Penn National Gaming Inc (PENN)
Receivables turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,578,100 | 6,304,500 | 6,284,700 | 6,296,500 | 6,362,900 | 6,553,100 | 6,558,700 | 6,510,800 | 6,401,700 | 6,388,600 | 6,275,400 | 6,194,300 | 5,905,000 | 5,359,900 | 4,977,800 | 3,737,500 | 3,578,700 | 3,892,500 | 4,117,300 | 5,134,890 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,578,100K ÷ $—K
= —
The receivables turnover ratio for Penn National Gaming Inc is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided. The receivables turnover ratio is a financial metric that measures how efficiently a company collects its accounts receivable during a specific period.
A high receivables turnover ratio indicates that the company efficiently collects payments from its customers and effectively manages its credit policies. Conversely, a low receivables turnover ratio may suggest issues with credit policies or difficulties in collecting payments, leading to potential liquidity concerns.
Without specific data on the receivables turnover ratio for Penn National Gaming Inc, it is challenging to provide a detailed analysis of the company's effectiveness in managing its accounts receivable over time. It is important for investors and stakeholders to monitor this ratio to assess the company's financial health and operational efficiency in managing its receivables.
Peer comparison
Dec 31, 2024