Airbnb Inc (ABNB)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Revenue (ttm)	US$ in thousands	11,102,000	10,791,000	10,456,000	10,192,000	9,885,000	9,638,930	9,126,340	8,746,450	8,405,530	7,998,080	7,352,000	6,583,090	5,593,549
Total assets	US$ in thousands	20,959,000	22,172,000	26,320,000	24,537,000	20,645,000	21,439,000	21,188,000	20,018,000	16,038,000	16,076,600	19,059,100	17,068,400	13,708,000
Total asset turnover		0.53	0.49	0.40	0.42	0.48	0.45	0.43	0.44	0.52	0.50	0.39	0.39	0.41

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $11,102,000K ÷ $20,959,000K
= 0.53

The total asset turnover ratio for Airbnb Inc reflects the company's efficiency in generating sales revenue from its total assets. From December 31, 2021, to December 31, 2024, the total asset turnover ratio fluctuated within the range of 0.39 to 0.53. This indicates that for every dollar invested in total assets, Airbnb generated revenue ranging from 39 cents to 53 cents.

Overall, the trend shows some variability in the company's ability to efficiently utilize its assets to generate sales over the period analyzed. With fluctuations in the total asset turnover ratio, Airbnb may have experienced changes in operational efficiency, asset management, or sales performance during the time frame covered. Monitoring this ratio can provide insights into the company's operational effectiveness and financial performance.