News Corp B (NWS)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,452,000 | 9,401,000 | 9,386,000 | 9,283,000 | 9,205,000 | 9,061,000 | 9,514,000 | 9,900,000 | 9,879,000 | 10,120,000 | 10,165,000 | 10,361,000 | 10,385,000 | 10,203,000 | 10,046,000 | 9,743,000 | 9,358,000 | 8,789,000 | 8,720,000 | 8,785,000 |
| Receivables | US$ in thousands | 1,562,000 | 1,539,000 | 1,655,000 | 1,698,000 | 1,503,000 | 1,438,000 | 1,516,000 | 1,559,000 | 1,425,000 | 1,540,000 | 1,636,000 | 1,473,000 | 1,502,000 | 1,532,000 | 1,665,000 | 1,499,000 | 1,498,000 | 1,335,000 | 1,444,000 | 1,240,000 |
| Receivables turnover | 5.41 | 6.11 | 5.67 | 5.47 | 6.12 | 6.30 | 6.28 | 6.35 | 6.93 | 6.57 | 6.21 | 7.03 | 6.91 | 6.66 | 6.03 | 6.50 | 6.25 | 6.58 | 6.04 | 7.08 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,452,000K ÷ $1,562,000K
= 5.41
The receivables turnover ratio for News Corp B demonstrates a generally stable performance over the observed period, reflecting the company's efficiency in collecting accounts receivable.
From September 30, 2020, to December 31, 2021, the ratio fluctuated within a relatively narrow range of approximately 6.03 to 7.08. The highest ratio during this period was recorded on September 30, 2020, at 7.08, indicating the company’s ability to convert receivables into cash approximately 7 times annually. Conversely, the lowest was noted on December 31, 2020, at 6.04.
In the subsequent period from March 31, 2021, to September 30, 2022, the ratio exhibited gradual improvement, reaching a peak of 7.03 on September 30, 2022. This suggests a slight enhancement in receivables collection efficiency during this interval.
However, the ratios show a declining tendency thereafter, particularly evident from September 30, 2022, onward. The ratio declined to 6.21 by December 31, 2022, and remained within the 6.30 to 6.57 range until March 31, 2023. This slight decrease indicates marginally longer collection periods but still aligns with typical industry norms.
In the most recent period through June 30, 2024, the ratio is observed at approximately 6.12 to 6.30, indicating persistent stability with a slight downward trend. Notably, the ratio experienced a more pronounced decline to 5.47 on September 30, 2024, suggesting a dip in receivables collection efficiency, which could be attributed to changes in credit terms, customer relationships, or economic conditions. However, it recovered somewhat to 5.67 by December 31, 2024, and remained relatively steady, around 6.11 to 6.30, in early 2025.
Overall, the receivables turnover ratio for News Corp B has demonstrated moderate fluctuation within a consistent range, reflecting a stable but slightly declining trend in receivables collection speed. The ratios imply that the company generally disposes of its receivables in roughly 52 to 67 days, with recent periods indicating somewhat extended collection cycles.
Peer comparison
Jun 30, 2025