Hyatt Hotels Corporation (H)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,908,000 | 6,541,000 | 5,995,000 | 3,290,000 | 1,924,000 |
| Receivables | US$ in thousands | 1,121,000 | 883,000 | 834,000 | 633,000 | 316,000 |
| Receivables turnover | 7.05 | 7.41 | 7.19 | 5.20 | 6.09 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,908,000K ÷ $1,121,000K
= 7.05
Based on the provided data, Hyatt Hotels Corporation's receivables turnover ratio has fluctuated over the last five years. The ratio indicates how efficiently the company is able to collect payments owed by customers.
In December 2020, the receivables turnover ratio was 6.09, showing that on average, Hyatt was able to collect receivables approximately 6 times during that year.
However, in December 2021, the ratio decreased to 5.20, suggesting a decrease in the efficiency of receivables collection.
The trend reversed in December 2022 when the receivables turnover ratio increased to 7.19, indicating improved efficiency in collecting outstanding payments.
This positive trend continued in December 2023 with a ratio of 7.41, and in December 2024 with a ratio of 7.05, both showing further improvement in the company's ability to collect receivables promptly.
Overall, Hyatt Hotels Corporation appears to have made significant progress in optimizing its receivables turnover over the last few years, indicating better management of accounts receivable and potentially improved cash flow.
Peer comparison
Dec 31, 2024