Yelp Inc (YELP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,412,060 | 1,337,060 | 1,193,510 | 1,031,840 | 872,933 |
| Property, plant and equipment | US$ in thousands | — | — | 77,224 | 224,642 | 101,718 |
| Fixed asset turnover | — | — | 15.46 | 4.59 | 8.58 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,412,060K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for Yelp Inc:
- In December 31, 2020, the fixed asset turnover was 8.58, indicating that for every dollar invested in fixed assets, Yelp generated $8.58 in revenue.
- By December 31, 2021, the ratio decreased to 4.59, suggesting a decline in the efficiency of the company's fixed asset utilization.
- However, there was a significant improvement in the ratio by December 31, 2022, reaching 15.46, which indicates a substantial increase in revenue generation from fixed assets.
- For December 31, 2023, and December 31, 2024, the data is not available (represented as "—"), so we cannot assess the trend in fixed asset turnover for those periods.
Overall, there have been fluctuations in Yelp Inc's fixed asset turnover, with a notable improvement in 2022. Monitoring this ratio over time is crucial to assess the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024