Churchill Downs (CHDN) Change in Receivables (2010 - 2015)

Churchill Downs (CHDN) recorded quarterly Change in Receivables of -$3.9 million in Q3 2015, down 134.65% quarter-over-quarter from $11.2 million in Q2 2015, and up 68.67% on a YoY basis from -$2.3 million in Q3 2014.

Churchill Downs (CHDN) Change in Receivables (2010 - 2015) Analysis & Trends

Churchill Downs' Change in Receivables history runs 6 years deep, the most recent figure standing at -$3.9 million for Q3 2015.

  • In Q3 2015, Change in Receivables rose 68.67% year-over-year to -$3.9 million; the TTM figure through Sep 2015 stood at $9.7 million (up 248.79% YoY), while the FY2014 annual figure was $1.6 million, up 227.07% from the prior year.
  • Change in Receivables was -$3.9 million for Q3 2015 at Churchill Downs, down from $11.2 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $28.7 million in Q2 2012 to a low of -$12.4 million in Q3 2014.
  • Historically, Change in Receivables has averaged $919578.9 across 5 years, with a median of -$3.9 million in 2015.
  • The sharpest annual moves came in 2012 and 2015: Change in Receivables sank 418.28% in 2012, then soared 1366.67% in 2015.
  • A 5-year view of Change in Receivables shows it stood at $2.2 million in 2011, then tumbled by 418.28% to -$7.1 million in 2012, then slipped by 12.43% to -$8.0 million in 2013, then surged by 102.05% to $164000.0 in 2014, then tumbled by 2463.41% to -$3.9 million in 2015.
  • The last three Change in Receivables figures came in at -$3.9 million (Q3 2015), $11.2 million (Q2 2015), and $2.2 million (Q1 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn -32.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn -19.46 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn -
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 10.71 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn -
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn -605,000.00
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn 24.59 Mn
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn -700,000.00
10 High Roller Technologies 50.40 Mn 47.74 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2015 -3.88 Mn
Sep 30, 2015 -3.88 Mn
Jun 30, 2015 11.19 Mn
Jun 30, 2015 11.19 Mn
Mar 31, 2015 2.24 Mn
Mar 31, 2015 2.24 Mn
Dec 31, 2014 164,000.00
Dec 31, 2014 164,000.00
Sep 30, 2014 -12.37 Mn
Sep 30, 2014 -12.37 Mn
Jun 30, 2014 13.68 Mn
Jun 30, 2014 13.68 Mn
Mar 31, 2014 153,000.00
Mar 31, 2014 153,000.00
Dec 31, 2013 -7.99 Mn
Dec 31, 2013 -7.99 Mn
Sep 30, 2013 -8.68 Mn
Sep 30, 2013 -8.68 Mn
Jun 30, 2013 21.58 Mn
Jun 30, 2013 21.58 Mn