Analysis of Geographic Areas
Activision Blizzard Inc. operates in 3 regions: Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific.
Area Asset Turnover
Activision Blizzard Inc., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Americas | 15.08 | 18.68 | 16.42 | 10.38 | 19.11 |
| Europe, Middle East, and Africa (EMEA) | 21.71 | 22.93 | 16.14 | 15.77 | 42.23 |
| Asia Pacific | 51.62 | 53.75 | 57.18 | 43.29 | 58.94 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Americas | Americas area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
| Europe, Middle East, and Africa (EMEA) | Europe, Middle East, and Africa (EMEA) area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. | |
| Asia Pacific | Asia Pacific area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: Americas
Activision Blizzard Inc.; Americas; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated net revenues | 4,208) | 4,931) | 4,434) | 3,341) | 3,880) |
| Long-lived assets | 279) | 264) | 270) | 322) | 203) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 15.08 | 18.68 | 16.42 | 10.38 | 19.11 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Consolidated net revenues ÷ Long-lived assets
= 4,208 ÷ 279 = 15.08
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Americas | Americas area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Area Asset Turnover: Europe, Middle East, and Africa (EMEA)
Activision Blizzard Inc.; Europe, Middle East, and Africa (EMEA); area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated net revenues | 2,236) | 2,797) | 2,680) | 2,239) | 2,618) |
| Long-lived assets | 103) | 122) | 166) | 142) | 62) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 21.71 | 22.93 | 16.14 | 15.77 | 42.23 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Consolidated net revenues ÷ Long-lived assets
= 2,236 ÷ 103 = 21.71
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe, Middle East, and Africa (EMEA) | Europe, Middle East, and Africa (EMEA) area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Area Asset Turnover: Asia Pacific
Activision Blizzard Inc.; Asia Pacific; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated net revenues | 1,084) | 1,075) | 972) | 909) | 1,002) |
| Long-lived assets | 21) | 20) | 17) | 21) | 17) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 51.62 | 53.75 | 57.18 | 43.29 | 58.94 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Consolidated net revenues ÷ Long-lived assets
= 1,084 ÷ 21 = 51.62
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Asia Pacific | Asia Pacific area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Consolidated net revenues
Activision Blizzard Inc., consolidated net revenues by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Americas | 4,208) | 4,931) | 4,434) | 3,341) | 3,880) |
| Europe, Middle East, and Africa (EMEA) | 2,236) | 2,797) | 2,680) | 2,239) | 2,618) |
| Asia Pacific | 1,084) | 1,075) | 972) | 909) | 1,002) |
| Total | 7,528) | 8,803) | 8,086) | 6,489) | 7,500) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Long-lived assets
Activision Blizzard Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Americas | 279) | 264) | 270) | 322) | 203) |
| Europe, Middle East, and Africa (EMEA) | 103) | 122) | 166) | 142) | 62) |
| Asia Pacific | 21) | 20) | 17) | 21) | 17) |
| Total | 403) | 406) | 453) | 485) | 282) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).