Choice Hotels International (FRA:CZH) Days Sales Outstanding : 54.05 (As of Dec. 2023)

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What is Choice Hotels International Days Sales Outstanding?

Choice Hotels International's average Accounts Receivable for the three months ended in Dec. 2023 was €195 Mil. Choice Hotels International's Revenue for the three months ended in Dec. 2023 was €329 Mil. Hence, Choice Hotels International's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.05.

The historical rank and industry rank for Choice Hotels International's Days Sales Outstanding or its related term are showing as below:

FRA:CZH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.42 Med: 46.01 Max: 68.72
Current: 50.61

During the past 13 years, Choice Hotels International's highest Days Sales Outstanding was 68.72. The lowest was 38.42. And the median was 46.01.

FRA:CZH's Days Sales Outstanding is ranked worse than
68.08% of 802 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs FRA:CZH: 50.61

Choice Hotels International's Days Sales Outstanding declined from Dec. 2022 (67.44) to Dec. 2023 (54.05).

Choice Hotels International Days Sales Outstanding Historical Data

The historical data trend for Choice Hotels International's Days Sales Outstanding 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.

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Choice Hotels International Days Sales Outstanding Chart

Choice Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.24

71.89

49.90

46.89

49.51

Choice Hotels International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															67.44	59.37	46.62	47.24	54.05

Competitive Comparison of Choice Hotels International's Days Sales Outstanding

For the Lodging subindustry, Choice Hotels International's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Choice Hotels International's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Choice Hotels International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Choice Hotels International's Days Sales Outstanding falls into.

Choice Hotels International Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Choice Hotels International's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (204.484	+	179.637)	/	2 )	/	1415.999	*	365
=	192.0605					/	1415.999	*	365
=	49.51

Choice Hotels International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (209.683	+	179.637)	/	2 )	/	328.649	*	365 / 4
=	194.66					/	328.649	*	365 / 4
=	54.05

Choice Hotels International (FRA:CZH) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Choice Hotels International Days Sales Outstanding Related Terms

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Choice Hotels International (FRA:CZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Choice Hotels International Inc (FRA:CZH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CHH:USA

Address

1 Choice Hotels Circle, Suite 400, Rockville, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2022, Choice Hotels operated 628,000 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which will add around 70,000 rooms. Franchises are 99% of total revenue, and the United States represents 79% of total rooms in 2022.

Choice Hotels International (FRA:CZH) Headlines

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