GameSquare Holdings (GameSquare Holdings) Receivables Turnover : 1.07 (As of Dec. 2023)

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What is GameSquare 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. GameSquare Holdings's Revenue for the three months ended in Dec. 2023 was $16.76 Mil. GameSquare Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $15.61 Mil. Hence, GameSquare Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.07.

GameSquare Holdings Receivables Turnover Historical Data

The historical data trend for GameSquare 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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GameSquare Holdings Receivables Turnover Chart

GameSquare Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Dec23

Receivables Turnover

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7.84

4.05

4.64

4.31

3.97

GameSquare Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.00	1.20	1.35	1.13	1.07

Competitive Comparison of GameSquare Holdings's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, GameSquare 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.

GameSquare Holdings's Receivables Turnover Distribution in the Interactive Media Industry

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

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

GameSquare Holdings Receivables Turnover Calculation

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

GameSquare 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: Aug. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	51.998	/ (	(9.751	+	16.46)	/	2 )
=	51.998	/	13.1055
=	3.97

GameSquare Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	16.763	/ (	(14.764	+	16.46)	/	2 )
=	16.763	/	15.612
=	1.07

GameSquare Holdings (NAS:GAME) 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.

GameSquare Holdings Receivables Turnover Related Terms

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GameSquare Holdings (GameSquare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GameSquare Holdings Inc (NAS:GAME) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MJ00:Germany GAME:Canada

Address

2110 Powers Ferry Road SE, Suite 450, Atlanta, FL, USA, 30339

Website

https://www.gamesquare.com

GameSquare Holdings Inc is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. GAME's end-to-end platform includes GCN, a digital media company focused on gaming and esports audiences, Cut+Sew (Zoned), a gaming and lifestyle marketing agency, USA, Code Red Esports Ltd., a UK based esports talent agency, Complexity Gaming, a leading esports organization, Fourth Frame Studios, a creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.