Maplebear Inc. (CART)

Fixed 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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Sep 30, 2019
Revenue (ttm)	US$ in thousands	3,378,000	3,298,000	3,210,000	3,103,000	3,042,000	2,996,000	2,900,000	2,805,000	2,551,000	2,269,000	2,076,000	1,899,000	1,836,000	1,366,758	897,613	459,271	21,683
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	92,000	80,000	79,000	79,000	—	—	—	—	—	—	—
Fixed asset turnover		—	—	—	—	—	—	31.52	35.06	32.29	28.72	—	—	—	—	—	—	—

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,378,000K ÷ $—K
= —

Maplebear Inc.'s fixed asset turnover ratio has exhibited fluctuations over the available data points. The ratio was not calculable for the periods up to September 30, 2021. However, from September 30, 2022, the ratio rose significantly to 28.72 and continued to increase to 35.06 by March 31, 2023. This upward trend suggests that Maplebear Inc. is generating more revenue relative to its investment in fixed assets during these periods.

However, the ratio declined to 31.52 by June 30, 2023. The subsequent financial periods, up to the available data of March 31, 2024, do not provide information for the fixed asset turnover ratio. This lack of data impedes a comprehensive analysis of the company's recent performance in terms of fixed asset efficiency.

In conclusion, while the fixed asset turnover ratio showed significant improvement in the early data points provided, a more consistent trend is necessary to make reliable conclusions about Maplebear Inc.'s ability to efficiently utilize its fixed assets to generate sales. Further analysis with additional data points would be required for a more accurate assessment of the company's fixed asset turnover performance.