eBay Inc (EBAY)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | 1.51 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 7.00 | 1.56 | 1.95 | 2.32 | 2.79 |
Based on the provided data for eBay Inc's activity ratios, we have the following information:
1. Inventory Turnover:
- December 31, 2020: 1.51
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: Not available
The inventory turnover ratio measures how efficiently the company manages its inventory. A higher ratio indicates a more efficient turnover of inventory, but since data is only available for 2020, we cannot assess the trend over time for eBay Inc.
2. Receivables Turnover:
- All years: Not available
The receivables turnover ratio measures how effectively a company is able to collect payments from its customers. However, since data is not provided for any year, we are unable to evaluate eBay Inc's performance in this aspect.
3. Payables Turnover:
- All years: Not available
The payables turnover ratio indicates how long it takes for a company to pay its suppliers. Without data provided for any year, we are unable to analyze eBay Inc's efficiency in managing its payables.
4. Working Capital Turnover:
- December 31, 2020: 2.79
- December 31, 2021: 2.32
- December 31, 2022: 1.95
- December 31, 2023: 1.56
- December 31, 2024: 7.00
The working capital turnover ratio assesses how effectively a company utilizes its working capital to generate sales. A higher ratio indicates a more efficient use of working capital. eBay Inc's working capital turnover has fluctuated, with a notable increase observed in 2024, potentially reflecting improved operational efficiency or higher sales generated per unit of working capital.
Overall, due to the lack of data for receivables turnover and payables turnover, a comprehensive evaluation of eBay Inc's activity ratios is hindered. However, the working capital turnover trend suggests varying levels of efficiency in utilizing working capital over the years.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | 241.30 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Based on the provided data for eBay Inc, we can see that the Days of Inventory on Hand (DOH) for December 31, 2020, was 241.30 days. However, there is no information available for the DOH for the subsequent years up to December 31, 2024.
The Days of Sales Outstanding (DSO) and Number of Days of Payables for all the years (up to December 31, 2024) are not provided in the data.
Without complete information on DSO and Number of Days of Payables, we are unable to calculate or analyze the Cash Conversion Cycle (CCC) or Working Capital Cycle for eBay Inc. These ratios are typically used to assess the efficiency of a company in managing its working capital and liquidity.
In conclusion, based on the limited information provided, a comprehensive analysis of eBay Inc's activity ratios, specifically related to inventory turnover, sales collection, and payables turnover, cannot be performed. Further data on DSO and Number of Days of Payables is required to conduct a more in-depth evaluation of the company's operational effectiveness and efficiency.
See also:
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 7.91 | 6.83 | 6.55 |
| Total asset turnover | 0.53 | 0.47 | 0.47 | 0.39 | 0.46 |
The Fixed Asset Turnover ratio measures how efficiently a company generates sales using its fixed assets. eBay Inc's Fixed Asset Turnover has shown a positive trend over the years, increasing from 6.55 in 2020 to 7.91 in 2022. This indicates that eBay is becoming more efficient in utilizing its fixed assets to generate sales.
The Total Asset Turnover ratio shows how effectively a company utilizes its total assets to generate revenue. eBay Inc's Total Asset Turnover ratio fluctuated over the years, with a decrease in 2021 followed by an increase in 2022 and 2024. The ratio was relatively stable between 2022 and 2024, indicating that eBay is effectively using its total assets to generate sales.
Overall, the increasing trend in Fixed Asset Turnover and the stable Total Asset Turnover suggest that eBay Inc is efficiently utilizing its assets to drive sales growth and improve its operational performance.