News Corp A (NWSA)
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 of News Corp A exhibits fluctuating but generally stable performance over the analyzed period. At the beginning of this timeline, as of September 30, 2020, the ratio stood at 7.08, indicating that receivables were collected approximately 7.08 times within the fiscal period. This ratio declined to 6.04 by December 31, 2020, suggesting a slight decrease in collection efficiency during that quarter.
Subsequently, the ratio experienced some variability but remained within a relatively narrow range. It increased modestly to 6.58 by March 31, 2021, and hovered around similar levels throughout 2021, with values such as 6.50 on September 30, 2021, and 6.03 on December 31, 2021. The ratio continued to demonstrate a gradual upward trend in 2022, reaching 6.66 at the end of March, then progressing to 6.91 on June 30, 2022, and further increasing to 7.03 by September 30, 2022.
Throughout 2023, the receivables turnover ratio remained relatively stable, oscillating between approximately 6.21 and 6.93. Notably, it peaked at 6.93 on June 30, 2023, and slightly declined afterward, with a ratio of 6.35 reported on September 30, 2023. In the period extending into 2024 and mid-2025, the ratio showed variations, decreasing to 5.41 on June 30, 2025, after reaching a temporary high of 6.30 on March 31, 2024.
Overall, the data indicate that News Corp A's receivables collection efficiency has remained steady with minor fluctuations over the analyzed period. The average ratio suggests a balanced approach to receivables management, avoiding significant deterioration or improvement in collection periods. The slight downward trend toward the later months and into 2025 may suggest some weakening in collection efficiency or changes in credit policies, but the ratios still reflect effective receivables management comparable to previous periods.
Peer comparison
Jun 30, 2025