Summit Hotel Properties Receivables Turnover (Quarterly)
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Summit Hotel Properties Receivables Turnover (Quarterly) Chart
Summit Hotel Properties Historical Receivables Turnover (Quarterly) Data
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About Receivables Turnover Ratio
The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.
A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.
The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
INN Receivables Turnover (Quarterly) Benchmarks
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INN Receivables Turnover (Quarterly) Range, Past 5 Years
INN Receivables Turnover (Quarterly) Excel Add-In Codes
- Metric Code: receivables_turnover
- Latest data point: =YCP("INN", "receivables_turnover")
- Last 5 data points: =YCS("INN", "receivables_turnover", -4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
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