Churchill Downs Incorporated (CHDN)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 2,734,300 | 2,461,700 | 1,809,800 | 1,597,200 | 1,054,000 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,734,300K ÷ $—K
= —
Churchill Downs Incorporated's receivables turnover ratio for the years from December 31, 2020, to December 31, 2024, is consistently denoted as "—." This indicates that specific data on receivables turnover is not available for the mentioned periods. As receivables turnover is a critical ratio that measures the efficiency of a company in collecting receivables from customers, the absence of this data hinders a comprehensive analysis of Churchill Downs Incorporated's effectiveness in managing its receivables. Understanding this ratio would have provided insights into the company's ability to timely convert credit sales into cash, assess its credit policies, and evaluate the effectiveness of its accounts receivable management.