Applovin Corp (APP)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,709,250 | 3,283,090 | 2,817,060 | 2,793,100 | 1,451,090 |
| Total assets | US$ in thousands | 5,869,260 | 5,359,190 | 5,847,850 | 6,163,580 | 2,154,590 |
| Total asset turnover | 0.80 | 0.61 | 0.48 | 0.45 | 0.67 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,709,250K ÷ $5,869,260K
= 0.80