Walt Disney Company (DIS)

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	88,935,000	88,898,000	87,807,000	86,981,000	84,415,000	82,722,000	81,106,000	76,624,000	72,988,000	67,418,000	63,591,000	58,348,000	60,760,000	65,388,000	69,799,000	78,282,000	75,181,000
Receivables	US$ in thousands	14,115,000	12,330,000	13,112,000	12,770,000	13,993,000	12,652,000	13,685,000	13,746,000	14,882,000	13,367,000	13,355,000	12,533,000	14,051,000	12,708,000	12,622,000	14,532,000	17,100,000	15,481,000	15,673,000	14,593,000
Receivables turnover		6.30	7.21	6.70	6.81	6.03	6.54	5.93	5.57	4.90	5.04	4.76	4.66	4.32	5.15	5.53	5.39	4.40

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $88,935,000K ÷ $14,115,000K
= 6.30

The receivables turnover ratio of Walt Disney Company has been fluctuating over the past few quarters. The ratio indicates how effectively the company is able to collect payments from its customers. A higher turnover ratio is generally considered more favorable as it implies faster collection of receivables.

From the data provided, we can observe that the receivables turnover ratio ranged from 4.32 to 7.21 over the past 20 quarters. The highest turnover ratio was 7.21 in September 2023, indicating that the company was able to collect receivables more efficiently during that quarter. On the other hand, the lowest turnover ratio of 4.32 was recorded in December 2020.

Overall, the trend in receivables turnover for Walt Disney Company shows some variability, but there seems to be a general improvement in the efficiency of collecting receivables over time. Further analysis and comparison with industry benchmarks could provide additional insights into the company's performance in managing its accounts receivable.