Booking Holdings Inc (BKNG)

Total asset turnover

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 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 21,365,000 20,630,000 19,341,000 18,173,000 17,090,000 16,022,000 14,646,000 12,512,000 10,958,000 9,215,000 7,179,000 5,649,000 6,796,000 8,897,000 11,297,000 14,517,000 15,066,000 14,940,000 14,749,000 14,436,000
Total assets US$ in thousands 24,342,000 25,635,000 26,558,000 25,206,000 25,361,000 22,063,000 24,493,000 22,384,000 23,641,000 23,341,000 23,881,000 23,655,000 21,874,000 22,145,000 20,912,000 17,862,000 21,402,000 21,446,000 21,494,000 22,366,000
Total asset turnover 0.88 0.80 0.73 0.72 0.67 0.73 0.60 0.56 0.46 0.39 0.30 0.24 0.31 0.40 0.54 0.81 0.70 0.70 0.69 0.65

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $21,365,000K ÷ $24,342,000K
= 0.88

Booking Holdings Inc's total asset turnover has shown fluctuation over the quarters, ranging from 0.56 to 0.88. This ratio indicates how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover ratio suggests that the company is generating more revenue per dollar of assets.

In the latest quarter, Q4 2023, the total asset turnover ratio was 0.88, showing an improvement compared to the previous quarters. This suggests that Booking Holdings Inc was able to generate more revenue relative to its total assets in Q4 2023.

However, it's important to note that the total asset turnover has varied over the quarters, indicating some inconsistency in the company's asset efficiency. Booking Holdings Inc may need to focus on optimizing its asset utilization to ensure consistent and efficient revenue generation going forward.


Peer comparison

Dec 31, 2023


See also:

Booking Holdings Inc Total Asset Turnover (Quarterly Data)