eBay Inc (EBAY)
Total 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 |
| Total assets | US$ in thousands | 19,365,000 | 21,620,000 | 20,850,000 | 26,626,000 | 19,310,000 |
| Total asset turnover | 0.53 | 0.47 | 0.47 | 0.39 | 0.46 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $10,283,000K ÷ $19,365,000K
= 0.53
The total asset turnover of eBay Inc has shown some fluctuations over the past five years. In December 31, 2020, the total asset turnover was 0.46, indicating that the company generated $0.46 in revenue for every dollar of assets. However, by December 31, 2021, the total asset turnover decreased to 0.39, suggesting a decrease in efficiency in generating revenue from its assets.
There was a slight improvement in the total asset turnover in both December 31, 2022 and December 31, 2023, where the ratio increased to 0.47. This indicates that eBay Inc was able to generate more revenue from its assets in those years compared to the previous year.
The most significant improvement in total asset turnover was seen by December 31, 2024, where the ratio increased to 0.53. This suggests that the company effectively utilized its assets to generate revenue, showing an increase in efficiency in asset utilization.
Overall, eBay Inc's total asset turnover has shown variability over the years, with fluctuations indicating changes in the company's ability to generate revenue from its total assets. The increasing trend in recent years may suggest improved operational efficiency and better utilization of resources. However, it is important for the company to continue monitoring and managing its asset turnover to ensure sustainable growth and profitability.
Peer comparison
Dec 31, 2024