Golden Entertainment Inc (GDEN)

Receivables turnover

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 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 666,818 733,305 829,798 949,145 1,053,149 1,102,168 1,123,435 1,126,126 1,121,719 1,123,967 1,127,396 1,130,491 1,096,543 1,020,213 943,187 726,694 694,155 730,661 768,579 940,675
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $666,818K ÷ $—K
= —

The receivables turnover ratio for Golden Entertainment Inc from March 31, 2020, to December 31, 2024, is not provided in the data provided. This ratio is a measure of a company's efficiency in collecting its accounts receivable during a specific period.

A higher receivables turnover ratio indicates that the company is collecting its outstanding receivables more quickly, which is favorable as it signifies better liquidity and cash flow management. Conversely, a lower ratio may suggest potential issues with collections or credit terms.

Without specific data points, it is challenging to assess the trend and performance of Golden Entertainment Inc regarding its receivables turnover. However, it is essential for the company to monitor this ratio regularly to ensure efficient management of accounts receivable and overall financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Golden Entertainment Inc
GDEN
Madison Square Garden Sports Corp
MSGS
Vail Resorts Inc
MTN
7.68
Walt Disney Company
DIS
7.18