TripAdvisor Inc (TRIP)
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 | 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 |
| Total assets | US$ in thousands | 2,561,000 | 2,733,000 | 2,779,000 | 2,738,000 | 2,537,000 | 2,636,000 | 2,734,000 | 2,684,000 | 2,569,000 | 2,565,000 | 2,612,000 | 2,372,000 | 2,289,000 | 2,312,000 | 2,387,000 | 2,232,000 | 1,969,000 | 1,996,000 | 2,249,000 | 2,427,000 |
| 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 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,835,000K ÷ $2,561,000K
= 0.72
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. A higher total asset turnover indicates that the company is more efficient in utilizing its assets to generate sales.
For TripAdvisor Inc, the total asset turnover has shown fluctuations over the analyzed period. It decreased from 0.60 on March 31, 2020, to a low of 0.20 on March 31, 2021. This significant decline may indicate a decrease in the company's efficiency in generating revenue from its assets during this period.
However, there was a subsequent increase in the total asset turnover, reaching 0.72 on December 31, 2024. This improvement suggests that TripAdvisor Inc has become more efficient in utilizing its assets to generate sales by the end of the analyzed period.
Overall, the trend in total asset turnover for TripAdvisor Inc indicates fluctuations in asset utilization efficiency, with periods of both decline and improvement. Monitoring this ratio is essential for assessing the company's operational efficiency and ability to effectively leverage its assets for revenue generation.
Peer comparison
Dec 31, 2024