Fox Corp Class B (FOX)

Receivables turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	16,300,000	13,980,000	14,913,000	13,974,000	12,909,000
Receivables	US$ in thousands	2,472,000	2,364,000	2,177,000	2,128,000	2,029,000
Receivables turnover		6.59	5.91	6.85	6.57	6.36

June 30, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $16,300,000K ÷ $2,472,000K
= 6.59

The receivables turnover ratio for Fox Corp Class B has demonstrated fluctuations over the examined period. As of June 30, 2021, the ratio was recorded at 6.36, indicating the company collected its accounts receivable approximately 6.36 times during that fiscal year. This metric increased modestly to 6.57 by June 30, 2022, reflecting a slight improvement in receivables collection efficiency. The trend continued upward, reaching 6.85 in the fiscal year ending June 30, 2023, suggesting an enhanced ability to convert receivables into cash within the period.

However, in the subsequent fiscal year ending June 30, 2024, the receivables turnover declined to 5.91, signaling a decrease in collection efficiency, potentially due to extended credit terms or slower receivables collection processes. The ratio then rose again to 6.59 as of June 30, 2025, indicating a recovery in receivables management and collection performance.

Overall, the data reveals a pattern characterized by incremental improvements amid occasional declines, with the highest turnover observed in 2023, and a decline in 2024 followed by a partial rebound in 2025. The ratios suggest that while the company generally maintains efficient receivables management, there are periods of relative slowdown that could warrant further analysis to identify underlying causes and assess their impact on liquidity and cash flow management.