Charter Communications Inc (CHTR)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	54,607,000	54,570,000	54,536,000	54,475,000	54,022,000	53,560,000	53,156,000	52,360,000	51,682,000	51,094,000	49,987,000	48,881,000	48,097,000	47,234,000	46,645,000	46,296,000	45,764,000	45,234,000	44,676,000	44,183,000
Receivables	US$ in thousands	2,965,000	2,932,000	2,864,000	2,851,000	2,921,000	2,841,000	2,779,000	2,530,000	2,579,000	2,645,000	2,583,000	2,395,000	2,201,000	2,068,000	1,994,000	2,091,000	2,227,000	2,284,000	2,070,000	1,578,000
Receivables turnover		18.42	18.61	19.04	19.11	18.49	18.85	19.13	20.70	20.04	19.32	19.35	20.41	21.85	22.84	23.39	22.14	20.55	19.80	21.58	28.00

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $54,607,000K ÷ $2,965,000K
= 18.42

The receivables turnover of Charter Communications Inc. has been relatively stable over the past eight quarters, ranging from 18.42 to 20.70. This indicates that the company is efficient in collecting its accounts receivable, with an average turnover of approximately 19.17 during this period. A higher turnover ratio suggests that the company is collecting its receivables more quickly, which is a positive sign of strong liquidity and efficient management of credit sales. Overall, Charter Communications Inc. appears to have a consistent and effective receivables management process in place.