Liberty Formula One Group (Liberty Formula One Group) Receivables Turnover : 9.04 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Liberty Formula One Group Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Liberty Formula One Group's Revenue for the three months ended in Dec. 2023 was $1,230 Mil. Liberty Formula One Group's average Accounts Receivable for the three months ended in Dec. 2023 was $136 Mil. Hence, Liberty Formula One Group's Receivables Turnover for the three months ended in Dec. 2023 was 9.04.

Liberty Formula One Group Receivables Turnover Historical Data

The historical data trend for Liberty Formula One Group's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Liberty Formula One Group Receivables Turnover Chart

Liberty Formula One Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

22.59

12.05

22.84

27.23

26.20

Liberty Formula One Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															6.67	20.04	7.20	6.85	9.04

Competitive Comparison of Liberty Formula One Group's Receivables Turnover

For the Entertainment subindustry, Liberty Formula One Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty Formula One Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty Formula One Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Liberty Formula One Group's Receivables Turnover falls into.

Liberty Formula One Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Liberty Formula One Group's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	3222	/ (	(123	+	123)	/	2 )
=	3222	/	123
=	26.20

Liberty Formula One Group's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1230	/ (	(149	+	123)	/	2 )
=	1230	/	136
=	9.04

Liberty Formula One Group (NAS:FWONA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Liberty Formula One Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Liberty Formula One Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Liberty Formula One Group (Liberty Formula One Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Formula One Group (NAS:FWONA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FWONB:USA FWONK:USA LM0F:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

http://www.libertymedia.com

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.