NH Hotel Group (XMAD:NHH) Receivables Turnover : 8.36 (As of Dec. 2023)

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What is NH Hotel Group 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. NH Hotel Group's Revenue for the six months ended in Dec. 2023 was €1,133 Mil. NH Hotel Group's average Accounts Receivable for the six months ended in Dec. 2023 was €136 Mil. Hence, NH Hotel Group's Receivables Turnover for the six months ended in Dec. 2023 was 8.36.

NH Hotel Group Receivables Turnover Historical Data

The historical data trend for NH Hotel Group'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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NH Hotel Group Receivables Turnover Chart

NH Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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16.03

7.86

18.92

22.47

18.63

NH Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															13.77	8.54	8.93	8.27	8.36

Competitive Comparison of NH Hotel Group's Receivables Turnover

For the Lodging subindustry, NH Hotel Group'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.

NH Hotel Group's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where NH Hotel Group's Receivables Turnover falls into.

NH Hotel Group Receivables Turnover Calculation

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

NH Hotel Group'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 )
=	2158.995	/ (	(104.332	+	127.409)	/	2 )
=	2158.995	/	115.8705
=	18.63

NH Hotel Group's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1133.489	/ (	(143.644	+	127.409)	/	2 )
=	1133.489	/	135.5265
=	8.36

NH Hotel Group (XMAD:NHH) 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.

NH Hotel Group Receivables Turnover Related Terms

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NH Hotel Group (XMAD:NHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (XMAD:NHH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NHHEF:USA NH5:Germany

Address

Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003

Website

https://www.nh-hoteles.es

NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

NH Hotel Group (XMAD:NHH) Headlines

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