TripAdvisor Inc (TRIP)
Fixed 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 | 1,835,000 | 1,814,000 | 1,815,000 | 1,812,000 | 1,788,000 | 1,752,000 | 1,678,000 | 1,601,000 | 1,492,000 | 1,379,000 | 1,223,000 | 1,041,000 | 902,000 | 777,000 | 625,000 | 449,000 | 604,000 | 823,000 | 1,100,000 | 1,463,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 194,000 | 194,000 | 195,000 | 201,000 | 209,000 | 257,000 | 220,000 | 225,000 | 229,000 | 240,000 | 250,000 | 259,000 | 268,000 |
| Fixed asset turnover | — | — | — | — | — | — | — | 8.25 | 7.69 | 7.07 | 6.08 | 4.98 | 3.51 | 3.53 | 2.78 | 1.96 | 2.52 | 3.29 | 4.25 | 5.46 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,835,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is generating revenue from its investment in fixed assets. It is calculated by dividing net sales by average fixed assets.
Analyzing the fixed asset turnover trend for TripAdvisor Inc based on the provided data, we observe a fluctuating pattern over the reported periods.
- The ratio was relatively high at 5.46 as of March 31, 2020, indicating that TripAdvisor was generating $5.46 in sales for every dollar invested in fixed assets.
- The ratio gradually decreased to 1.96 as of March 31, 2021, suggesting a decline in the efficiency of utilizing fixed assets to generate revenue.
- However, the ratio started to show an upward trend, reaching a peak of 8.25 as of March 31, 2023, indicating improved efficiency in utilizing fixed assets.
- The data for the subsequent periods is not available, as the values are indicated as "—".
Overall, the fluctuating trend in fixed asset turnover for TripAdvisor Inc suggests that the company has experienced varying levels of efficiency in generating sales from its fixed asset investments. It is essential for the company to maintain or improve this ratio over time to demonstrate effective utilization of its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024