Las Vegas Sands (LVS) Change in Receivables (2009 - 2026)

Las Vegas Sands (LVS) recorded quarterly Change in Receivables of -$32.0 million in Q1 2026, down 113.5% quarter-over-quarter from $237.0 million in Q4 2025, and down 260.0% on a YoY basis from $20.0 million in Q1 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.

  • In Q1 2026, Change in Receivables fell 260.0% year-over-year to -$32.0 million; the TTM figure through Mar 2026 stood at $340.0 million (up 1260.0% YoY), while the FY2025 annual figure was $392.0 million, up 1011.63% from the prior year.
  • Change in Receivables was -$32.0 million for Q1 2026 at Las Vegas Sands, down from $237.0 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $237.0 million in Q4 2025 to a low of -$50.0 million in Q1 2022.
  • Historically, Change in Receivables has averaged $36.0 million across 5 years, with a median of $26.0 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Change in Receivables jumped 811.54% in 2025, then sank 260.0% in 2026.
  • A 5-year view of Change in Receivables shows it stood at $50.0 million in 2022, then jumped by 76.0% to $88.0 million in 2023, then slumped by 70.45% to $26.0 million in 2024, then surged by 811.54% to $237.0 million in 2025, then slumped by 113.5% to -$32.0 million in 2026.
  • The last three Change in Receivables figures came in at -$32.0 million (Q1 2026), $237.0 million (Q4 2025), and $36.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn -7.79 Mn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn -5.58 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -29.00 Mn
5 Vail Resorts 4.85 Bn 4.81 Bn - 59.43 Mn
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 3.00 Mn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn -5.60 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn -15.00 Mn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn -12.70 Mn
10 Las Vegas Sands - - 3.56 Bn -32.00 Mn

Historic Data

Download Data
DateValue
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