Hilton Worldwide Holdings (BSP:H1LT34) Receivables Turnover : 1.76 (As of Mar. 2024)

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What is Hilton Worldwide Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Hilton Worldwide Holdings's Revenue for the three months ended in Mar. 2024 was R$12,813 Mil. Hilton Worldwide Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was R$7,296 Mil. Hence, Hilton Worldwide Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.76.

Hilton Worldwide Holdings Receivables Turnover Historical Data

The historical data trend for Hilton Worldwide Holdings's Receivables 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.

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Hilton Worldwide Holdings Receivables Turnover Chart

Hilton Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.05

4.85

6.54

7.08

7.04

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
Receivables Turnover	Get a 7-Day Free Trial															1.74	1.90	1.93	1.80	1.76

Competitive Comparison of Hilton Worldwide Holdings's Receivables Turnover

For the Lodging subindustry, Hilton Worldwide Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Hilton Worldwide Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hilton Worldwide Holdings's Receivables Turnover falls into.

Hilton Worldwide Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Hilton Worldwide Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	50149.453	/ (	(6960.646	+	7286.003)	/	2 )
=	50149.453	/	7123.3245
=	7.04

Hilton Worldwide Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	12813.025	/ (	(7286.003	+	7305.367)	/	2 )
=	12813.025	/	7295.685
=	1.76

Hilton Worldwide Holdings (BSP:H1LT34) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Hilton Worldwide Holdings Receivables Turnover Related Terms

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Hilton Worldwide Holdings (BSP:H1LT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hilton Worldwide Holdings Inc (BSP:H1LT34) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HLT:USA HLT:Mexico HI91:Germany

Address

7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102

Website

https://www.hilton.com

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.

Hilton Worldwide Holdings (BSP:H1LT34) Headlines

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