ironSource (ironSource) Receivables Turnover : 0.66 (As of Jun. 2022)

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What is ironSource 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. ironSource's Revenue for the three months ended in Jun. 2022 was $182.8 Mil. ironSource's average Accounts Receivable for the three months ended in Jun. 2022 was $277.2 Mil. Hence, ironSource's Receivables Turnover for the three months ended in Jun. 2022 was 0.66.

ironSource Receivables Turnover Historical Data

The historical data trend for ironSource'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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ironSource Receivables Turnover Chart

ironSource Annual Data

Trend

Dec19

Dec20

Dec21

Receivables Turnover

2.19

2.89

ironSource Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Receivables Turnover	Get a 7-Day Free Trial					0.72	0.75	0.75	0.76	0.66

Competitive Comparison of ironSource's Receivables Turnover

For the Software - Application subindustry, ironSource'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.

ironSource's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, ironSource's Receivables Turnover distribution charts can be found below:

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

ironSource Receivables Turnover Calculation

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

ironSource's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	553.466	/ (	(151.503	+	232.049)	/	2 )
=	553.466	/	191.776
=	2.89

ironSource's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

	Receivables Turnover (Q: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Jun. 2022 ))	/	count )
=	182.785	/ (	(267.603	+	286.809)	/	2 )
=	182.785	/	277.206
=	0.66

ironSource (NYSE:IS) 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.

ironSource Receivables Turnover Related Terms

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ironSource (ironSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ironSource Ltd (NYSE:IS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Menachem Begin Street, Azrieli Sarona Tower, Tel Aviv, ISR, 6701203

Website

https://www.is.com

ironSource Ltd is a business platform that enables mobile content creators to prosper within the app economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses. The ironSource platform also empowers telecom operators to create a richer device experiences for their customers.