Travel+Leisure Co (FRA:WD5A) Receivables Turnover : 5.01 (As of Mar. 2024)

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What is Travel+Leisure Co 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. Travel+Leisure Co's Revenue for the three months ended in Mar. 2024 was €843 Mil. Travel+Leisure Co's average Accounts Receivable for the three months ended in Mar. 2024 was €168 Mil. Hence, Travel+Leisure Co's Receivables Turnover for the three months ended in Mar. 2024 was 5.01.

Travel+Leisure Co Receivables Turnover Historical Data

The historical data trend for Travel+Leisure Co'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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Travel+Leisure Co Receivables Turnover Chart

Travel+Leisure Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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30.84

15.84

26.36

25.23

21.82

Travel+Leisure Co 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															5.52	5.95	5.77	5.10	5.01

Competitive Comparison of Travel+Leisure Co's Receivables Turnover

For the Travel Services subindustry, Travel+Leisure Co'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.

Travel+Leisure Co's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Travel+Leisure Co's Receivables Turnover falls into.

Travel+Leisure Co Receivables Turnover Calculation

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

Travel+Leisure Co'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 )
=	3438.75	/ (	(151.04	+	164.143)	/	2 )
=	3438.75	/	157.5915
=	21.82

Travel+Leisure Co'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 )
=	842.72	/ (	(164.143	+	172.04)	/	2 )
=	842.72	/	168.0915
=	5.01

Travel+Leisure Co (FRA:WD5A) 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.

Travel+Leisure Co Receivables Turnover Related Terms

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Travel+Leisure Co (FRA:WD5A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel+Leisure Co (FRA:WD5A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TNL:USA 0M1K:UK

Address

6277 Sea Harbor Drive, Orlando, FL, USA, 32821

Website

https://www.travelandleisureco.com

Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.

Travel+Leisure Co (FRA:WD5A) Headlines

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