The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Churchill Downs's Revenue for the
three
months ended in Mar. 2026 was €573 Mil. Churchill Downs's average Accounts Receivable for the
three
months ended in Mar. 2026 was €29 Mil.
Hence, Churchill Downs's Receivables Turnover for the
three
months ended in Mar. 2026 was 19.77.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Churchill Downs Receivables Turnover Related Terms
Churchill Downs Receivables Turnover Historical Data
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The historical data trend for Churchill Downs's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CHR vs LNWO, SGHC, RSI: Receivables Turnover Comparison
For the Gambling subindustry, Churchill Downs's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Churchill Downs Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Churchill Downs's Receivables Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Churchill Downs (FRA:CHR) has a Receivables Turnover of 19.77 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Churchill Downs and its competitors. According to the industry distribution chart, Churchill Downs ranks #70 out of 829 companies in the Travel & Leisure industry, placing it in the top 8.4%.
Is Churchill Downs' Receivables Turnover too high?
Churchill Downs' current Receivables Turnover is 19.77. The Travel & Leisure industry median Receivables Turnover is 13.99. Churchill Downs' value of 19.77 is 41.3% above this industry median. Based on the distribution chart, Churchill Downs ranks #70 out of 829 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Churchill Downs has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Receivables Turnover compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #70 out of 829 companies for Receivables Turnover. This places Churchill Downs in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 13.99. Churchill Downs' value of 19.77 is 41.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.99, based on 829 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current Receivables Turnover of 19.77 is 41.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Receivables Turnover is 19.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current Receivables Turnover of 19.77. The stock's GF Value™ is €134.74, compared to a current price of €73.50 — trading 45.5% below its estimated fair value. The current Receivables Turnover is 19.77 and 41.3% above the Travel & Leisure industry median of 13.99. Churchill Downs' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current Receivables Turnover is 19.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €73.50 is trading 45.5% below its estimated GF Value™ of €134.74.
Key valuation signals for FRA:CHR:
Receivables Turnover: 19.77
GF Value™: €134.74 vs. price of €73.50 (45.5% below fair value)
Industry Position: 41.3% above the Travel & Leisure median (#70 of 829)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
82GF Score
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