Maplebear Inc. (CART)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,378,000 | 3,042,000 | 2,551,000 | 1,834,000 | 1,477,000 |
| Property, plant and equipment | US$ in thousands | — | — | 79,000 | 73,000 | 73,000 |
| Fixed asset turnover | — | — | 32.29 | 25.12 | 20.23 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,378,000K ÷ $—K
= —
Maplebear Inc.'s fixed asset turnover has shown a positive trend over the years, increasing from 20.23 in 2020 to 32.29 in 2022. This indicates that the company is generating more revenue per dollar of fixed assets invested, reflecting efficient utilization of its fixed assets to support sales growth. The absence of data for 2023 and 2024 makes it challenging to assess the continuing trend, but the upward trajectory until 2022 suggests a strong operational performance in utilizing fixed assets for revenue generation. Further analysis would be required to evaluate the reasons behind this improvement and its sustainability over the coming years.
Peer comparison
Dec 31, 2024