Uber Technologies Inc (UBER)

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	43,978,000	41,955,000	40,059,000	38,589,000	37,281,000	35,952,000	35,003,000	33,846,000	31,877,000	29,048,000	25,550,000	21,406,000	17,455,000	14,842,000	13,126,000	11,438,000	12,078,000	12,982,000	13,666,000	14,591,000
Property, plant and equipment	US$ in thousands	—	—	—	—	—	3,359,000	2,116,000	3,477,000	2,082,000	3,347,000	3,342,000	1,853,000	3,241,000	2,999,000	3,014,000	1,757,000	1,814,000	3,210,000	3,287,000	3,440,000
Fixed asset turnover		—	—	—	—	—	10.70	16.54	9.73	15.31	8.68	7.65	11.55	5.39	4.95	4.36	6.51	6.66	4.04	4.16	4.24

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $43,978,000K ÷ $—K
= —

The fixed asset turnover ratio for Uber Technologies Inc has shown fluctuations over the years based on the provided data. The ratio indicates how efficiently the company is utilizing its fixed assets to generate revenue.

From March 31, 2020, to June 30, 2021, the fixed asset turnover ratio remained relatively stable between 4.04 to 6.66, showing a consistent level of efficiency in generating revenue from fixed assets during that period.

However, there was a significant increase in the ratio from March 31, 2022, to June 30, 2023, reaching as high as 16.54 on June 30, 2023. This surge indicates a substantial improvement in leveraging the fixed assets to generate revenue efficiently during this period.

Subsequently, the ratio declined to 10.70 on September 30, 2023, before reaching 9.73 on March 31, 2023, indicating a decrease in efficient utilization of fixed assets compared to the peak in June 30, 2023.

The latest data provided for December 31, 2023, shows a fixed asset turnover ratio of "—". This could indicate missing or incomplete data for that period, making it challenging to assess the efficiency of asset utilization during that specific quarter.

Overall, the trend in the fixed asset turnover ratio for Uber Technologies Inc demonstrates varying levels of efficiency in utilizing fixed assets to generate revenue over the analyzed period. Periods of significant improvement were followed by slight declines, showcasing the company's evolving operational efficiency and resource utilization strategies.