Hilton Worldwide Holdings Inc (HLT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,174,000 | 10,235,000 | 8,773,000 | 5,788,000 | 4,307,000 |
| Receivables | US$ in thousands | 1,583,000 | 1,487,000 | 1,327,000 | 1,068,000 | 771,000 |
| Receivables turnover | 7.06 | 6.88 | 6.61 | 5.42 | 5.59 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $11,174,000K ÷ $1,583,000K
= 7.06
Hilton Worldwide Holdings Inc's receivables turnover has shown a positive trend over the analyzed period. The ratio increased from 5.59 in 2020 to 7.06 in 2024, indicating that the company collected its accounts receivable more efficiently each year. A higher receivables turnover ratio suggests that Hilton is converting its credit sales into cash at a faster rate. This improvement could signify effective credit management practices, timely collection efforts, and potentially lower credit risk exposure. Overall, the upward trend in receivables turnover reflects positively on Hilton's working capital management and liquidity position.
Peer comparison
Dec 31, 2024