Analysis of Short-term (Operating) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Short-term Activity Ratios (Summary)
Uber Technologies Inc., short-term (operating) activity ratios
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).
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Uber Technologies Inc. receivables turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Uber Technologies Inc. payables turnover ratio increased from 2022 to 2023 and from 2023 to 2024. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Uber Technologies Inc. working capital turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Uber Technologies Inc. number of days of receivables outstanding deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | Uber Technologies Inc. number of days of payables outstanding decreased from 2022 to 2023 and from 2023 to 2024. |
Receivables Turnover
Uber Technologies Inc., receivables turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 43,978) | 37,281) | 31,877) | 17,455) | 11,139) | |
| Accounts receivable, net of allowance | 3,333) | 3,404) | 2,779) | 2,439) | 1,073) | |
| Short-term Activity Ratio | ||||||
| Receivables turnover1 | 13.19 | 10.95 | 11.47 | 7.16 | 10.38 | |
| Benchmarks | ||||||
| Receivables Turnover, Competitors2 | ||||||
| FedEx Corp. | 8.69 | 8.85 | 7.88 | 6.96 | 6.85 | |
| Union Pacific Corp. | 12.80 | 11.63 | 13.15 | 12.66 | 12.98 | |
| United Airlines Holdings Inc. | 26.38 | 28.30 | 24.96 | 14.81 | 11.86 | |
| United Parcel Service Inc. | 8.38 | 8.11 | 7.97 | 7.76 | 7.87 | |
| Receivables Turnover, Sector | ||||||
| Transportation | 10.73 | 10.29 | 9.56 | 8.05 | 8.08 | |
| Receivables Turnover, Industry | ||||||
| Industrials | 9.05 | 8.61 | 8.17 | 7.76 | 7.57 | |
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 2024 Calculation
Receivables turnover = Revenue ÷ Accounts receivable, net of allowance
= 43,978 ÷ 3,333 = 13.19
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Uber Technologies Inc. receivables turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Payables Turnover
Uber Technologies Inc., payables turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cost of revenue, exclusive of depreciation and amortization | 26,651) | 22,457) | 19,659) | 9,351) | 5,154) | |
| Accounts payable | 858) | 790) | 728) | 860) | 235) | |
| Short-term Activity Ratio | ||||||
| Payables turnover1 | 31.06 | 28.43 | 27.00 | 10.87 | 21.93 | |
| Benchmarks | ||||||
| Payables Turnover, Competitors2 | ||||||
| FedEx Corp. | 27.50 | 23.43 | 23.20 | 21.86 | 21.17 | |
| Union Pacific Corp. | 28.63 | 28.18 | 31.73 | 28.99 | 31.92 | |
| United Airlines Holdings Inc. | 13.61 | 14.01 | 13.24 | 9.62 | 9.63 | |
| United Parcel Service Inc. | 14.45 | 14.35 | 13.36 | 12.93 | 13.11 | |
| Payables Turnover, Sector | ||||||
| Transportation | 18.63 | 17.96 | 17.23 | 15.26 | 15.94 | |
| Payables Turnover, Industry | ||||||
| Industrials | 8.65 | 8.07 | 7.83 | 7.81 | 7.49 | |
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 2024 Calculation
Payables turnover = Cost of revenue, exclusive of depreciation and amortization ÷ Accounts payable
= 26,651 ÷ 858 = 31.06
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Uber Technologies Inc. payables turnover ratio increased from 2022 to 2023 and from 2023 to 2024. |
Working Capital Turnover
Uber Technologies Inc., working capital turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 12,245) | 11,297) | 9,249) | 8,819) | 9,882) | |
| Less: Current liabilities | 11,476) | 9,454) | 8,853) | 9,024) | 6,865) | |
| Working capital | 769) | 1,843) | 396) | (205) | 3,017) | |
| Revenue | 43,978) | 37,281) | 31,877) | 17,455) | 11,139) | |
| Short-term Activity Ratio | ||||||
| Working capital turnover1 | 57.19 | 20.23 | 80.50 | — | 3.69 | |
| Benchmarks | ||||||
| Working Capital Turnover, Competitors2 | ||||||
| FedEx Corp. | 18.07 | 17.94 | 15.35 | 12.13 | 11.46 | |
| Union Pacific Corp. | — | — | — | — | 476.41 | |
| United Airlines Holdings Inc. | — | — | 681.14 | 6.98 | 7.40 | |
| United Parcel Service Inc. | 31.74 | 52.36 | 24.61 | 13.21 | 26.45 | |
| Working Capital Turnover, Sector | ||||||
| Transportation | 107.59 | 75.38 | 32.61 | 15.90 | 13.91 | |
| Working Capital Turnover, Industry | ||||||
| Industrials | 10.82 | 13.27 | 10.34 | 6.90 | 4.52 | |
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 2024 Calculation
Working capital turnover = Revenue ÷ Working capital
= 43,978 ÷ 769 = 57.19
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Uber Technologies Inc. working capital turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Average Receivable Collection Period
Uber Technologies Inc., average receivable collection period calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||
| Receivables turnover | 13.19 | 10.95 | 11.47 | 7.16 | 10.38 | |
| Short-term Activity Ratio (no. days) | ||||||
| Average receivable collection period1 | 28 | 33 | 32 | 51 | 35 | |
| Benchmarks (no. days) | ||||||
| Average Receivable Collection Period, Competitors2 | ||||||
| FedEx Corp. | 42 | 41 | 46 | 52 | 53 | |
| Union Pacific Corp. | 29 | 31 | 28 | 29 | 28 | |
| United Airlines Holdings Inc. | 14 | 13 | 15 | 25 | 31 | |
| United Parcel Service Inc. | 44 | 45 | 46 | 47 | 46 | |
| Average Receivable Collection Period, Sector | ||||||
| Transportation | 34 | 35 | 38 | 45 | 45 | |
| Average Receivable Collection Period, Industry | ||||||
| Industrials | 40 | 42 | 45 | 47 | 48 | |
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 2024 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 13.19 = 28
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Uber Technologies Inc. number of days of receivables outstanding deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Average Payables Payment Period
Uber Technologies Inc., average payables payment period calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||
| Payables turnover | 31.06 | 28.43 | 27.00 | 10.87 | 21.93 | |
| Short-term Activity Ratio (no. days) | ||||||
| Average payables payment period1 | 12 | 13 | 14 | 34 | 17 | |
| Benchmarks (no. days) | ||||||
| Average Payables Payment Period, Competitors2 | ||||||
| FedEx Corp. | 13 | 16 | 16 | 17 | 17 | |
| Union Pacific Corp. | 13 | 13 | 12 | 13 | 11 | |
| United Airlines Holdings Inc. | 27 | 26 | 28 | 38 | 38 | |
| United Parcel Service Inc. | 25 | 25 | 27 | 28 | 28 | |
| Average Payables Payment Period, Sector | ||||||
| Transportation | 20 | 20 | 21 | 24 | 23 | |
| Average Payables Payment Period, Industry | ||||||
| Industrials | 42 | 45 | 47 | 47 | 49 | |
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 2024 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 31.06 = 12
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | Uber Technologies Inc. number of days of payables outstanding decreased from 2022 to 2023 and from 2023 to 2024. |