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DIBS (1stdibs.com) Asset Turnover : 0.15 (As of Dec. 2024)


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What is 1stdibs.com Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. 1stdibs.com's Revenue for the three months ended in Dec. 2024 was $22.77 Mil. 1stdibs.com's Total Assets for the quarter that ended in Dec. 2024 was $150.09 Mil. Therefore, 1stdibs.com's Asset Turnover for the quarter that ended in Dec. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. 1stdibs.com's annualized ROE % for the quarter that ended in Dec. 2024 was -20.18%. It is also linked to ROA % through Du Pont Formula. 1stdibs.com's annualized ROA % for the quarter that ended in Dec. 2024 was -13.89%.


1stdibs.com Asset Turnover Historical Data

The historical data trend for 1stdibs.com'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.

1stdibs.com Asset Turnover Chart

1stdibs.com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.96 0.75 0.50 0.45 0.54

1stdibs.com Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.12 0.12 0.13 0.14 0.15

Competitive Comparison of 1stdibs.com's Asset Turnover

For the Internet Retail subindustry, 1stdibs.com'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.


1stdibs.com's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 1stdibs.com's Asset Turnover distribution charts can be found below:

* The bar in red indicates where 1stdibs.com's Asset Turnover falls into.



1stdibs.com Asset Turnover Calculation

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

1stdibs.com's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=88.257/( (180.815+145.758)/ 2 )
=88.257/163.2865
=0.54

1stdibs.com's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=22.77/( (154.42+145.758)/ 2 )
=22.77/150.089
=0.15

* 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.


1stdibs.com  (NAS:DIBS) Asset Turnover Explanation

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

1stdibs.com's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-20.84/103.2695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.84 / 91.08)*(91.08 / 150.089)*(150.089/ 103.2695)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.88 %*0.6068*1.4534
=ROA %*Equity Multiplier
=-13.89 %*1.4534
=-20.18 %

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

1stdibs.com's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-20.84/150.089
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.84 / 91.08)*(91.08 / 150.089)
=Net Margin %*Asset Turnover
=-22.88 %*0.6068
=-13.89 %

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


1stdibs.com Asset Turnover Related Terms

Thank you for viewing the detailed overview of 1stdibs.com's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


1stdibs.com Business Description

Traded in Other Exchanges
N/A
Address
300 Park Avenue South, 10th Floor, New York, NY, USA, 10010
1stdibs.com Inc is an online marketplace for connecting design lovers with the sellers and makers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. The company's single reportable and operating segment contains two reporting units; 1stDibs, which consists of the company's online marketplace that enables commerce between sellers and buyers; and Design Manager, which is the company's separate online platform that is used to sell a software solution to interior designers. It generates revenue primarily from fees from seller marketplace services as well as other services, including advertisements and software services.
Executives
Matthew Rubinger officer: Chief Commercial Officer 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Thomas J Etergino officer: Chief Financial Officer 6033 SCHUMACHER PARK DRIVE, WEST CHESTER OH 45069
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Nancy Hood officer: Chief Marketing Officer C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
David S Rosenblatt director, officer: Chief Executive Officer C/O DOUBLECLICK INC.,, 111 EIGHTH AVENUE, NEW YORK NY 10011
Alison K. Lipman officer: Chief People Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Melanie F Goins officer: General Counsel and Secretary 136 HYDE STREET, NEWTON HIGHLANDS MA 02461
Carol Lattouf officer: SVP Operations 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ross A. Paul officer: Chief Technology Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ryan Beauchamp officer: Chief Product Officer 51 ASTOR PLACE, 3RD FL, NEW YORK NY 10003
Xiaodi T. Zhang officer: Chief Product Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Sarah Liebel officer: Chief Revenue Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Tu Nguyen officer: Chief Financial Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Andrew George Robb director 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Lori A Hickok director