Travel & Leisure (TNL) Change in Receivables (2009 - 2026)
Travel & Leisure's Change in Receivables was $28 million in Q3 2026, compared with -$9 million a year earlier.
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Analysis
Travel & Leisure (TNL) Change in Receivables (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Travel & Leisure's Change in Receivables was $3 million through Sep 30, 2026, down 70.0% year-over-year; for FY2025, it was -$3 million.
- In earlier years, Change in Receivables was -$35 million in FY2024, $18 million in FY2023 (-35.7%), $28 million in FY2022 (+86.7%) and $15 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Change in Receivables since Q1 2019.
- Per Business Quant data, TNL's Change in Receivables in the three quarters before Q3 2026 was $1 million (Q2 2026), -$18 million (Q1 2026) and -$8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 105.39 Bn | 103.43 Bn | 1.55 Bn | - |
| 2 | Royal Caribbean Cruises | 81.61 Bn | 78.54 Bn | 2.88 Bn | -29.00 Mn |
| 3 | Hilton Worldwide Holdings | 79.79 Bn | 76.53 Bn | 3.05 Bn | - |
| 4 | Carnival | 39.37 Bn | 32.56 Bn | - | 21.00 Mn |
| 5 | Viking Holdings | 38.86 Bn | 23.98 Bn | 996.62 Mn | - |
| 6 | Trip.com | 26.00 Bn | -19.04 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 25.87 Bn | 21.84 Bn | - | - |
| 8 | Hyatt Hotels | 16.96 Bn | 14.38 Bn | 384.00 Mn | - |
| 9 | H World | 14.64 Bn | 6.04 Bn | 456.00 Mn | - |
| 10 | Travel & Leisure | 4.36 Bn | 4.36 Bn | 1.08 Bn | 28.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.00 Mn |
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | -18.00 Mn |
| Dec 31, 2025 | -8.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Mar 31, 2025 | 14.00 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | -27.00 Mn |
| Jun 30, 2024 | -16.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | -5.00 Mn |
| Sep 30, 2023 | 24.00 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | -3.00 Mn |
| Dec 31, 2022 | -9.00 Mn |
| Sep 30, 2022 | 26.00 Mn |
| Jun 30, 2022 | -2.00 Mn |
| Mar 31, 2022 | 13.00 Mn |
| Dec 31, 2021 | 6.00 Mn |
| Sep 30, 2021 | 13.00 Mn |
API Access
Travel & Leisure Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "TNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();