Uber Technologies Inc (UBER)
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 | — | — | — | — | — | 26.06 | 23.38 | 23.29 | 28.91 | 29.44 | 10.58 | 7.71 | 14.82 | 18.57 | 21.19 | 24.36 | 7.94 | 30.18 | 55.49 | 37.89 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 57.19 | 9.33 | 18.50 | 18.54 | 20.23 | 28.22 | 17.25 | 65.98 | 80.50 | 83.47 | — | 1,646.62 | — | 9.53 | 132.59 | 11.36 | 4.00 | 5.21 | 3.62 | 3.25 |
The activity ratios of Uber Technologies Inc provide insights into how efficiently the company manages its assets and operations.
1. Inventory Turnover: This ratio indicates how many times the company's inventory is sold and replaced over a period. Uber's inventory turnover has shown fluctuation over the years, with a peak of 55.49 in June 2020 and a low of 7.71 in March 2022. The decreasing trend from 2020 to 2022 indicates slower inventory turnover and potentially less efficient inventory management. However, the ratio has started to improve, reaching 26.06 in September 2023, suggesting better inventory control.
2. Receivables Turnover: Unfortunately, data for this ratio is not available, which limits our ability to assess how quickly Uber collects its accounts receivable from customers.
3. Payables Turnover: Similar to receivables turnover, data for this ratio is not provided, making it challenging to evaluate how long Uber takes to pay its suppliers.
4. Working Capital Turnover: This ratio measures the efficiency of a company in using its working capital to generate revenue. Uber's working capital turnover has shown significant fluctuations, ranging from 3.25 in March 2020 to a high of 1,646.62 in March 2022. The extremely high turnover in March 2022 indicates that Uber generated significant revenue relative to its working capital during that period. The subsequent decrease to 9.33 in September 2024 suggests a decline in efficiency in converting working capital into revenue, although it remains relatively stable compared to previous years.
In conclusion, Uber's inventory turnover and working capital turnover ratios have exhibited notable fluctuations over the years, indicating varying levels of efficiency in managing assets and generating revenue. Absence of data for receivables and payables turnover limits a comprehensive assessment of the company's ability to collect receivables and manage payables effectively.
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 | — | — | — | — | — | 14.01 | 15.61 | 15.67 | 12.63 | 12.40 | 34.49 | 47.33 | 24.63 | 19.66 | 17.23 | 14.98 | 45.95 | 12.09 | 6.58 | 9.63 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Uber Technologies Inc, the Days of Inventory on Hand (DOH) ratio measures how efficiently the company manages its inventory by indicating the number of days it takes to sell its current inventory. Uber's DOH ratio fluctuated significantly over the observed periods, ranging from as low as 6.58 days to as high as 47.33 days. A lower DOH is generally considered more favorable as it implies quicker inventory turnover and less holding cost.
Additionally, the Days of Sales Outstanding (DSO) ratio, which assesses how quickly Uber collects its accounts receivable, was not available for any of the periods provided. Without this data, it is challenging to evaluate the company's efficiency in collecting payments from customers.
Furthermore, the Number of Days of Payables ratio, which reflects the number of days it takes for Uber to pay its payables, was also not provided for any of the periods examined. This ratio is crucial for understanding the company's payment practices and liquidity management.
In conclusion, while the Days of Inventory on Hand ratio indicates fluctuations in Uber's inventory management efficiency, the absence of data for the Days of Sales Outstanding and Number of Days of Payables ratios restricts a comprehensive assessment of the company's overall working capital management.
See also:
Uber Technologies Inc Short-term (Operating) Activity Ratios (Quarterly Data)
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 | — | — | — | — | — | 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 |
| Total asset turnover | 0.86 | 0.89 | 0.96 | 0.97 | 0.96 | 1.00 | 1.03 | 1.04 | 0.99 | 0.93 | 0.82 | 0.65 | 0.45 | 0.40 | 0.36 | 0.33 | 0.36 | 0.45 | 0.48 | 0.48 |
The Fixed Asset Turnover ratio measures how effectively a company generates sales from its investment in fixed assets. Uber Technologies Inc's Fixed Asset Turnover has shown fluctuation over the past years, ranging from 4.04 to 16.54. The ratio improved significantly from Q3 2022 to Q2 2023, indicating better utilization of fixed assets to generate revenue. It then decreased in Q3 2023 but remained relatively high compared to previous periods. However, there is missing data for the Fixed Asset Turnover ratio from Q4 2023 to Q4 2024, which makes it challenging to assess the trend accurately.
On the other hand, the Total Asset Turnover ratio reflects the company's efficiency in generating sales from its total assets. Uber's Total Asset Turnover ratio ranged from 0.33 to 1.04 over the analyzed period. The ratio saw an upward trend from Q1 2021 to Q2 2023, indicating an improvement in overall asset utilization to generate sales. However, it slightly declined in Q3 2023 but remained relatively stable around 0.96 to 1.04 in the subsequent quarters.
In conclusion, Uber's Fixed Asset Turnover ratio exhibited more volatility compared to the Total Asset Turnover ratio. The company should focus on maintaining a balance between generating revenue efficiently from its fixed assets and total assets to ensure sustainable growth and profitability in the long term.
See also:
Uber Technologies Inc Long-term (Investment) Activity Ratios (Quarterly Data)