Expedia Group Inc. (EXPE)

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	13,461,000	13,205,000	13,012,000	12,751,000	12,581,000	12,396,000	12,158,000	11,945,000	11,465,000	11,457,000	10,704,000	9,648,000	8,373,000	6,685,000	5,200,000	3,643,000	4,960,000	6,787,000	8,914,000	11,557,000
Total assets	US$ in thousands	22,388,000	23,405,000	25,893,000	24,761,000	21,642,000	22,522,000	25,676,000	24,986,000	21,561,000	21,879,000	24,744,000	24,577,000	21,548,000	21,944,000	24,181,000	21,866,000	18,690,000	19,679,000	21,905,000	20,417,000
Total asset turnover		0.60	0.56	0.50	0.51	0.58	0.55	0.47	0.48	0.53	0.52	0.43	0.39	0.39	0.30	0.22	0.17	0.27	0.34	0.41	0.57

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $13,461,000K ÷ $22,388,000K
= 0.60

Total asset turnover measures the efficiency of Expedia Group Inc. in generating sales from its total assets. The trend of total asset turnover for Expedia Group Inc. shows fluctuations over time. From March 31, 2020, to December 31, 2020, the total asset turnover decreased from 0.57 to 0.27, indicating a decline in the company's ability to generate sales from its assets. However, from March 31, 2021, to December 31, 2024, the total asset turnover gradually improved, reaching 0.60 by the end of December 31, 2024. This suggests that Expedia Group Inc. has become more efficient in utilizing its assets to generate revenue over this period. Overall, the increasing trend in total asset turnover indicates improved efficiency in utilizing assets to generate sales for the company.