What is Warner Bros. Discovery 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. Warner Bros. Discovery's Revenue for the
three
months ended in Dec. 2023 was $10,284 Mil. Warner Bros. Discovery's average Accounts Receivable for the
three
months ended in Dec. 2023 was $6,180 Mil.
Hence, Warner Bros. Discovery's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.66.
Warner Bros. Discovery Receivables Turnover Historical Data
The historical data trend for Warner Bros. Discovery'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.
Competitive Comparison of Warner Bros. Discovery's Receivables Turnover
For the Entertainment subindustry, Warner Bros. Discovery'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.
Warner Bros. Discovery's Receivables Turnover Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Warner Bros. Discovery's Receivables Turnover falls into.
Warner Bros. Discovery Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Warner Bros. Discovery's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Warner Bros. Discovery (NAS:WBD) 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.
Warner Bros. Discovery Receivables Turnover Related Terms
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Warner Bros. Discovery (Warner Bros. Discovery) Business Description
Warner Bros. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. The new company owns some of the biggest global networks including HBO, Discovery, CNN, and TLC and well-known franchises like Superman, Rick and Morty, and Game of Thrones. The firm's content production studios include Warner Bros., HBO, Discovery Studios, DC Films, and Cartoon Network Studios. The company operates two major streaming services, Max and Discovery+.
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