Wyndham Hotels & Resorts Inc (WH)
Total asset 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 |
| Total assets | US$ in thousands | 4,223,000 | 4,033,000 | 4,123,000 | 4,269,000 | 4,644,000 |
| Total asset turnover | 0.33 | 0.35 | 0.36 | 0.37 | 0.28 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,408,000K ÷ $4,223,000K
= 0.33
Wyndham Hotels & Resorts Inc's total asset turnover has shown a fluctuating trend over the past five years. The ratio increased from 0.28 in December 31, 2020, to 0.37 in December 31, 2021, indicating that the company generated $0.37 in revenue for every dollar of assets during that period. However, there was a slight decline in total asset turnover to 0.36 in December 31, 2022, followed by further decreases to 0.35 in December 31, 2023, and 0.33 in December 31, 2024.
This downward trend suggests that the efficiency of Wyndham Hotels & Resorts Inc in generating revenue from its total assets has been declining. It is important for the company to closely monitor and manage its asset utilization to ensure optimal efficiency and profitability going forward.
Peer comparison
Dec 31, 2024