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Churchill Downs CHDN Other receivables — Accounts receivable

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Other financials

Income statement

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Revenue$980.0M+4.9%
Operating income$357.0M+8.9%
Net income$241.0M+11.1%
EPS (diluted)$3.42+14.4%

Balance sheet

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Cash & equivalents$295.0M+3.3%
Total debt$2.3B+18.9%
Total equity$1.3B+28.7%
Total assets$7.5B+2.0%

Cash flow

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Operating cash flow$217.0M-9.8%
CapEx$19.0M+0.5%
Free cash flow$198.0M-10.6%

Valuation

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Market cap$6.06B-15.6%
Enterprise value$8.05B-8.7%
P/E14.7×-2.0×
P/S-0.5×

Profitability

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Operating margin24.1%-1.2pp
Net margin13.8%-1.4pp
FCF margin24%-1.0pp

Returns & leverage

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Return on equity34.7%-6.9pp
Debt / equity1.7×-0.1×
Current ratio0.4×-0.2×

Where this comes from

Reported directly by Churchill Downs in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableGrossCurrent.

The source filing: Churchill Downs’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000020212-26-000059
(in millions)June 30, 2026December 31, 2025
Trade receivables$58$34
Simulcast and online wagering receivables5334
Other receivables2430
13598
Allowance for credit losses(6)(5)
Total$129$93

Item 1. Financial Statements (Unaudited)

FAQ

What is Churchill Downs's other receivables — accounts receivable?
Churchill Downs (CHDN) reported other receivables — accounts receivable of $24M in Q2 2026.
How has Churchill Downs's other receivables — accounts receivable changed year-over-year?
Churchill Downs's other receivables — accounts receivable decreased by 4.0% year-over-year, from $25M to $24M.
What does other receivables — accounts receivable mean?
This metric represents the outstanding balance of receivables categorized outside of standard trade accounts, specifically within the company's racing and gaming operations. It captures funds owed to the business from non-core activities or specific contractual arrangements that are distinct from primary wagering revenue streams. Monitoring this balance helps investors assess the liquidity of non-operating assets and the potential credit risk associated with secondary revenue channels.

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