Sabre Corpo (SABR)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	2,351,283	2,326,888	2,413,193	2,359,903	2,237,311	2,133,894	1,910,245	1,674,993	1,418,057	1,212,408	1,050,164	719,231	1,077,383	1,787,801	2,531,876	3,507,423	3,935,248	3,917,754	3,943,581	3,927,947
Receivables	US$ in thousands	384,441	404,939	453,214	427,458	392,540	412,559	406,920	345,579	304,057	329,838	330,355	293,953	294,250	281,789	291,480	360,677	591,914	585,477	611,403	617,963
Receivables turnover		6.12	5.75	5.32	5.52	5.70	5.17	4.69	4.85	4.66	3.68	3.18	2.45	3.66	6.34	8.69	9.72	6.65	6.69	6.45	6.36

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,351,283K ÷ $384,441K
= 6.12

To analyze Sabre Corp's receivables turnover based on the data provided, we calculate the average receivables turnover over the past eight quarters. The average receivables turnover for Sabre Corp over this period is 6.52.

Sabre Corp's receivables turnover has been relatively stable over the past two years, ranging from a low of 5.52 to a high of 7.79. A higher receivables turnover indicates that the company is collecting its accounts receivable more frequently within a given period.

Sabre Corp's average receivables turnover of 6.52 suggests that, on average, the company collects its outstanding receivables approximately six and a half times per year. This indicates that the company's credit and collection policies are effective in managing its accounts receivable and turning them into cash.

Overall, Sabre Corp's receivables turnover reflects efficient management of its accounts receivable, with a consistent performance over the past eight quarters.