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