Hilton Worldwide Holdings Inc (HLT)

Days of sales outstanding (DSO)

		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
Receivables turnover		6.88	7.17	6.93	7.18	6.61	6.40	5.87	6.30	5.42	4.82	4.23	4.07	5.59	6.47	8.76	8.26	7.50	7.84	7.74	8.27
DSO	days	53.03	50.91	52.66	50.82	55.21	57.06	62.20	57.92	67.35	75.80	86.29	89.65	65.34	56.46	41.66	44.17	48.69	46.55	47.18	44.12

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.88
= 53.03

To analyze Hilton Worldwide Holdings Inc's days of sales outstanding (DSO) over the past eight quarters, we observe a fluctuating trend. The DSO has ranged from 50.60 days to 62.35 days during this period. Overall, there seems to be variability in the collection of accounts receivable, with some quarters showing a relatively lower DSO indicating a quicker collection of sales, while others have a higher DSO suggesting a slower collection process.

It is important to closely monitor the DSO trend as it can impact the company's cash flow and liquidity position. A decreasing DSO over time may indicate improved efficiency in collecting receivables, resulting in better cash flows. Conversely, an increasing trend in DSO could signal potential issues with credit policies or difficulties in collecting payments from customers.

Further analysis and comparison with industry benchmarks or historical data would provide contextual insights into Hilton Worldwide Holdings Inc's performance in managing accounts receivable and optimizing cash flow.