Airbnb Inc (ABNB)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	11,102,000	10,791,000	10,456,000	10,192,000	9,885,000	9,638,930	9,126,340	8,746,450	8,405,530	7,998,080	7,352,000	6,583,090	5,593,549
Receivables	US$ in thousands	147,000	175,000	175,000	175,000	205,000	206,000	218,000	185,000	161,000	150,721	170,488	123,060	111,649
Receivables turnover		75.52	61.66	59.75	58.24	48.22	46.79	41.86	47.28	52.21	53.07	43.12	53.49	50.10

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,102,000K ÷ $147,000K
= 75.52

Receivables turnover is a financial ratio that measures how efficiently a company is collecting its accounts receivable during a specific period. It indicates how many times, on average, a company collects its accounts receivable balance in a given period. A higher receivables turnover ratio is generally preferable, as it suggests that the company is collecting its outstanding receivables more quickly.

Based on the data provided for Airbnb Inc, we observe fluctuations in the receivables turnover ratio over the quarters from December 31, 2021, to December 31, 2024. The receivables turnover ratio ranged from a low of 41.86 on June 30, 2023, to a high of 75.52 on December 31, 2024.

It is noteworthy that the receivables turnover ratio generally increased from the beginning of the observation period in December 31, 2021, to the end of the period in December 31, 2024. This upward trend signifies improved efficiency in collecting receivables over time. Particularly noteworthy is the significant increase in the ratio from June 30, 2023, to December 31, 2024, indicating a notable enhancement in the company's ability to collect outstanding receivables promptly.

Overall, the upward trend in the receivables turnover ratio indicates that Airbnb Inc has been successful in managing its accounts receivable efficiently, translating into quicker collection cycles for the company's receivables over the period under evaluation.