Wyndham Hotels & Resorts Inc (WH)

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		5.80	5.14	5.46	6.25	6.40	6.26	6.43	7.17	6.36	5.04	4.46	4.35	4.41	4.60	5.47	6.74	6.76	5.86	5.74	6.48
DSO	days	62.92	71.07	66.88	58.42	57.05	58.30	56.79	50.94	57.37	72.45	81.91	83.90	82.70	79.32	66.71	54.16	54.02	62.24	63.56	56.31

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.80
= 62.92

To analyze Wyndham Hotels & Resorts Inc's Days of Sales Outstanding (DSO) based on the provided data, we observe a trend in the company's collection efficiency over multiple quarters. DSO measures the average number of days it takes for a company to collect payments after making a sale.

From Q1 2022 to Q1 2023, the DSO has shown some fluctuations. In Q1 2022, the DSO was 51.18 days, indicating a relatively efficient collection process. However, in subsequent quarters, the DSO increased to 57.70 days in Q2 2022, improved slightly in Q3 2022 to 59.31 days, and decreased to 57.02 days in Q4 2022.

Moving into 2023, the DSO continued to fluctuate. In Q1 2023, the DSO improved to 58.30 days, signaling a more efficient collection process than the preceding quarter. Subsequently, in Q2 2023, the DSO increased to 66.50 days, then decreased to 70.36 days in Q3 2023, but showed a slight increase to 62.97 days in Q4 2023.

Overall, the trend in Wyndham Hotels & Resorts Inc's DSO indicates some variability in its collection efficiency over the analyzed period. It would be advisable for the company to closely monitor its DSO and implement strategies to accelerate collections, especially during quarters with longer DSO figures, to improve cash flow and overall financial performance.