Walt Disney Company (DIS)

Receivables turnover

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	US$ in thousands	91,361,000	88,898,000	82,722,000	67,418,000	65,388,000
Receivables	US$ in thousands	12,729,000	12,330,000	12,652,000	13,367,000	12,708,000
Receivables turnover		7.18	7.21	6.54	5.04	5.15

September 30, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $91,361,000K ÷ $12,729,000K
= 7.18

The receivables turnover ratio of Walt Disney Company has shown a fluctuating trend over the past five years. In 2024, the company's receivables turnover ratio was 7.18, slightly lower than the ratio of 7.21 in the previous year. This indicates that, on average, Walt Disney collected its accounts receivable approximately 7.18 times during the year.

Comparing to the figures from 2022 and 2021, we see an improvement in receivables turnover, as the ratio increased from 6.54 to 5.04. This suggests that the company has become more efficient in collecting outstanding receivables.

However, when looking at the data from 2020, we observe a slight decrease in the receivables turnover ratio from 5.15 to 5.04 in 2021. This could indicate that the company took slightly longer to collect its receivables during that period.

Overall, the trend in Walt Disney's receivables turnover ratio demonstrates some variability, but the general direction has been towards improved efficiency in collecting accounts receivable over the past five years.