Hyatt Hotels Corporation (H)
Total asset 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 |
| Total assets | US$ in thousands | 12,833,000 | 12,317,000 | 12,589,000 | 12,618,000 | 12,312,000 | 12,402,000 | 12,650,000 | 12,689,000 | 12,603,000 | 9,477,000 | 8,962,000 | 8,769,000 | 9,129,000 | 9,225,000 | 8,580,000 | 8,298,000 | 8,417,000 | 8,129,000 | 8,082,000 | 8,035,000 |
| Total asset turnover | 0.51 | 0.53 | 0.51 | 0.51 | 0.49 | 0.44 | 0.40 | 0.33 | 0.26 | 0.27 | 0.21 | 0.15 | 0.21 | 0.31 | 0.47 | 0.62 | 0.64 | 0.64 | 0.61 | 0.59 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,541,000K ÷ $12,833,000K
= 0.51
The total asset turnover ratio of Hyatt Hotels Corporation has been increasing steadily over the past eight quarters, indicating an improvement in the company's efficiency in generating revenue from its assets. The ratio has shown a positive trend, with values ranging from 0.30 in Q1 2022 to 0.54 in Q3 2023. This suggests that the company is managing its assets more effectively to generate sales, reflecting positively on its operational performance. Overall, the increasing trend in total asset turnover ratios indicates that Hyatt Hotels Corporation has been successful in utilizing its assets to drive revenue growth over the analyzed period.
Peer comparison
Dec 31, 2023