Choice Hotels International (Choice Hotels International) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Choice Hotels International Change In Inventory?

Choice Hotels International's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Choice Hotels International's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Choice Hotels International's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Choice Hotels International's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Choice Hotels International's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Choice Hotels International's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Choice Hotels International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Choice Hotels International Change In Inventory Historical Data

The historical data trend for Choice Hotels International's Change In Inventory 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.

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Choice Hotels International Change In Inventory Chart

Choice Hotels International Annual Data

Trend

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Change In Inventory

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Choice Hotels International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Choice Hotels International Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Choice Hotels International (NYSE:CHH) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Choice Hotels International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	216.864	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Choice Hotels International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	216.864	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Choice Hotels International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	358.396
	=	0.00

Choice Hotels International Change In Inventory Related Terms

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Choice Hotels International (Choice Hotels International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Choice Hotels International Inc (NYSE:CHH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CZH:Germany

Address

1 Choice Hotels Circle, Suite 400, Rockville, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2022, Choice Hotels operated 628,000 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which will add around 70,000 rooms. Franchises are 99% of total revenue, and the United States represents 79% of total rooms in 2022.

Executives

Dominic Dragisich	officer: Chief Financial Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Noha Abdalla	officer: Chief Marketing Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
William L Jews	director	C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Scott E Oaksmith	officer: Controller	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Cimerola	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Simone Wu	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Brian Bainum	director	8171 MAPLE LAWN BLVD, SUITE 375, FULTON MD 20759
John P Tague	director
David A Pepper	officer: SVP, Franchise Development	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
John Bonds	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Sanchez Raul Ramirez	officer: Chief Strat & Intl Op Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Elizabeth A Redmond	officer: Principal Accounting Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Donna F Vieira	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Patrick Pacious	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Liza Landsman	director	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850