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Mega Matrix (Mega Matrix) Receivables Turnover : 29.27 (As of Mar. 2024)


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What is Mega Matrix 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. Mega Matrix's Revenue for the three months ended in Mar. 2024 was $8.69 Mil. Mega Matrix's average Accounts Receivable for the three months ended in Mar. 2024 was $0.30 Mil. Hence, Mega Matrix's Receivables Turnover for the three months ended in Mar. 2024 was 29.27.


Mega Matrix Receivables Turnover Historical Data

The historical data trend for Mega Matrix'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.

* Premium members only.

Mega Matrix Receivables Turnover Chart

Mega Matrix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.47 55.35 24.49 - -

Mega Matrix 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 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 - - - - 29.27

Competitive Comparison of Mega Matrix's Receivables Turnover

For the Entertainment subindustry, Mega Matrix'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.


Mega Matrix's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mega Matrix's Receivables Turnover distribution charts can be found below:

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



Mega Matrix Receivables Turnover Calculation

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

Mega Matrix'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 )
=0.048 / ((0 + 0) / 1 )
=0.048 / 0
=N/A

Mega Matrix'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 )
=8.692 / ((0 + 0.297) / 1 )
=8.692 / 0.297
=29.27

* 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.


Mega Matrix  (AMEX:MPU) 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.


Mega Matrix Receivables Turnover Related Terms

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Mega Matrix (Mega Matrix) Business Description

Traded in Other Exchanges
N/A
Address
3000 El Camino Real, Building 4, Suite 200, Palo Alto, CA, USA, 94306
Mega Matrix Corp is a holding company. It operates through its two subsidiaries Mega Metaverse Corp (Mega) and JetFleet Management Corp (JMC). The Company has three business segments which are comprised of 1) ETH staking business, 2) the GameFi business, and 3) the leasing of regional aircraft to foreign and domestic regional airlines. The majority of the company's revenue is earned through Leasing business segment.
Executives
Yucheng Hu director, 10 percent owner, officer: CEO and Chairman GROUP 7, YANTAI VILLAGE, LAOYE TOWN, YINGSHAN, SICHUAN F4 00000000
Yunheng Zhang director, officer: Chief Operating Officer 3000 EL CAMINO REAL, BLDG 4, STE 200, PALO ALTO CA 94306
Jianan Jiang director 46886 BLACKBERRY CT, STERLING VA 20164
Siyuan Zhu director ROOM 1101, BUILDING 4, NO. 88 SOUTH WUNING RD., JINAN DISTRICT, SHANGHAI F4 00000000
Qin Yao director 5A, BUILDING E, NORTH BAONENG TAIGUCHENG, ZHONGXIN ROAD, NANSHAN DISTRICT, SHENZHEN, GUANGDONG F4 00000000
Qin Carol Wang officer: Chief Financial Officer ROOM 403, NO. 7, LANE 173, YANZHONG ROAD, PUDONG NEW DISTRICT, SHANGHAI F4 00000000
Florence Ng director, officer: GCO VP 1618 17TH AVENUE, SAN FRANCISCO CA 94122
David Paul Wilson director 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Michael Gerhard Magnusson officer: President & CEO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Harold M Lyons officer: SVP Finance & CFO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Evan M Wallach director 1440 CHAPIN AVE, STE 310, BURLINGAME CA 94010
Toni M Perazzo director, 10 percent owner, officer: Sr. V.P. Finance, Secty. 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Neal D Crispin director, 10 percent owner, officer: President & Chairman 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Jetfleet Holding Corp. 10 percent owner 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010