eBay Inc (EBAY)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	10,283,000	10,112,000	9,795,000	10,420,000	8,894,000
Property, plant and equipment	US$ in thousands	—	—	1,238,000	1,525,000	1,358,000
Fixed asset turnover		—	—	7.91	6.83	6.55

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,283,000K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures a company's ability to generate sales revenue from its fixed assets. In the case of eBay Inc, the fixed asset turnover has shown a positive trend over the past few years.

In December 31, 2020, the fixed asset turnover ratio was 6.55, indicating that eBay generated $6.55 in sales for every dollar invested in fixed assets. This ratio increased to 6.83 in December 31, 2021, suggesting that eBay became more efficient in utilizing its fixed assets to generate sales revenue.

By December 31, 2022, the fixed asset turnover ratio further improved to 7.91, reflecting the company's enhanced operational efficiency and potentially better utilization of its fixed assets. However, there is missing data for December 31, 2023 and December 31, 2024, which limits the ability to provide a complete trend analysis for those years.

Overall, the increasing trend in eBay Inc's fixed asset turnover ratio indicates that the company is effectively utilizing its fixed assets to drive sales growth, which is a positive sign for investors and stakeholders. It suggests that eBay is efficiently managing its assets to generate revenue and maximize returns.