News Corp B (NWS)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,452,000 | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 |
| Receivables | US$ in thousands | 1,591,000 | 1,503,000 | 1,425,000 | 1,502,000 | 1,498,000 |
| Receivables turnover | 5.31 | 6.71 | 6.93 | 6.91 | 6.25 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,452,000K ÷ $1,591,000K
= 5.31
The receivables turnover ratio for News Corp B over the period from June 30, 2021, to June 30, 2025, demonstrates notable fluctuations, reflecting changes in the company's ability to efficiently collect receivables.
In 2021, the ratio was 6.25, indicating that receivables were collected approximately 6.25 times during the year. This ratio increased in 2022 to 6.91, suggesting an improvement in the company's collection efficiency. The upward trend continued slightly into 2023, with a marginal increase to 6.93, maintaining a similar level of receivables management effectiveness.
However, in 2024, the ratio declined slightly to 6.71, signaling a minor reduction in collection efficiency but still reflecting a relatively stable receivables turnover period compared to previous years. By 2025, there was a more pronounced decrease to 5.31, indicating a significant slowdown in the company's ability to convert receivables into cash within the year, possibly due to changes in credit policies, customer payment behaviors, or other external and internal factors impacting receivables management.
Overall, the data illustrates a trend of initial improvement in receivables collection efficiency from 2021 through 2023, followed by stabilization in 2024, and a notable decline in 2025, which warrants further investigation to understand underlying causes and implications for cash flow and working capital management.
Peer comparison
Jun 30, 2025