eBay Inc (EBAY)

Working capital 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 current assets	US$ in thousands	7,567,000	7,061,000	7,269,000	10,406,000	11,016,000	10,314,000	8,717,000	8,598,000	9,290,000	5,289,000	5,067,000	7,349,000	9,111,000	17,756,000	20,061,000	6,691,000	7,190,000	6,739,000	7,394,000	6,248,000
Total current liabilities	US$ in thousands	6,098,000	5,639,000	5,799,000	5,233,000	4,520,000	4,782,000	3,555,000	3,206,000	4,271,000	3,974,000	3,972,000	4,982,000	4,622,000	5,296,000	5,063,000	5,130,000	4,002,000	3,840,000	4,692,000	4,673,000
Working capital turnover		7.00	7.21	6.92	1.96	1.55	1.82	1.93	1.82	1.95	7.53	9.15	4.34	2.32	0.86	0.70	6.47	3.01	3.29	3.47	6.00

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $10,283,000K ÷ ($7,567,000K – $6,098,000K)
= 7.00

Working capital turnover is a financial ratio that measures how efficiently a company is using its working capital to generate sales revenue. The working capital turnover for eBay Inc fluctuated over the years, with values ranging from a low of 0.70 in June 30, 2021, to a high of 9.15 in June 30, 2022. A high working capital turnover indicates that the company is effectively utilizing its working capital to generate sales, while a low turnover may suggest inefficiencies in managing working capital.

In the most recent period, December 31, 2024, the working capital turnover for eBay Inc was 7.00, indicating a strong ability to convert working capital into revenue. It is important for investors and analysts to monitor changes in the working capital turnover over time to assess the company's operational efficiency and financial health.