Hyatt Hotels Corporation (H)

Working capital turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue US$ in thousands 6,541,000 5,995,000 3,290,000 1,924,000 5,694,000
Total current assets US$ in thousands 2,130,000 2,250,000 2,062,000 2,563,000 1,706,000
Total current liabilities US$ in thousands 3,578,000 3,287,000 2,232,000 984,000 1,086,000
Working capital turnover 1.22 9.18

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,541,000K ÷ ($2,130,000K – $3,578,000K)
= —

The working capital turnover ratio for Hyatt Hotels Corporation is not available for the years ending in December 2023, December 2022, and December 2021. However, in the year ending December 2020, the working capital turnover was 1.28, indicating that the company generated $1.28 in revenue for every dollar of working capital invested.

Compared to the previous year ending December 2019, where the working capital turnover was notably higher at 7.70, it suggests that in 2020 the efficiency of utilizing working capital to generate revenue decreased.

The decreasing trend in working capital turnover may imply inefficiencies in managing working capital or potential issues with inventory management, accounts receivable, or accounts payable. Further analysis is required to understand the factors contributing to this decline and to assess the overall effectiveness of Hyatt Hotels Corporation in utilizing its working capital resources.


Peer comparison

Dec 31, 2023