Warner Bros Discovery Inc (WBD)

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	38,893,000	43,065,000	42,909,000	42,378,000	34,837,000	26,592,000	19,919,000	13,154,000	12,787,000	12,193,000	11,604,000	11,083,000	10,974,000	10,659,000	10,776,000	11,120,000	11,144,000	11,079,000	10,993,000	10,953,000
Receivables	US$ in thousands	6,047,000	6,312,000	6,770,000	6,833,000	6,380,000	6,669,000	7,049,000	2,426,000	2,446,000	2,462,000	2,657,000	2,476,000	2,537,000	2,444,000	2,473,000	2,564,000	2,633,000	2,695,000	2,854,000	2,625,000
Receivables turnover		6.43	6.82	6.34	6.20	5.46	3.99	2.83	5.42	5.23	4.95	4.37	4.48	4.33	4.36	4.36	4.34	4.23	4.11	3.85	4.17

December 31, 2023 calculation

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

Warner Bros. Discovery Inc's receivables turnover has shown fluctuations over the past eight quarters. The average receivables turnover ratio for the last eight quarters is approximately 5.17.

- The lowest receivables turnover ratio was in Q2 2022 at 2.74, potentially indicating a longer collection period for receivables during that period.
- The highest receivables turnover ratio was in Q3 2023 at 6.66, suggesting that the company was able to collect its accounts receivable more efficiently during that quarter.
- The receivables turnover ratio has generally increased from Q1 2022 to Q3 2023, indicating an improvement in the efficiency of collecting receivables.
- However, the ratio slightly decreased in Q4 2023 compared to the previous quarter, which might indicate a slower collection of receivables at the end of the year.

In summary, Warner Bros. Discovery Inc's receivables turnover ratio has shown some variability over the past eight quarters, but the overall trend has been positive, indicating improvements in collecting accounts receivable efficiently.