Light & Wonder Inc (LNW)
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 | 2,887,000 | 2,857,000 | 2,781,000 | 2,655,000 | 2,559,000 | 2,515,000 | 2,782,000 | 2,545,000 | 2,403,000 | 2,721,000 | 2,166,000 | 2,415,000 | 2,454,000 | 2,354,000 | 2,413,000 | 2,057,000 | 2,032,000 | 2,455,000 | 2,744,000 | 3,186,000 |
| Receivables | US$ in thousands | 585,000 | 580,000 | 575,000 | 504,000 | 506,000 | 477,000 | 499,000 | 458,000 | 455,000 | 426,000 | 415,000 | 431,000 | 423,000 | 415,000 | 636,000 | 621,000 | 616,000 | 662,000 | 612,000 | 624,000 |
| Receivables turnover | 4.94 | 4.93 | 4.84 | 5.27 | 5.06 | 5.27 | 5.58 | 5.56 | 5.28 | 6.39 | 5.22 | 5.60 | 5.80 | 5.67 | 3.79 | 3.31 | 3.30 | 3.71 | 4.48 | 5.11 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,887,000K ÷ $585,000K
= 4.94
The receivables turnover of Light & Wonder Inc has shown some fluctuations over the reporting periods. The turnover ratio measures how efficiently the company is managing its receivables in collecting cash from customers. A higher turnover indicates that the company is collecting payments from customers more quickly.
From March 31, 2020, to December 31, 2024, the receivables turnover ratio ranged from a low of 3.30 to a high of 6.39. Generally, the trend appears to have increased in the first few periods, peaked around September 30, 2022, and then slightly decreased towards the end of the reporting period. This indicates that the company improved its efficiency in collecting payments but saw a slight decline in later periods.
Overall, Light & Wonder Inc has shown a relatively stable performance in managing its receivables, with the ratio hovering around 5 in recent periods. This suggests that the company has been efficient in converting its credit sales into cash, although management may want to investigate the decrease in the ratio towards the end of the reporting period to ensure optimal cash flow management and customer credit policies.
Peer comparison
Dec 31, 2024