Las Vegas Sands (LVS) Change in Receivables (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Change in Receivables came in at -$32.0 million in Q1 2026, down 260.0% year-on-year from $20.0 million in Q1 2025, and down 113.5% quarter-over-quarter from $237.0 million in Q4 2025.
Las Vegas Sands (LVS) Change in Receivables (2009 - 2026) Analysis & Trends
Las Vegas Sands' Change in Receivables history runs 18 years deep, the most recent figure standing at -$32.0 million for Q1 2026.
- On a quarterly basis, Change in Receivables fell 260.0% year-over-year to -$32.0 million in Q1 2026; TTM through Mar 2026 was $340.0 million, a 1260.0% increase from a year earlier, with the FY2025 full-year figure at $392.0 million, up 1011.63% from the prior year.
- Change in Receivables fell to -$32.0 million in Q1 2026 per LVS's latest filing, from $237.0 million in the prior quarter.
- Across five years, Change in Receivables topped out at $237.0 million in Q4 2025 and bottomed at -$50.0 million in Q1 2022.
- The 5-year median for Change in Receivables is $26.0 million (2024), against an average of $36.0 million.
- Across the five-year window, Change in Receivables soared 811.54% in 2025 and sank 260.0% in 2026, its largest moves.
- Year by year, Change in Receivables stood at $50.0 million in 2022, then jumped by 76.0% to $88.0 million in 2023, then plunged by 70.45% to $26.0 million in 2024, then surged by 811.54% to $237.0 million in 2025, then plunged by 113.5% to -$32.0 million in 2026.
- Per Business Quant, the three latest LVS Change in Receivables figures stand at -$32.0 million (Q1 2026), $237.0 million (Q4 2025), and $36.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | -32.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 23.07 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | -7.79 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | -5.58 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -29.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 195.28 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 3.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | -5.60 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.00 Mn |
| Mar 31, 2026 | -32.00 Mn |
| Dec 31, 2025 | 237.00 Mn |
| Dec 31, 2025 | 237.00 Mn |
| Sep 30, 2025 | 36.00 Mn |
| Sep 30, 2025 | 36.00 Mn |
| Jun 30, 2025 | 99.00 Mn |
| Jun 30, 2025 | 99.00 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 26.00 Mn |
| Dec 31, 2024 | 26.00 Mn |
| Sep 30, 2024 | -43.00 Mn |
| Sep 30, 2024 | -43.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | -48.00 Mn |
| Mar 31, 2024 | -48.00 Mn |
| Dec 31, 2023 | 88.00 Mn |
| Dec 31, 2023 | 88.00 Mn |