Hilton Worldwide Holdings Inc (HLT)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,235,000 | 8,773,000 | 5,788,000 | 4,307,000 | 9,452,000 |
| Total current assets | US$ in thousands | 2,614,000 | 2,870,000 | 2,871,000 | 4,202,000 | 2,093,000 |
| Total current liabilities | US$ in thousands | 3,722,000 | 3,372,000 | 3,019,000 | 2,431,000 | 2,871,000 |
| Working capital turnover | — | — | — | 2.43 | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $10,235,000K ÷ ($2,614,000K – $3,722,000K)
= —
The working capital turnover ratio for Hilton Worldwide Holdings Inc was not available for the years ending December 31, 2023, 2022, and 2021. However, for the year ending December 31, 2020, the company had a working capital turnover ratio of 2.43. This indicates that, during 2020, Hilton generated $2.43 in revenue for every dollar of working capital invested. The lack of data for other years prevents a trend analysis, but a higher working capital turnover ratio generally suggests that the company is efficiently using its working capital to generate sales revenue. Further information would be needed to provide a more detailed analysis of Hilton's working capital management across multiple years.
Peer comparison
Dec 31, 2023