Yelp Inc (YELP)
Total 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 |
| Total assets | US$ in thousands | 983,567 | 1,014,720 | 1,015,920 | 1,050,530 | 1,154,950 |
| Total asset turnover | 1.44 | 1.32 | 1.17 | 0.98 | 0.76 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,412,060K ÷ $983,567K
= 1.44
Based on the provided data, Yelp Inc's total asset turnover has shown a positive trend over the years, increasing from 0.76 in December 31, 2020, to 1.44 in December 31, 2024. This indicates that the company has been generating more revenue relative to its total assets invested in its operations.
A total asset turnover ratio above 1 suggests that the company is efficiently utilizing its assets to generate sales. The increasing trend observed in Yelp Inc's total asset turnover signifies improving operational efficiency and effectiveness in utilizing its assets to drive revenue growth.
This indicates positive momentum in how effectively Yelp Inc is generating sales in relation to its total asset base. An increasing total asset turnover ratio reflects the company's ability to efficiently utilize its assets to drive revenue generation. This trend may suggest improved operational efficiency and potentially increasing profitability for Yelp Inc in the future.
Peer comparison
Dec 31, 2024