Electronic Arts Inc (EA)
Receivables turnover
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 7,456,000 | 7,340,000 | 7,402,000 | 7,291,000 | 7,562,000 | 7,657,000 | 7,593,000 | 7,583,000 | 7,426,000 | 7,377,000 | 7,285,000 | 7,207,000 | 6,991,000 | 6,512,000 | 6,396,000 | 5,721,000 | 5,629,000 | 5,670,000 | 5,590,000 | 5,787,000 |
Receivables | US$ in thousands | 679,000 | 742,000 | 1,012,000 | 433,000 | 565,000 | 867,000 | 1,047,000 | 517,000 | 684,000 | 836,000 | 919,000 | 579,000 | 650,000 | 965,000 | 1,031,000 | 557,000 | 521,000 | 778,000 | 423,000 | 507,000 |
Receivables turnover | 10.98 | 9.89 | 7.31 | 16.84 | 13.38 | 8.83 | 7.25 | 14.67 | 10.86 | 8.82 | 7.93 | 12.45 | 10.76 | 6.75 | 6.20 | 10.27 | 10.80 | 7.29 | 13.22 | 11.41 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,456,000K ÷ $679,000K
= 10.98
The receivables turnover ratio of Electronic Arts Inc has shown fluctuations over the reporting periods provided.
The trend indicates that Electronic Arts Inc was able to collect its accounts receivables more frequently in some quarters compared to others. For instance, the receivables turnover ratio was relatively high in June 2023, March 2024, and June 2024, suggesting that the company was efficient in collecting its receivables during these periods.
Conversely, lower receivables turnover ratios were observed in December 2020, September 2021, and December 2021, indicating that Electronic Arts Inc took longer to collect its receivables during these periods.
Overall, a higher receivables turnover ratio implies that the company is more efficient in collecting payments from its customers, while a lower ratio may indicate potential issues with collections or credit policies. It is important for stakeholders to monitor this ratio to assess the company's effectiveness in managing its accounts receivables and maximizing cash flow.
Peer comparison
Mar 31, 2025