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.