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trivago NV (trivago NV) Asset Turnover : 0.31 (As of Mar. 2024)


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What is trivago NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. trivago NV's Revenue for the three months ended in Mar. 2024 was $110.3 Mil. trivago NV's Total Assets for the quarter that ended in Mar. 2024 was $352.2 Mil. Therefore, trivago NV's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. trivago NV's annualized ROE % for the quarter that ended in Mar. 2024 was -15.86%. It is also linked to ROA % through Du Pont Formula. trivago NV's annualized ROA % for the quarter that ended in Mar. 2024 was -10.35%.


trivago NV Asset Turnover Historical Data

The historical data trend for trivago NV's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

trivago NV Asset Turnover Chart

trivago NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.27 0.42 0.68 0.97

trivago NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.18 0.25 0.22 0.31

Competitive Comparison of trivago NV's Asset Turnover

For the Internet Content & Information subindustry, trivago NV's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


trivago NV's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, trivago NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where trivago NV's Asset Turnover falls into.



trivago NV Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

trivago NV's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=528.932/( (732.619+354.492)/ 2 )
=528.932/543.5555
=0.97

trivago NV's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=110.25/( (354.492+349.904)/ 2 )
=110.25/352.198
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


trivago NV  (NAS:TRVG) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

trivago NV's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-36.452/229.848
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.452 / 441)*(441 / 352.198)*(352.198/ 229.848)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.27 %*1.2521*1.5323
=ROA %*Equity Multiplier
=-10.35 %*1.5323
=-15.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

trivago NV's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-36.452/352.198
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-36.452 / 441)*(441 / 352.198)
=Net Margin %*Asset Turnover
=-8.27 %*1.2521
=-10.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


trivago NV Asset Turnover Related Terms

Thank you for viewing the detailed overview of trivago NV's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


trivago NV (trivago NV) Business Description

Traded in Other Exchanges
N/A
Address
Kesselstrasse 5 - 7, Dusseldorf, NW, DEU, 40221
trivago NV is a hotel search company focused on reshaping the way travelers search for and compare hotels while enabling hotel advertisers to grow their businesses by providing access to a broad audience of travelers through the company's websites and apps. The platform allows travelers to make informed decisions by personalizing their hotel search and providing access to a deep supply of hotel information and prices. The company operates in three operating segments namely the Americas, Developed Europe, and the Rest of the World. It derives a majority of revenue from the Developed Europe segment. The Developed Europe segment is comprised of Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Portugal, Spain, Sweden, and others.