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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Accounts Receivable : $1,467 Mil (As of Mar. 2024)


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What is Hilton Worldwide Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hilton Worldwide Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $1,467 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hilton Worldwide Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 52.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hilton Worldwide Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-65.01.


Hilton Worldwide Holdings Accounts Receivable Historical Data

The historical data trend for Hilton Worldwide Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hilton Worldwide Holdings Accounts Receivable Chart

Hilton Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,261.00 771.00 1,068.00 1,327.00 1,487.00

Hilton Worldwide Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,298.00 1,402.00 1,396.00 1,487.00 1,467.00

Hilton Worldwide Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Hilton Worldwide Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Hilton Worldwide Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1467/2573*91
=52.03

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Hilton Worldwide Holdings's accounts receivable are only considered to be worth 75% of book value:

Hilton Worldwide Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1346+0.75 * 1467+0.5 * 0-18749
-0-16)/251.032
=-65.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Hilton Worldwide Holdings Accounts Receivable Related Terms

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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Business Description

Address
7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1,127,430 rooms across its 20 plus brands addressing the premium economy scale through luxury segments as of Dec. 31, 2022. Hampton and Hilton are the two largest brands by total room count at 28% and 13%, respectively, as of Dec. 31, 2022. Recent brands launched over the last few years include Home2, Curio, Canopy, Spark, Tru, Tempo, and Project H3. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.
Executives
Michael W Duffy officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Anne-marie W D'angelo officer: See Remarks 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kristin Ann Campbell officer: See Remarks 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Laura Fuentes officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Douglas M Steenland director 2700 LONE OAK PARKWAY, EAGAN MN 55121
Matthew W Schuyler officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Raymond E Mabus director C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Kevin J Jacobs officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Martin Rinck officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher W Silcock officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Chris Carr director 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Jonathan W. Witter officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ian Russell Carter officer: See Remarks HILTON HOTELS CORPORATION, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Hna Tourism Group Co., Ltd. 10 percent owner HNA BUILDING, NO. 7 GUOXING ROAD, HAIKOU F4 570203
Blackstone Real Estate Associates Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154