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
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