Dallasnews(Daln) Financials: Receivables Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - receivables turnover
This chart shows the historical trend of receivables turnover for DALN compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Receivables Turnover
Definition: Receivables turnover tells you how quickly the company collects payments from customers after making sales on credit. A high turnover means customers pay on time and cash flows smoothly. Slow turnover suggests delayed collections, which can create cash shortages and financing stress.
Interpretation:
• In '2021', DALN's receivables turnover was 4.02, showing efficiency in collecting outstanding receivables. Industry average for Newspapers/Magazines in '2021' stood at 6.74.
• In '2022', DALN's receivables turnover was 5.75, showing efficiency in collecting outstanding receivables. The increase since '2021' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2022' stood at 5.90. Industry average declined by 0.84 from previous year.
• In '2023', DALN's receivables turnover was 11.67, showing efficiency in collecting outstanding receivables. The increase since '2022' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2023' stood at 7.07. Industry average increased by 1.17 compared to previous year.
• In '2024', DALN's receivables turnover was 12.18, showing efficiency in collecting outstanding receivables. The increase since '2023' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2024' stood at 7.56. Industry average increased by 0.49 compared to previous year.
Overall, DALN's receivables turnover has been volatile but showed an upward trend over the past 4 years.
Formula: Receivables Turnover = Net Credit Sales / Average Accounts Receivable
Good Range: Ranges 5 to 15 depending on credit terms.