What is Travel + Leisure's change in AR?

Travel + Leisure (TNL) reported change in AR of -$18M in Q1 2026.

How has Travel + Leisure's change in AR changed year-over-year?

Travel + Leisure's change in AR decreased by 228.6% year-over-year, from $14M to -$18M.

What does change in AR mean?

Increase or decrease in amounts owed by customers — the primary working capital driver for many businesses.

Travel + Leisure TNL Change in AR

Change in AR at other companies

Expedia Group, Inc.EXPE

$1.01B-18.9%

Vail ResortsMTN

-$284.95M-8.3%

Hyatt HotelsH

-$14.5M-487%

Wyndham Hotels & Resorts, Inc.WH

$11M+37.5%

Hilton WorldwideHLT

$24.75M-3.9%

Global Business Travel GroupGBTG

$151M+11.0%

Other financials

Income statement

See full

Revenue$961.0M+2.9%

Gross profit$926.0M+1.6%

Operating income$159.0M+1.9%

Net income$79.0M+8.2%

EPS (diluted)$1.22+14.0%

Balance sheet

See full

Cash & equivalents$456.0M+24.3%

Total debt$4.7B+11.9%

Total equity-$1.0B-13.2%

Total assets$6.8B+1.1%

Cash flow

See full

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

See full

Market cap$4.79B+39.8%

Enterprise value$9.04B+23.7%

P/E12.9×+2.3×

P/S1.2×+0.3×

Profitability

See full

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

See full

Return on equity122.1%—

Debt / equity6.6×—

Current ratio1.2×—

Where this comes from

Reported directly by Travel + Leisure in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsReceivable.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Travel + Leisure's change in ar.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Travel + Leisure's change in AR?: Travel + Leisure (TNL) reported change in AR of -$18M in Q1 2026.
How has Travel + Leisure's change in AR changed year-over-year?: Travel + Leisure's change in AR decreased by 228.6% year-over-year, from $14M to -$18M.
What does change in AR mean?: Increase or decrease in amounts owed by customers — the primary working capital driver for many businesses.