Yelp Inc (YELP)
Total 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 |
| Total assets | US$ in thousands | 983,567 | 980,208 | 964,978 | 993,477 | 1,014,720 | 1,027,320 | 1,033,290 | 1,021,680 | 1,015,920 | 1,030,330 | 1,023,170 | 1,044,910 | 1,050,530 | 1,079,070 | 1,105,240 | 1,135,380 | 1,154,950 | 1,138,950 | 1,073,480 | 1,085,220 |
| Total asset turnover | 1.44 | 1.42 | 1.43 | 1.37 | 1.32 | 1.27 | 1.23 | 1.20 | 1.17 | 1.12 | 1.09 | 1.03 | 0.98 | 0.92 | 0.85 | 0.75 | 0.76 | 0.80 | 0.89 | 0.95 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,412,064K ÷ $983,567K
= 1.44
The total asset turnover of Yelp Inc has shown a generally increasing trend over the past few years, indicating improved efficiency in generating sales relative to its total assets. From a value of 0.95 on March 31, 2020, it decreased gradually to 0.75 by March 31, 2021 before picking up again. By December 31, 2024, the total asset turnover reached 1.44, suggesting that the company generated $1.44 in revenue for every $1 of total assets held at the end of the period. This upward trend indicates that Yelp Inc has been utilizing its assets more effectively to generate revenue, a positive sign for investors and stakeholders in terms of operational efficiency and potential profitability.
Peer comparison
Dec 31, 2024