Six Flags Entertainment Corporation (FUN)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,798,670 | 1,817,380 | 1,338,220 | 181,555 | 1,474,920 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,798,670K ÷ $—K
= —
In this case, the receivables turnover ratio for Six Flags Entertainment Corporation is not provided for the years 2019 to 2023. Receivables turnover ratio is a financial ratio that measures how efficiently a company collects on its credit sales.
To calculate the receivables turnover ratio, you would typically divide the net credit sales by the average accounts receivable balance.
Without the specific receivables turnover values for Six Flags Entertainment Corporation, a detailed analysis of its accounts receivable management efficiency cannot be provided. It is essential to have this ratio to assess how quickly the company is collecting its outstanding receivables and whether there have been any significant changes in its collection practices over the years.
If you are able to obtain the receivables turnover figures, please feel free to provide them for a more in-depth analysis.
Peer comparison
Dec 31, 2023