Wyndham Hotels & Resorts Inc (WH)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,408,000 | 1,397,000 | 1,498,000 | 1,565,000 | 1,300,000 |
| Receivables | US$ in thousands | 271,000 | 241,000 | 234,000 | 246,000 | 295,000 |
| Receivables turnover | 5.20 | 5.80 | 6.40 | 6.36 | 4.41 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,408,000K ÷ $271,000K
= 5.20
The receivables turnover ratio for Wyndham Hotels & Resorts Inc has shown a positive trend over the past five years. Starting at 4.41 in December 31, 2020, the ratio has steadily increased to 6.36 as of December 31, 2021, and further improved to 6.40 by December 31, 2022. However, there was a slight decline in receivables turnover to 5.80 by December 31, 2023, followed by a decrease to 5.20 by December 31, 2024.
A higher receivables turnover ratio indicates that the company is able to collect its accounts receivables more efficiently. This trend suggests that, in general, Wyndham Hotels & Resorts Inc has been improving its management of accounts receivable and collecting outstanding payments at a faster rate. However, the slight decline in the ratio in 2023 and 2024 may indicate a potential slowdown in collections or changes in the company's credit policies that could be worth further investigation.
Peer comparison
Dec 31, 2024