CHH (Choice Hotels International) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Choice Hotels International Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Choice Hotels International's Cost of Goods Sold for the three months ended in Dec. 2024 was $203 Mil. Choice Hotels International's Average Total Inventories for the quarter that ended in Dec. 2024 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 three months ended in Dec. 2024 was 0.00.

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. 2024 was 0.00.

Choice Hotels International Inventory Turnover Historical Data

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

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Choice Hotels International Inventory Turnover Chart

Choice Hotels International Annual Data

Trend

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Dec24

Inventory Turnover

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Choice Hotels International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Choice Hotels International Inventory Turnover Calculation

Choice Hotels International's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	840.673	/ (	(0	+	0)	/	1 )
=	840.673	/	0
=	N/A

Choice Hotels International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	203.201	/ (	(0	+	0)	/	1 )
=	203.201	/	0
=	N/A

Choice Hotels International (NYSE:CHH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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 three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	203.201	*	365 / 4
	=	0.00

2. 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. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	389.77
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Choice Hotels International Inventory Turnover Related Terms

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Choice Hotels International Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

915 Meeting Street, Suite 600, North Bethesda, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2024, Choice Hotels operated 654,000 rooms across the economy, midscale, upscale, and extended-stay segments. Comfort Inn and Comfort Suites are the largest brands (26% of the company's total domestic rooms), while Ascend and Cambria (10% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added about 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 78% of total rooms in 2024.

Executives

Scott E Oaksmith	officer: Controller	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Dominic Dragisich	officer: Chief Financial Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Cimerola	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Pacious	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Robert J Mcdowell	officer: Chief Commercial Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Simone Wu	officer: Senior Vice President	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
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