DouYu International Holdings (DouYu International Holdings) Receivables Turnover : 16.20 (As of Mar. 2024)

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What is DouYu International Holdings 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. DouYu International Holdings's Revenue for the three months ended in Mar. 2024 was $144.4 Mil. DouYu International Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $8.9 Mil. Hence, DouYu International Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 16.20.

DouYu International Holdings Receivables Turnover Historical Data

The historical data trend for DouYu International Holdings'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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DouYu International Holdings Receivables Turnover Chart

DouYu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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45.52

51.19

47.50

44.61

59.70

DouYu International Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															14.13	14.19	16.19	17.54	16.20

Competitive Comparison of DouYu International Holdings's Receivables Turnover

For the Internet Content & Information subindustry, DouYu International Holdings'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.

DouYu International Holdings's Receivables Turnover Distribution in the Interactive Media Industry

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

* The bar in red indicates where DouYu International Holdings's Receivables Turnover falls into.

DouYu International Holdings Receivables Turnover Calculation

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

DouYu International Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	774.545	/ (	(15.66	+	10.287)	/	2 )
=	774.545	/	12.9735
=	59.70

DouYu International Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	144.37	/ (	(10.287	+	7.533)	/	2 )
=	144.37	/	8.91
=	16.20

DouYu International Holdings (NAS:DOYU) 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.

DouYu International Holdings Receivables Turnover Related Terms

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DouYu International Holdings (DouYu International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DouYu International Holdings Ltd (NAS:DOYU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DY8A:Germany

Address

No. 473 Guanshan Avenue, 20th Floor, Building A, New Development International Center, Hongshan District, Hubei Province, Wuhan, CHN, 430073

Website

https://www.douyu.com

DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.