Stock Analysis on Net

DoorDash, Inc. (NASDAQ:DASH)

$24.99

Total Asset Turnover
since 2020

Microsoft Excel

Calculation

DoorDash, Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 US$ in millions


Revenue
There has been a consistent and substantial increase in revenue over the period analyzed. Starting from $2,886 million in 2020, revenue grew to $4,888 million in 2021, followed by $6,583 million in 2022. The upward trend continued with revenues reaching $8,635 million in 2023 and $10,722 million in 2024. This demonstrates strong growth momentum and expanding operations.
Total assets
Total assets also showed an increasing trend throughout the years, rising from $6,353 million in 2020 to $6,809 million in 2021. A more pronounced increase occurred in 2022, with assets growing to $9,789 million. This upward trajectory persisted through 2023 and 2024, with total assets reaching $10,839 million and $12,845 million respectively, indicating ongoing investment and asset accumulation.
Total asset turnover
The total asset turnover ratio, which measures the efficiency of asset usage to generate revenue, improved from 0.45 in 2020 to 0.72 in 2021. A slight decline occurred in 2022, bringing the ratio down to 0.67. However, efficiency increased again in subsequent years, with turnover ratios of 0.80 in 2023 and 0.83 in 2024. This pattern suggests improved asset utilization over time, particularly in the later periods.

Comparison to Competitors

DoorDash, Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Sector (Consumer Services)

DoorDash, Inc., total asset turnover, long-term trends, comparison to sector (consumer services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Industry (Consumer Discretionary)

DoorDash, Inc., total asset turnover, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).