Charter Communications Inc (CHTR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 55,085,000 | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 |
| Receivables | US$ in thousands | 3,097,000 | 2,965,000 | 2,921,000 | 2,579,000 | 2,201,000 |
| Receivables turnover | 17.79 | 18.42 | 18.49 | 20.04 | 21.85 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $55,085,000K ÷ $3,097,000K
= 17.79
The receivables turnover ratio of Charter Communications Inc has shown a gradual decline over the years, decreasing from 21.85 in December 2020 to 17.79 in December 2024. This ratio measures how efficiently the company is able to convert its accounts receivables into cash during a specific period. A decreasing trend in receivables turnover can indicate that the company is taking longer to collect payments from its customers, which may lead to cash flow challenges or potential liquidity issues. It is important for the company to closely monitor and manage its accounts receivables to ensure timely collections and efficient cash flow management.
Peer comparison
Dec 31, 2024