Wyndham Hotels & Resorts Inc (WH)
Working capital 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 current assets | US$ in thousands | 467,000 | 373,000 | 545,000 | 720,000 | 900,000 |
| Total current liabilities | US$ in thousands | 466,000 | 459,000 | 406,000 | 397,000 | 346,000 |
| Working capital turnover | 1,408.00 | — | 10.78 | 4.85 | 2.35 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,408,000K ÷ ($467,000K – $466,000K)
= 1,408.00
Based on the provided data, the working capital turnover for Wyndham Hotels & Resorts Inc has shown a significant increase over the years.
* In December 31, 2020, the working capital turnover ratio was 2.35.
* By December 31, 2021, it more than doubled to 4.85, indicating an improvement in the efficiency of utilizing working capital.
* The ratio surged further to 10.78 by December 31, 2022, highlighting a substantial increase in the company's ability to generate revenue from its working capital.
* Unfortunately, the data provided for December 31, 2023 is missing, so it is challenging to analyze the trend for that year.
* However, in December 31, 2024, the working capital turnover ratio skyrocketed to 1,408.00. This unusual and extreme figure could arise from data input errors or other factors that require a closer examination.
In conclusion, the trend shows a positive trajectory in terms of working capital turnover for Wyndham Hotels & Resorts Inc, with a strong increase over the years leading to 2022, and an anomaly in 2024 which would warrant further investigation.
Peer comparison
Dec 31, 2024