Light & Wonder Inc (LNW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Receivables | US$ in thousands | 585,000 | 506,000 | 455,000 | 423,000 | 616,000 |
| Receivables turnover | 4.95 | 5.04 | 4.48 | 4.84 | 3.71 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,893,000K ÷ $585,000K
= 4.95
The receivables turnover of Light & Wonder Inc has shown a positive trend over the past five years. Starting at 3.71 in December 31, 2020, it has consistently improved each year, reaching its peak at 5.04 in December 31, 2023. This indicates that the company is collecting its accounts receivable more efficiently, with customers paying off their debts faster. However, there was a slight decrease in the receivables turnover to 4.95 in December 31, 2024. Despite this dip, the overall trend suggests that Light & Wonder Inc has been effective in managing its accounts receivable turnover, ensuring the timely collection of receivables and maintaining a healthy cash flow position.
Peer comparison
Dec 31, 2024