Dec. 2024 was kr107.7 Mil. Angler Gaming's average Accounts Receivable for the three months ended in Dec. 2024 was kr92.6 Mil. Hence, Angler Gaming's Receivables Turnover for the three months ended in Dec. 2024 was 1.16.

Angler Gaming Receivables Turnover Historical Data

The historical data trend for Angler Gaming'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.

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Angler Gaming Receivables Turnover Chart

Angler Gaming Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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462.81

68.29

37.68

63.41

27.58

Angler Gaming Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.03	1.70	0.82	0.73	1.16

Competitive Comparison of Angler Gaming's Receivables Turnover

For the Gambling subindustry, Angler Gaming'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.

Angler Gaming's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's Receivables Turnover distribution charts can be found below:

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

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Angler Gaming Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	463.176	/ (	(7.439	+	26.145)	/	2 )
=	463.176	/	16.792
=	27.58

Angler Gaming's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	107.676	/ (	(159.1	+	26.145)	/	2 )
=	107.676	/	92.6225
=	1.16

Angler Gaming (XSAT:ANGL) 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.

Angler Gaming Receivables Turnover Related Terms

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Angler Gaming Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Angler Gaming PLC (XSAT:ANGL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0QM:Germany

Address

75 Abate Rigord Street, Level G, Office 1 / 3327, Quantum House, Ta' Xbiex, MLT

Website

https://www.anglergaming.com

Angler Gaming PLC is a holding company in Malta that invests in companies that offer gaming services over the Internet. Its core business activities are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of the company is generated from Casino revenue, Marketing, and SEO revenue, and Dividend received.