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.


See also:

Hilton Worldwide Holdings Inc Receivables Turnover