Wyndham Hotels & Resorts Inc (WH)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 10.44 | 8.31 | 9.65 | 18.25 | 14.30 | |
| Number of days of payables | days | 34.97 | 43.94 | 37.84 | 20.00 | 25.52 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.44
= 34.97
Wyndham Hotels & Resorts Inc's number of days of payables has fluctuated over the past five years. In 2023, the number of days of payables was 20.53 days, which decreased compared to the previous year's 27.17 days. This indicates that the company took fewer days to pay its suppliers in 2023.
In 2021 and 2022, the number of days of payables stood at 25.14 days and 24.39 days, respectively, showing a slight improvement in managing payables compared to the previous years. However, in 2019, the number of days of payables was 19.45 days, which was the lowest in the past five years.
Overall, the trend in Wyndham Hotels & Resorts Inc's number of days of payables suggests some variability, but the company has generally been able to effectively manage its payment terms with suppliers in recent years.
Peer comparison
Dec 31, 2023