TripAdvisor Inc (TRIP)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,835,000 | 1,788,000 | 1,492,000 | 902,000 | 604,000 |
| Total assets | US$ in thousands | 2,561,000 | 2,537,000 | 2,569,000 | 2,289,000 | 1,969,000 |
| Total asset turnover | 0.72 | 0.70 | 0.58 | 0.39 | 0.31 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,835,000K ÷ $2,561,000K
= 0.72
The total asset turnover of TripAdvisor Inc has shown a positive trend over the past five years. It increased from 0.31 in December 2020 to 0.72 in December 2024. This indicates that the company generated $0.72 in revenue for every dollar of assets it held at the end of 2024, reflecting an improvement in the efficiency of asset utilization over the period. The rising trend suggests that TripAdvisor Inc has been more successful in generating sales relative to its asset base, which could be attributed to better management of assets, increased productivity, or improved operational efficiency. Overall, the increasing total asset turnover ratio demonstrates positive momentum in the company's ability to generate revenue from its assets.
Peer comparison
Dec 31, 2024