TripAdvisor Inc (TRIP)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.58 | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 2.65 | 2.70 | 2.91 | 2.93 | 2.47 | 2.57 | 2.69 | 2.37 | 2.02 | 1.87 | 1.80 | 1.81 | 1.55 | 1.30 | 1.11 | 0.79 | 1.82 | 2.15 | 1.82 | 2.09 |
Based on the provided data for TripAdvisor Inc, the analysis of activity ratios reveals the following insights:
1. Inventory Turnover: The inventory turnover ratio for TripAdvisor Inc is not available for most periods, except for September 30, 2020, where it was 1.58. The lack of data for other periods may indicate that the company might have a low dependency on maintaining inventory levels to generate sales.
2. Receivables Turnover: The receivables turnover ratio is not provided for any of the periods. Without this information, it is difficult to assess how efficiently the company is collecting its receivables from customers.
3. Payables Turnover: The payables turnover ratio is also not available for any of the periods. This ratio would have helped in understanding how quickly the company is paying its suppliers and managing its payables.
4. Working Capital Turnover: The working capital turnover ratio, which measures how effectively the company utilizes its working capital to generate revenue, shows fluctuations over the periods provided. The ratio ranges from 0.79 to 2.93, indicating varying levels of efficiency in utilizing working capital for revenue generation.
In conclusion, the limited availability of data for inventory turnover, receivables turnover, and payables turnover hinders a comprehensive assessment of TripAdvisor Inc's efficiency in managing its operational activities. However, the working capital turnover ratio shows fluctuations over time, suggesting varying levels of effectiveness in utilizing working capital to drive revenue generation.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 231.75 | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, it appears that TripAdvisor Inc does not have specific information available for Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables for the periods from March 31, 2020, to December 31, 2024.
The absence of data for these activity ratios indicates a lack of disclosure or a reporting approach that does not focus on detailed breakdowns of inventory management, accounts receivable collection, and accounts payable management.
From an analytical perspective, the unavailability of these key activity ratios limits our ability to assess TripAdvisor Inc's efficiency in managing its inventory, collections from customers, and payments to suppliers. These ratios are crucial for understanding the company's operating cycle, liquidity position, and working capital management practices.
In the absence of this data, it may be challenging to evaluate TripAdvisor Inc's overall operating efficiency, effectiveness in managing cash flows, and relationships with suppliers and customers. Investors and stakeholders typically rely on such activity ratios to gauge a company's operational performance and financial health.
It would be beneficial for TripAdvisor Inc to provide more detailed information on these activity ratios in their financial reporting to enhance transparency, improve analysis, and facilitate a deeper understanding of the company's operational dynamics and financial performance.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total asset turnover | 0.72 | 0.66 | 0.65 | 0.66 | 0.70 | 0.66 | 0.61 | 0.60 | 0.58 | 0.54 | 0.47 | 0.44 | 0.39 | 0.34 | 0.26 | 0.20 | 0.31 | 0.41 | 0.49 | 0.60 |
TripAdvisor Inc's Fixed Asset Turnover ratio has shown a decreasing trend from March 2020 to March 2023, indicating a decline in the company's efficiency in generating sales revenue from its fixed assets. However, from March 2023 to December 2022, there was a significant improvement in the ratio, reaching its peak at 8.25. This suggests that the company has been able to utilize its fixed assets more effectively in generating sales.
In contrast, the Total Asset Turnover ratio reflects how efficiently the company utilizes all its assets to generate revenue. The ratio has generally been increasing from March 2020 to December 2024, indicating an improvement in the company's overall asset utilization efficiency. It has shown a more consistent upward trajectory compared to the Fixed Asset Turnover ratio.
Overall, while the Fixed Asset Turnover ratio showed fluctuations, the Total Asset Turnover ratio demonstrated a more stable improvement over the years, suggesting a positive trend in the company's ability to generate revenue relative to its total assets.