Penn National Gaming Inc (PENN)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 6,578,100 6,362,900 6,401,700 5,905,000 3,578,700
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $6,578,100K ÷ $—K
= —

Based on the provided data, the receivables turnover for Penn National Gaming Inc is not available for the years 2020 through 2024. Receivables turnover is a critical ratio that measures a company's ability to efficiently collect outstanding receivables from its customers. Without specific values for this ratio, it is challenging to assess the company's effectiveness in managing its accounts receivable and converting credit sales into cash.

It is recommended for stakeholders and investors to seek additional information or historical data on the receivables turnover to gain a better understanding of Penn National Gaming Inc's liquidity and credit management practices. The absence of this information limits the ability to conduct a comprehensive analysis of the company's receivables turnover efficiency over time.