Yelp Inc (YELP)
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 | 1,412,064 | 1,392,488 | 1,377,266 | 1,357,376 | 1,337,062 | 1,303,789 | 1,267,558 | 1,229,316 | 1,193,506 | 1,157,803 | 1,118,067 | 1,076,371 | 1,031,839 | 991,634 | 943,286 | 855,128 | 872,933 | 908,561 | 950,228 | 1,028,153 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 144,471 | 75,588 | 76,936 | 77,224 | 183,111 | 82,212 | 83,138 | 224,642 | 233,187 | 236,244 | 98,004 | 101,718 | 282,091 | 106,732 | 110,141 |
| Fixed asset turnover | — | — | — | — | — | 9.02 | 16.77 | 15.98 | 15.46 | 6.32 | 13.60 | 12.95 | 4.59 | 4.25 | 3.99 | 8.73 | 8.58 | 3.22 | 8.90 | 9.33 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,412,064K ÷ $—K
= —
The fixed asset turnover ratio is a measure of how efficiently a company is generating revenue from its investment in fixed assets. It indicates the amount of revenue generated for each dollar invested in fixed assets. A higher fixed asset turnover ratio is generally preferred as it signifies better asset utilization.
Analyzing the fixed asset turnover of Yelp Inc over the past few quarters reveals fluctuations in the efficiency of their fixed asset utilization. In March 2020, the ratio stood at a healthy 9.33, indicating that the company was generating significant revenue relative to its investment in fixed assets. This ratio remained consistently high through June and December 2020.
However, there was a notable drop in September 2020, where the ratio declined to 3.22, signaling a potential decrease in efficiency in utilizing fixed assets to generate revenue. This trend continued through June 2021, with a slight recovery seen in September and December 2021.
From March 2022 onwards, there was a significant improvement in the fixed asset turnover ratio, reaching its peak at 16.77 in June 2023. This sharp increase suggests that Yelp Inc effectively increased its revenue generation from fixed assets during this period.
It is important to note that the absence of data for the upcoming quarters (December 2023 to December 2024) limits a complete analysis of the company's current fixed asset turnover performance. Monitoring future trends in the fixed asset turnover ratio will be crucial to assess Yelp Inc's ongoing efficiency in utilizing its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024