Hyatt Hotels Corporation (H)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,870,000 | 7,896,000 | 7,352,000 | 6,973,000 | 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 |
| Total current assets | US$ in thousands | 2,733,000 | 2,316,000 | 3,084,000 | 2,007,000 | 2,130,000 | 1,751,000 | 1,990,000 | 2,150,000 | 2,250,000 | 2,634,000 | 2,892,000 | 2,597,000 | 2,062,000 | 3,239,000 | 2,474,000 | 2,332,000 | 2,563,000 | 2,638,000 | 1,938,000 | 1,753,000 |
| Total current liabilities | US$ in thousands | 3,274,000 | 2,936,000 | 3,744,000 | 3,382,000 | 3,578,000 | 2,408,000 | 2,621,000 | 3,347,000 | 3,287,000 | 2,957,000 | 2,411,000 | 2,520,000 | 2,232,000 | 876,000 | 1,017,000 | 950,000 | 984,000 | 970,000 | 701,000 | 1,183,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | 10.59 | 53.66 | — | 1.10 | 1.27 | 0.97 | 1.22 | 1.70 | 3.27 | 8.96 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $7,870,000K ÷ ($2,733,000K – $3,274,000K)
= —
Working capital turnover measures how efficiently a company is utilizing its working capital to generate revenue.
From the data provided, we can observe fluctuations in Hyatt Hotels Corporation's working capital turnover over time. The working capital turnover ratio was highest at 8.96 on March 31, 2020, indicating that the company was effectively generating revenue from its working capital at that time.
However, the ratio decreased significantly to 0.97 on March 31, 2021, indicating a decline in the efficiency of utilizing working capital to generate revenue. Subsequently, there was an increase in the ratio to 53.66 on March 31, 2022, which could be attributed to various operational or strategic changes within the company.
It is important to note the absence of data for certain quarters, which could indicate limited information or changes in reporting practices.
In conclusion, analyzing the working capital turnover trend can provide insights into Hyatt Hotels Corporation's operational efficiency and financial performance in utilizing its working capital effectively over time.
Peer comparison
Dec 31, 2024