Hyatt Hotels Corporation (H)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,541,000 | 6,486,000 | 6,389,000 | 6,403,000 | 5,995,000 | 5,478,000 | 5,094,000 | 4,132,000 | 3,290,000 | 2,602,000 | 1,848,000 | 1,337,000 | 1,924,000 | 2,838,000 | 4,048,000 | 5,110,000 | 5,349,000 | 5,212,000 | 4,926,000 | 4,766,000 |
| Receivables | US$ in thousands | 883,000 | 762,000 | 787,000 | 828,000 | 834,000 | 702,000 | 699,000 | 655,000 | 633,000 | 373,000 | 360,000 | 340,000 | 316,000 | 322,000 | 313,000 | 365,000 | 421,000 | 434,000 | 497,000 | 472,000 |
| Receivables turnover | 7.41 | 8.51 | 8.12 | 7.73 | 7.19 | 7.80 | 7.29 | 6.31 | 5.20 | 6.98 | 5.13 | 3.93 | 6.09 | 8.81 | 12.93 | 14.00 | 12.71 | 12.01 | 9.91 | 10.10 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,541,000K ÷ $883,000K
= 7.41
The receivables turnover ratio for Hyatt Hotels Corporation has been fluctuating over the past eight quarters. The trend shows that the company collected its accounts receivable approximately 7 to 8 times within a year during these quarters.
In Q3 2023, the ratio increased to 8.65 from the previous quarter, indicating that the company collected its receivables more efficiently compared to Q4 2023. It was the highest receivables turnover ratio among the listed quarters.
Q2 2023 also showed a relatively strong receivables turnover ratio of 8.28, while Q1 2023 and Q4 2022 had ratios of 7.60 and 7.06 respectively.
The lowest receivables turnover ratio of 5.91 was recorded in Q1 2022, indicating that the company took longer to collect its accounts receivable during that period.
Overall, the receivables turnover ratio for Hyatt Hotels Corporation has shown some variation, but has generally been within a relatively stable range over the past eight quarters.
Peer comparison
Dec 31, 2023