Wyndham Hotels & Resorts Inc (WH)

Total asset 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
Total assets	US$ in thousands	4,033,000	4,100,000	4,056,000	4,084,000	4,123,000	4,210,000	4,250,000	4,292,000	4,269,000	4,310,000	4,241,000	4,640,000	4,644,000	4,894,000	4,848,000	5,158,000	4,533,000	4,630,000	4,656,000	4,904,000
Total asset turnover		0.35	0.34	0.35	0.35	0.36	0.38	0.39	0.38	0.37	0.34	0.31	0.26	0.28	0.30	0.35	0.39	0.45	0.43	0.44	0.40

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,398,000K ÷ $4,033,000K
= 0.35

The total asset turnover for Wyndham Hotels & Resorts Inc has been relatively stable around the range of 0.34 to 0.38 over the past eight quarters. This ratio indicates that, on average, the company generates between $0.34 and $0.38 in revenues for every dollar of total assets during these periods. The consistency in the range suggests that Wyndham is effectively utilizing its assets to generate revenue. However, it is essential to consider other factors such as industry benchmarks and trends to gain a deeper understanding of the company's operational efficiency.