Wyndham Hotels & Resorts Inc (WH)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 334,000 | 324,000 | 299,000 | 511,000 | 429,000 |
| Inventory | US$ in thousands | — | — | 56,000 | -67,000 | 48,000 |
| Inventory turnover | — | — | 5.34 | — | 8.94 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $334,000K ÷ $—K
= —
To calculate the inventory turnover for Wyndham Hotels & Resorts Inc, we need the cost of goods sold and the average inventory for each corresponding year. Without this information, it is not possible to determine the inventory turnover ratio for the company. The inventory turnover ratio is a crucial metric that reflects how efficiently a company manages its inventory levels by measuring the number of times inventory is sold and replaced during a specific period. A high inventory turnover ratio indicates efficient inventory management, while a low ratio may suggest overstocking or slow sales. For a more thorough analysis of Wyndham Hotels & Resorts Inc's inventory turnover, additional financial data pertaining to cost of goods sold and inventory levels is needed.
Peer comparison
Dec 31, 2023