News Corp A (NWSA)
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 A has exhibited a generally stable trend over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 6.25 times in 2021 to 6.91 times in 2022, indicating an improvement in the efficiency of receivables collection during this period. This upward movement continued marginally into 2023, reaching 6.93 times, suggesting a sustained or slightly enhanced ability to collect receivables promptly.
However, a decline is observed in the subsequent year, with the ratio decreasing to 6.71 times in 2024. Despite this decrease, the ratio remains relatively close to its 2022 and 2023 levels, indicating only a modest slowdown in receivables collection efficiency for that year.
The most significant change occurs in 2025, where the receivables turnover drops notably to 5.31 times. This decline represents a substantial reduction in collection efficiency compared to prior years, implying that the company took longer to convert receivables into cash. This could be indicative of changes in credit policies, broader economic factors impacting customer payments, or potential deterioration in the quality of receivables.
Overall, the data reflects a period of stability in receivables management during 2022 and 2023, followed by a noticeable decline in 2025. The trend suggests that, while the company previously maintained effective receivables management, recent periods have seen a deterioration in collection efficiency.
Peer comparison
Jun 30, 2025