Hyatt Hotels Corporation (H)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,024,000 | 841,000 | 767,000 | 440,000 | 498,000 |
| Inventory | US$ in thousands | 8,000 | 9,000 | 9,000 | 10,000 | 9,000 |
| Inventory turnover | 128.00 | 93.44 | 85.22 | 44.00 | 55.33 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,024,000K ÷ $8,000K
= 128.00
Hyatt Hotels Corporation's inventory turnover has shown a fluctuating trend over the past five years. As of December 31, 2020, the inventory turnover ratio stood at 55.33, indicating that the company was able to turn over its inventory approximately 55.33 times during that year.
However, the ratio decreased to 44.00 as of December 31, 2021, suggesting that the company took longer to sell through its inventory that year. Subsequently, there was a notable improvement in inventory turnover, with the ratio increasing to 85.22 by December 31, 2022, and further rising to 93.44 by the end of 2023.
The most recent data point as of December 31, 2024, shows a significant increase in inventory turnover to 128.00, indicating that Hyatt Hotels Corporation efficiently managed its inventory during that period, turning it over 128 times throughout the year.
Overall, the increasing trend in inventory turnover from 2021 to 2024 reflects improvements in Hyatt Hotels Corporation's efficiency in managing its inventory levels and optimizing sales, which can positively impact the company's financial performance and profitability.
Peer comparison
Dec 31, 2024