Wyndham Hotels & Resorts Inc (WH)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,398,000 | 1,397,000 | 1,408,000 | 1,437,000 | 1,497,000 | 1,584,000 | 1,639,000 | 1,641,000 | 1,565,000 | 1,461,000 | 1,328,000 | 1,192,000 | 1,302,000 | 1,491,000 | 1,718,000 | 1,995,000 | 2,054,000 | 1,988,000 | 2,033,000 | 1,951,000 |
| Receivables | US$ in thousands | 241,000 | 272,000 | 258,000 | 230,000 | 234,000 | 253,000 | 255,000 | 229,000 | 246,000 | 290,000 | 298,000 | 274,000 | 295,000 | 324,000 | 314,000 | 296,000 | 304,000 | 339,000 | 354,000 | 301,000 |
| 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 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,398,000K ÷ $241,000K
= 5.80
Wyndham Hotels & Resorts Inc's receivables turnover has shown some fluctuations over the past eight quarters. In Q4 2023, the company achieved a receivables turnover ratio of 5.80, indicating that on average, the company collected its accounts receivable approximately 5.80 times during the quarter. This represented a slight increase compared to the previous quarter (Q3 2023) where the ratio was 5.19.
Although the ratio increased in Q4 2023, it remained lower than the ratios reported in Q1 and Q2 2023, which were 6.26 and 5.49, respectively. The highest receivables turnover ratio within the given period was observed in Q1 2022 at 7.13, indicating that the company was collecting its accounts receivable more frequently during that quarter.
Overall, while there have been fluctuations in Wyndham Hotels & Resorts Inc's receivables turnover ratio, it is important to assess the trend over a longer period to better understand the company's efficiency in collecting outstanding receivables.
Peer comparison
Dec 31, 2023