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. Hyatt Hotels's Revenue for the
three
months ended in Dec. 2023 was $1,660 Mil. Hyatt Hotels's average Accounts Receivable for the
three
months ended in Dec. 2023 was $823 Mil.
Hence, Hyatt Hotels's Receivables Turnover for the
three
months ended in Dec. 2023 was 2.02.
Hyatt Hotels Receivables Turnover Historical Data
The historical data trend for Hyatt Hotels'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.
Competitive Comparison of Hyatt Hotels's Receivables Turnover
For the Lodging subindustry, Hyatt Hotels'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.
Hyatt Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hyatt Hotels's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hyatt Hotels's Receivables Turnover falls into.
Hyatt Hotels Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Hyatt Hotels's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Hyatt Hotels Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Hyatt Hotels's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Hyatt is an operator of owned (4% of total rooms) and managed and franchise (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 55% Americas, 19% Asia-Pacific, and 26% rest of world.
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