Comcast Corp (CMCSA)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 123,731,000 | 121,572,000 | 121,427,000 | 116,385,000 | 103,564,000 |
| Receivables | US$ in thousands | 13,661,000 | 13,813,000 | 12,672,000 | 12,008,000 | 11,466,000 |
| Receivables turnover | 9.06 | 8.80 | 9.58 | 9.69 | 9.03 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $123,731,000K ÷ $13,661,000K
= 9.06
The receivables turnover ratio for Comcast Corp has shown a relatively stable trend over the years. It increased from 9.03 in December 31, 2020, to 9.69 in December 31, 2021, indicating that the company was able to collect its outstanding receivables more efficiently during that period.
However, there was a slight decrease to 9.58 in December 31, 2022, and a more notable decrease to 8.80 in December 31, 2023, which may suggest potential challenges in collecting receivables or changes in the company's credit policies.
The ratio slightly recovered to 9.06 in December 31, 2024, showing some improvement in collecting receivables compared to the previous year. Overall, Comcast Corp's receivables turnover ratio has remained relatively healthy, reflecting the company's effectiveness in managing its accounts receivable and converting them into cash.
Peer comparison
Dec 31, 2024