Churchill Downs CHDN Trade receivables — Accounts receivable

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FAQ

What is Churchill Downs's trade receivables — accounts receivable?

Churchill Downs (CHDN) reported trade receivables — accounts receivable of $58M in Q2 2026.

How has Churchill Downs's trade receivables — accounts receivable changed year-over-year?

Churchill Downs's trade receivables — accounts receivable increased by 18.1% year-over-year, from $49.1M to $58M.

What does trade receivables — accounts receivable mean?

This metric represents the total amount of outstanding payments owed to the company by customers for services rendered or products delivered on credit within a specific business segment. It serves as a key indicator of the company's ability to collect revenue from its wagering, racing, and gaming operations in a timely manner. Monitoring this balance helps assess the credit risk associated with the company's customer base and the efficiency of its accounts receivable management processes.