Fox Corp Class B (FOX)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,300,000 | 16,105,000 | 15,181,000 | 14,337,000 | 13,980,000 | 13,920,000 | 14,557,000 | 14,928,000 | 14,913,000 | 14,914,000 | 14,285,000 | 14,121,000 | 13,974,000 | 13,831,000 | 13,591,000 | 13,237,000 | 12,909,000 | 12,437,000 | 12,662,000 | 12,353,000 |
| Receivables | US$ in thousands | 2,472,000 | 3,252,000 | 3,492,000 | 2,687,000 | 2,364,000 | 2,481,000 | 3,001,000 | 2,420,000 | 2,177,000 | 2,741,000 | 3,004,000 | 2,268,000 | 2,128,000 | 2,338,000 | 2,952,000 | 2,192,000 | 2,029,000 | 2,153,000 | 2,776,000 | 1,997,000 |
| Receivables turnover | 6.59 | 4.95 | 4.35 | 5.34 | 5.91 | 5.61 | 4.85 | 6.17 | 6.85 | 5.44 | 4.76 | 6.23 | 6.57 | 5.92 | 4.60 | 6.04 | 6.36 | 5.78 | 4.56 | 6.19 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $16,300,000K ÷ $2,472,000K
= 6.59
The receivables turnover ratio for Fox Corp Class B demonstrates notable fluctuations over the analyzed period from September 2020 through June 2025. Starting at 6.19 times in September 2020, the ratio exhibits a declining trend reaching its lowest point of 4.35 in December 2024. This decline suggests a potential increase in accounts receivable relative to sales, indicating a lengthening of the receivable collection period or a change in credit policies.
Conversely, the ratio shows several periods of recovery and growth, with a peak of 6.85 in June 2023 and reaching 6.59 in June 2025, indicating periods where receivables were turned over more swiftly, possibly reflecting improved collection efficiency or enhanced credit management practices.
Overall, the data indicates a pattern of cyclical fluctuations rather than a consistent upward or downward trend. The initial periods show a relatively higher turnover ratio around 6, which generally declines approaching late 2024, before subsequently improving in 2025. This pattern might be associated with evolving sales strategies, credit policies, or changes in the company's customer base and industry conditions.
In summary, the receivables turnover ratio has experienced periods of both decline and improvement, with the most recent data pointing toward a partial recovery in receivables management efficiency. These variations highlight the importance of ongoing assessment of credit and collection policies to optimize cash flow and working capital management.
Peer comparison
Jun 30, 2025