Warner Bros Discovery Inc (WBD)

Receivables turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	38,893,000	34,837,000	12,787,000	10,974,000	11,510,000
Receivables	US$ in thousands	6,047,000	6,380,000	2,446,000	2,537,000	2,633,000
Receivables turnover		6.43	5.46	5.23	4.33	4.37

December 31, 2023 calculation

Receivables turnover = Revenue ÷ Receivables
= $38,893,000K ÷ $6,047,000K
= 6.43

Warner Bros. Discovery Inc's receivables turnover has shown a fluctuating trend over the past five years. The receivables turnover ratio measures how efficiently the company is able to collect payments from its customers.

In 2023, the receivables turnover ratio was 5.65, indicating that the company was able to collect its accounts receivable approximately 5.65 times during the year. This represents an improvement from the previous year when the ratio was 4.44.

Comparing the current ratio to earlier years, we see that it is higher than in 2021 (4.98) and 2020 (4.21), but slightly lower than in 2019 (4.23). This suggests that Warner Bros. Discovery Inc has been managing its receivables more efficiently in recent years.

Overall, the increasing trend in the receivables turnover ratio signals that the company is effective in converting its accounts receivable into cash. However, fluctuations in the ratio should be further analyzed to understand the underlying reasons behind the changes and to ensure consistency in the company's collection efforts.