Melia Hotels International (Melia Hotels International) Receivables Turnover : 2.50 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Melia Hotels International 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. Melia Hotels International's Revenue for the three months ended in Mar. 2024 was $478 Mil. Melia Hotels International's average Accounts Receivable for the three months ended in Mar. 2024 was $192 Mil. Hence, Melia Hotels International's Receivables Turnover for the three months ended in Mar. 2024 was 2.50.

Melia Hotels International Receivables Turnover Historical Data

The historical data trend for Melia Hotels International'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.

* Premium members only.

Melia Hotels International Receivables Turnover Chart

Melia Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

11.14

6.02

11.75

15.92

13.35

Melia Hotels International 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															3.46	2.15	2.34	2.53	2.50

Competitive Comparison of Melia Hotels International's Receivables Turnover

For the Lodging subindustry, Melia Hotels International'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.

Melia Hotels International's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Melia Hotels International's Receivables Turnover falls into.

Melia Hotels International Receivables Turnover Calculation

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

Melia Hotels International'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 )
=	2096.73	/ (	(122.458	+	191.678)	/	2 )
=	2096.73	/	157.068
=	13.35

Melia Hotels International'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 )
=	478.261	/ (	(191.678	+	0)	/	1 )
=	478.261	/	191.678
=	2.50

Melia Hotels International (OTCPK:SMIZF) 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.

Melia Hotels International Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Melia Hotels International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Melia Hotels International (Melia Hotels International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melia Hotels International SA (OTCPK:SMIZF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MELe:UK 0MKO:UK MEL:Spain MEL:Germany

Address

Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009

Website

https://www.melia.com

Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International (Melia Hotels International) Headlines

From GuruFocus

Francisco Garcia Parames Comments on Melia

By Sydnee Gatewood Sydnee Gatewood • 05-01-2020

Francisco Garcia Parames Comments on Melia

By Sydnee Gatewood Sydnee Gatewood • 08-03-2020

AzValor Comments on Melia

By Sydnee Gatewood Sydnee Gatewood • 05-11-2021