Choice Hotels International Inc (CHH)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,584,839 | 1,553,465 | 1,551,058 | 1,543,322 | 1,544,165 | 1,547,751 | 1,536,460 | 1,477,014 | 1,401,949 | 1,324,605 | 1,233,708 | 1,144,078 | 1,069,298 | 978,053 | 865,455 | 738,844 | 774,072 | 848,763 | 948,724 | 1,114,675 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,584,839K ÷ $—K
= —
The receivables turnover ratio for Choice Hotels International Inc has not been provided in the financial statement data for the periods from March 31, 2020, to December 31, 2024. The lack of data on receivables turnover limits the ability to evaluate the efficiency of the company in collecting its accounts receivables during these periods.
Receivables turnover is a key financial ratio that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio typically suggests that a company efficiently collects payments from its customers. Conversely, a lower ratio could indicate potential issues with collecting outstanding receivables or overly lenient credit policies.
Without the specific values for the receivables turnover ratio, it is challenging to assess Choice Hotels International Inc's performance in managing its accounts receivables and collecting payments from customers effectively. It is essential for the company to provide this information in the future to enable a more thorough analysis of its financial performance and operational efficiency.
Peer comparison
Dec 31, 2024