Hyatt Hotels Corporation (H)
Working capital 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 current assets | US$ in thousands | 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 | 1,706,000 | 1,476,000 | 1,304,000 | 1,302,000 |
| Total current liabilities | US$ in thousands | 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 | 1,086,000 | 1,044,000 | 1,114,000 | 1,105,000 |
| Working capital turnover | — | — | — | — | — | — | 10.59 | 53.66 | — | 1.10 | 1.27 | 0.97 | 1.22 | 1.70 | 3.27 | 8.96 | 8.63 | 12.06 | 25.93 | 24.19 |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,541,000K ÷ ($2,130,000K – $3,578,000K)
= —
The working capital turnover ratio for Hyatt Hotels Corporation has fluctuated over the past two years. In Q2 2022, the ratio was 8.62, indicating that the company's working capital was turned over 8.62 times during that period. However, in Q1 2022, the ratio significantly increased to 50.25, suggesting a substantial improvement in the efficiency of utilizing working capital. The lack of data for the remaining quarters of 2023 makes it challenging to provide a complete trend analysis. It is important for the company to monitor this ratio consistently to ensure optimal utilization of its working capital resources.
Peer comparison
Dec 31, 2023