Choice Hotels International Inc (CHH)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,584,840 | 1,544,160 | 1,401,950 | 1,069,300 | 774,072 |
| Total current assets | US$ in thousands | 339,086 | 296,530 | 347,922 | 761,661 | 432,914 |
| Total current liabilities | US$ in thousands | 462,721 | 942,690 | 435,898 | 570,295 | 255,847 |
| Working capital turnover | — | — | — | 5.59 | 4.37 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,584,840K ÷ ($339,086K – $462,721K)
= —
Choice Hotels International Inc's working capital turnover has shown a positive trend over the years, increasing from 4.37 in December 31, 2020, to 5.59 in December 31, 2021. This indicates that the company is able to efficiently utilize its working capital to generate sales revenue. However, the absence of data for the years 2022, 2023, and 2024 makes it challenging to assess the consistency of this trend. To further evaluate the effectiveness of Choice Hotels International Inc's working capital management, additional data for the missing years would be necessary.
Peer comparison
Dec 31, 2024