Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
eBay Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | eBay Inc. net fixed asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | eBay Inc. total asset turnover ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | eBay Inc. equity turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
Net Fixed Asset Turnover
eBay Inc., net fixed asset turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenues | 10,746) | 9,567) | 8,979) | 8,592) | 17,902) | |
| Property and equipment, net | 1,597) | 1,597) | 1,516) | 1,554) | 2,902) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 6.73 | 5.99 | 5.92 | 5.53 | 6.17 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Amazon.com Inc. | — | — | — | — | — | |
| Home Depot Inc. | — | — | — | — | — | |
| Lowe’s Cos. Inc. | — | — | — | — | — | |
| TJX Cos. Inc. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Net fixed asset turnover = Net revenues ÷ Property and equipment, net
= 10,746 ÷ 1,597 = 6.73
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | eBay Inc. net fixed asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
Total Asset Turnover
eBay Inc., total asset turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenues | 10,746) | 9,567) | 8,979) | 8,592) | 17,902) | |
| Total assets | 22,819) | 25,981) | 23,847) | 17,785) | 45,132) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.47 | 0.37 | 0.38 | 0.48 | 0.40 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Amazon.com Inc. | — | — | — | — | — | |
| Home Depot Inc. | — | — | — | — | — | |
| Lowe’s Cos. Inc. | — | — | — | — | — | |
| TJX Cos. Inc. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Total asset turnover = Net revenues ÷ Total assets
= 10,746 ÷ 22,819 = 0.47
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | eBay Inc. total asset turnover ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level. |
Equity Turnover
eBay Inc., equity turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenues | 10,746) | 9,567) | 8,979) | 8,592) | 17,902) | |
| Stockholders’ equity | 6,281) | 8,063) | 10,539) | 6,576) | 19,906) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 1.71 | 1.19 | 0.85 | 1.31 | 0.90 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Amazon.com Inc. | — | — | — | — | — | |
| Home Depot Inc. | — | — | — | — | — | |
| Lowe’s Cos. Inc. | — | — | — | — | — | |
| TJX Cos. Inc. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Equity turnover = Net revenues ÷ Stockholders’ equity
= 10,746 ÷ 6,281 = 1.71
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | eBay Inc. equity turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |