eBay Inc (EBAY)
Fixed 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 | 10,112,000 | 10,060,000 | 9,940,000 | 9,822,000 | 9,795,000 | 9,898,000 | 10,019,000 | 10,265,000 | 10,420,000 | 10,285,000 | 10,042,000 | 9,711,000 | 9,042,000 | 8,249,000 | 8,074,000 | 7,914,000 | 8,127,000 | 8,960,000 | 9,526,000 | 9,989,000 |
| Property, plant and equipment | US$ in thousands | 1,243,000 | 1,201,000 | 1,227,000 | 1,235,000 | 1,238,000 | 1,194,000 | 1,173,000 | 1,192,000 | 1,236,000 | 1,225,000 | 1,257,000 | 1,321,000 | 1,292,000 | 1,301,000 | 1,364,000 | 1,409,000 | 1,460,000 | 1,516,000 | 1,573,000 | 1,582,000 |
| Fixed asset turnover | 8.14 | 8.38 | 8.10 | 7.95 | 7.91 | 8.29 | 8.54 | 8.61 | 8.43 | 8.40 | 7.99 | 7.35 | 7.00 | 6.34 | 5.92 | 5.62 | 5.57 | 5.91 | 6.06 | 6.31 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,112,000K ÷ $1,243,000K
= 8.14
The fixed asset turnover ratio for EBay Inc. has been relatively stable over the past eight quarters, ranging between 7.91 and 8.38. This indicates that the company generates revenue efficiently relative to its investment in fixed assets.
EBay Inc. has consistently managed to efficiently utilize its fixed assets to generate sales revenue, with each dollar invested in fixed assets generating between $7.91 and $8.38 of revenue. The slight fluctuations in the ratio suggest that EBay has been able to maintain a stable level of efficiency in utilizing its fixed assets for revenue generation over the period analyzed.
Overall, EBay Inc.'s fixed asset turnover ratio indicates a strong performance in efficiently generating revenue from its fixed asset base, which is a positive sign for investors and indicates effective asset management by the company.
Peer comparison
Dec 31, 2023