Churchill Downs Incorporated (CHDN)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,734,300 | 2,671,300 | 2,615,300 | 2,493,100 | 2,461,700 | 2,380,600 | 2,191,200 | 2,005,200 | 1,809,800 | 1,694,500 | 1,704,400 | 1,637,000 | 1,597,200 | 1,510,600 | 1,455,400 | 1,125,400 | 1,054,000 | 1,056,400 | 1,024,900 | 1,317,200 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,734,300K ÷ $—K
= —
The receivables turnover ratio for Churchill Downs Incorporated is not available as indicated by the data provided for the periods up to December 31, 2024. The receivables turnover ratio is a financial metric used to assess how efficiently a company is managing its receivables by measuring the number of times a company collects its average accounts receivable balance during a period.
Without the specific values for accounts receivable and sales, it is not possible to calculate the receivables turnover ratio. A higher receivables turnover ratio generally indicates that a company is collecting its outstanding receivables more quickly, which is favorable as it implies more efficient cash flow management. Conversely, a lower ratio may suggest potential issues with collections or an inefficient use of resources.
In the case of Churchill Downs Incorporated, the lack of data for the receivables turnover ratio limits our ability to analyze the company's effectiveness in collecting its receivables. Additional information or historical data would be required to provide a more in-depth evaluation of this aspect of the company's financial performance.