eBay Inc (EBAY)

Total 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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	10,283,000	10,255,000	10,179,000	10,147,000	10,101,000	10,060,000	9,940,000	9,822,000	9,795,000	9,898,000	10,019,000	10,265,000	10,420,000	10,675,000	10,432,000	10,101,000	9,592,000	9,545,000	9,370,000	9,456,000
Total assets	US$ in thousands	19,365,000	19,915,000	20,378,000	21,418,000	21,620,000	21,184,000	19,956,000	20,004,000	20,850,000	19,097,000	19,653,000	22,980,000	26,626,000	29,257,000	31,823,000	18,731,000	19,310,000	18,421,000	20,014,000	18,929,000
Total asset turnover		0.53	0.51	0.50	0.47	0.47	0.47	0.50	0.49	0.47	0.52	0.51	0.45	0.39	0.36	0.33	0.54	0.50	0.52	0.47	0.50

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,283,000K ÷ $19,365,000K
= 0.53

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its assets. It indicates how well a company is utilizing its assets to generate revenue.

Based on the data provided for eBay Inc, the total asset turnover ratio has fluctuated over the period from March 31, 2020, to December 31, 2024. Initially, the ratio was at 0.50 on March 31, 2020, indicating that eBay generated $0.50 in sales revenue for every dollar of assets.

The ratio then experienced some variability, with a decrease to 0.33 on June 30, 2021, suggesting a decline in efficiency in utilizing assets to generate sales. However, the ratio subsequently improved and reached its peak of 0.53 on December 31, 2024, indicating that eBay was able to generate $0.53 in sales revenue for every dollar of assets.

Overall, fluctuations in the total asset turnover ratio reflect changes in eBay's efficiency in leveraging its assets to generate sales revenue over the years. Investors and analysts closely monitor this ratio to assess the company's operational performance and asset utilization efficiency.