Airbnb Inc (ABNB)

Receivables turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 9,917,000 8,337,000 5,577,050
Receivables US$ in thousands 205,000 161,000 111,649
Receivables turnover 48.38 51.78 49.95

December 31, 2023 calculation

Receivables turnover = Revenue ÷ Receivables
= $9,917,000K ÷ $205,000K
= 48.38

To calculate Airbnb Inc's receivables turnover ratio, we need information on the average accounts receivable and credit sales. Unfortunately, the data provided in the table is insufficient to compute the receivables turnover ratio for the years 2019 to 2023.

The receivables turnover ratio is an important indicator of how efficiently a company collects outstanding receivables from its customers during a specific period. A high turnover ratio suggests that the company is managing its accounts receivable effectively and collecting payments promptly. Conversely, a low turnover ratio may indicate potential issues with credit policies, collection efforts, or the quality of customers.

Given the absence of data on accounts receivable and credit sales in the table, it is not possible to analyze Airbnb Inc's receivables turnover ratio trends or make informed assessments about the company's effectiveness in managing its receivables over the years. To evaluate this aspect of Airbnb's financial performance, additional information would be necessary.


Peer comparison

Dec 31, 2023

Company name
Symbol
Receivables turnover
Airbnb Inc
ABNB
48.38
ABM Industries Incorporated
ABM
Frontdoor Inc
FTDR
296.67
Rollins Inc
ROL
14.26

See also:

Airbnb Inc Receivables Turnover