Wyndham Hotels & Resorts Inc (WH)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,381,000 | 1,434,000 | 1,413,000 | 1,384,000 | 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 |
| Receivables | US$ in thousands | 271,000 | 286,000 | 275,000 | 248,000 | 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 |
| Receivables turnover | 5.10 | 5.01 | 5.14 | 5.58 | 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 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,381,000K ÷ $271,000K
= 5.10
The receivables turnover ratio for Wyndham Hotels & Resorts Inc has been fluctuating over the past few years. The ratio indicates how efficiently the company is able to collect payments from its customers.
In March 2020, the receivables turnover ratio was 6.74, which means that the company collected its outstanding receivables approximately 6.74 times during that period. The ratio then decreased to 5.47 in June 2020, suggesting a slightly lower collection efficiency.
Subsequently, the ratio continued to decline, reaching its lowest point of 4.41 in December 2020, indicating that the company took longer to collect its receivables during that period. However, there was a slight improvement in the ratio in the following quarters.
By March 2022, the receivables turnover ratio had increased to 7.17, showing a better collection efficiency compared to the previous year. The ratio then stabilized around the range of 5 to 6 in the subsequent quarters, with minor fluctuations.
Overall, the trend in the receivables turnover ratio for Wyndham Hotels & Resorts Inc reflects variations in the company's ability to efficiently collect payments from its customers. It is essential for the company to maintain a healthy balance between credit sales and timely collections to ensure optimal cash flow and financial stability.
Peer comparison
Dec 31, 2024