Booking Holdings (BSP:BKNG34) Receivables Turnover : 1.42 (As of Dec. 2023)

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What is Booking Holdings Receivables Turnover?

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. Booking Holdings's Revenue for the three months ended in Dec. 2023 was R$23,441 Mil. Booking Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was R$16,481 Mil. Hence, Booking Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.42.

Booking Holdings Receivables Turnover Historical Data

The historical data trend for Booking Holdings'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.

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Booking Holdings Receivables Turnover Chart

Booking Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.65

7.27

11.92

9.26

7.58

Booking Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.79	1.76	2.18	2.37	1.42

Competitive Comparison of Booking Holdings's Receivables Turnover

For the Travel Services subindustry, Booking Holdings'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.

Booking Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Booking Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Booking Holdings's Receivables Turnover falls into.

Booking Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Booking Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	104684.227	/ (	(11691.997	+	15939.049)	/	2 )
=	104684.227	/	13815.523
=	7.58

Booking Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	23440.643	/ (	(17023.699	+	15939.049)	/	2 )
=	23440.643	/	16481.374
=	1.42

Booking Holdings (BSP:BKNG34) Receivables Turnover Explanation

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.

Booking Holdings Receivables Turnover Related Terms

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Booking Holdings (BSP:BKNG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Booking Holdings Inc (BSP:BKNG34) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BKNG:USA BKNG:Mexico 1BKNG:Italy 0W2Y:UK PCE1:Germany PCE1:Germany

Address

800 Connecticut Avenue, Norwalk, CT, USA, 06854

Website

https://www.bookingholdings.com

Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.

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