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| Date | Value |
|---|---|
| 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 |