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Hyatt Hotels (Hyatt Hotels) Inventory Turnover : 143.68 (As of Dec. 2023)


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What is Hyatt Hotels Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hyatt Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,365 Mil. Hyatt Hotels's Average Total Inventories for the quarter that ended in Dec. 2023 was $10 Mil. Hyatt Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 was 143.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hyatt Hotels's Days Inventory for the three months ended in Dec. 2023 was 0.64.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hyatt Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Hyatt Hotels Inventory Turnover Historical Data

The historical data trend for Hyatt Hotels's Inventory Turnover 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.

Hyatt Hotels Inventory Turnover Chart

Hyatt Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 313.62 196.86 274.00 484.53 594.44

Hyatt Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover 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 139.11 141.58 135.70 128.30 143.68

Hyatt Hotels Inventory Turnover Calculation

Hyatt Hotels's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=5350 / ((9 + 9) / 2 )
=5350 / 9
=594.44

Hyatt Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=1365 / ((10 + 9) / 2 )
=1365 / 9.5
=143.68

* 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.


Hyatt Hotels  (NYSE:H) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hyatt Hotels's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=9.5/1365*365 / 4
=0.64

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hyatt Hotels's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=9.5 / 1660
=0.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Hyatt Hotels Inventory Turnover Related Terms

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Hyatt Hotels (Hyatt Hotels) Business Description

Traded in Other Exchanges
Address
150 North Riverside Plaza, 8th Floor, Chicago, IL, USA, 60606
Hyatt is an operator of owned (4% of total rooms) and managed and franchise (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 55% Americas, 19% Asia-Pacific, and 26% rest of world.
Executives
Jnp Parachute Mirror Trust L other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp Parachute Mirror Trust K other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp 2010-pg Trust other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Joan Bottarini officer: See Remarks 150 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Peter Sears officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
David Udell officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Malaika Myers officer: See Remarks 71 SOUTH WACKER DRIVE, CHICAGO IL 60606
Mark R Vondrasek officer: See Remarks C/O AFFINION GROUP HOLDINGS, INC., 6 HIGH RIDGE PARK, STAMFORD CT 06905
Jspv 2010 Lasalle Mirror Trust #56 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Tspv 2010 Lasalle Mirror Trust #60 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Acps 2010 Lasalle Mirror Trust #19 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Djps 2010 Lasalle Mirror Trust #46 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Richard C Tuttle director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Michael A Rocca director C/O LIGAND PHARMACEUTICALS INCORPORATED, 10275 SCIENCE CENTER DRIVE, SAN DIEGO CA 92121
Susan D Kronick director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202