Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

Salesforce Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Turnover Ratios
Receivables turnover 6.76 8.36 3.05 7.00 6.12 6.95 2.92 7.09 6.18 7.07 2.72 6.22 5.78 7.04 2.73 6.12 5.63 5.93 2.77 6.16 6.32 6.51 2.70
Working capital turnover 42.35 14.56 14.27 42.02 99.31 90.67 62.21 30.85 25.15 54.57 24.95 27.10 4.36 5.11 7.48 10.29 9.75 15.29 28.71
Average No. Days
Average receivable collection period 54 44 120 52 60 53 125 52 59 52 134 59 63 52 134 60 65 62 132 59 58 56 135

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Salesforce Inc. receivables turnover ratio improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Salesforce Inc. working capital turnover ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025.

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. Salesforce Inc. number of days of receivables outstanding improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025.

Receivables Turnover

Salesforce Inc., receivables turnover calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Revenues 9,325 9,133 9,287 8,720 8,603 8,247 8,384 7,837 7,720 7,411 7,326 6,863 6,340 5,963 5,817 5,419 5,151 4,865 4,851 4,513 3,997 3,737 3,603 3,392 3,281 3,006
Accounts receivable, net 5,391 4,273 11,414 4,850 5,400 4,632 10,755 4,275 4,745 3,952 9,739 4,019 4,074 3,174 7,786 3,316 3,445 3,076 6,174 2,573 2,332 2,153 4,924 2,037 1,980 1,763
Short-term Activity Ratio
Receivables turnover1 6.76 8.36 3.05 7.00 6.12 6.95 2.92 7.09 6.18 7.07 2.72 6.22 5.78 7.04 2.73 6.12 5.63 5.93 2.77 6.16 6.32 6.51 2.70
Benchmarks
Receivables Turnover, Competitors2
Adobe Inc. 11.62 12.67 9.69 8.73 10.20 10.94 9.99 8.53 9.98 10.51 9.58 8.41 9.77 9.74 9.00 9.20 9.44 8.82 8.40 7.28 7.76 7.94 7.12
Autodesk Inc. 14.44 15.99 6.28 9.23 12.97 15.42 5.21 7.63 10.93 11.89 6.13 7.26 11.29 11.94 5.89 6.76 7.22 9.61 5.02 5.98 8.44 10.24 5.42
Cadence Design Systems Inc. 7.76 7.37 10.46 8.36 9.19 8.62 7.54 7.32 8.78 8.38 8.72 8.85 9.09 7.41 7.21 7.93 8.40 7.79 8.37 7.67
CrowdStrike Holdings Inc. 5.32 4.67 3.58 5.07 4.90 5.30 3.58 4.19 4.38 4.43 3.94 4.54 4.27 4.73 3.66 4.41 4.38 3.91 2.92
International Business Machines Corp. 11.61 10.81 10.27 8.57 11.48 10.67 10.52 9.25 10.95 10.17 9.79 8.49 9.23 9.57 10.72 10.32 12.30 11.54 11.05 9.80
Intuit Inc. 35.63 20.02 16.27 39.65 35.48 19.62 15.15 34.68 28.53 17.44 12.84 25.10 24.64 16.04 16.60 79.16 51.54 31.31 11.82 66.66 77.98
Microsoft Corp. 5.76 4.31 5.37 5.31 5.91 4.35 5.55 5.70 6.49 4.48 5.90 5.52 6.44 4.42 6.08 5.61 6.44 4.47 6.11 5.71 6.80 4.26
Oracle Corp. 6.71 6.73 7.20 7.59 7.82 7.22 7.72 7.43 7.44 7.13 9.12 9.28 9.11 7.48 8.56 8.91 8.57 7.04 9.55 9.77 10.35 7.69
Palo Alto Networks Inc. 3.07 4.54 3.97 5.10 2.80 4.50 4.82 4.70 2.57 4.17 5.10 5.61 3.43 5.20 5.65 5.30 3.29 4.88 5.78 6.04 4.98
ServiceNow Inc. 8.00 6.56 7.26 4.41 7.26 7.33 6.87 4.20 7.71 7.74 7.59 4.24 7.13 6.62 7.49 4.48 6.69 6.26 6.04 4.14
Synopsys Inc. 7.74 7.41 5.76 6.17 8.29 6.78 5.00 6.38 7.25 6.58 4.34 7.40 7.06 6.51 4.84 4.72 5.50 5.36 4.22 6.07 7.23 6.14 4.16

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q2 2025 Calculation
Receivables turnover = (RevenuesQ2 2025 + RevenuesQ1 2025 + RevenuesQ4 2024 + RevenuesQ3 2024) ÷ Accounts receivable, net
= (9,325 + 9,133 + 9,287 + 8,720) ÷ 5,391 = 6.76

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. Salesforce Inc. receivables turnover ratio improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025.

Working Capital Turnover

Salesforce Inc., working capital turnover calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Current assets 21,862 25,604 29,074 20,202 21,138 21,981 26,395 19,209 21,246 20,411 22,850 15,957 16,256 20,444 21,889 14,946 14,846 14,713 15,963 11,026 9,903 10,035 10,683 6,870 6,802 10,151
Less: Current liabilities 21,001 23,149 26,631 19,394 20,805 21,626 25,891 18,227 20,080 19,899 21,788 15,035 17,393 15,323 17,728 12,234 12,963 12,843 14,845 10,474 10,195 10,488 11,255 8,022 8,469 7,895
Working capital 861 2,455 2,443 808 333 355 504 982 1,166 512 1,062 922 (1,137) 5,121 4,161 2,712 1,883 1,870 1,118 552 (292) (453) (572) (1,152) (1,667) 2,256
 
Revenues 9,325 9,133 9,287 8,720 8,603 8,247 8,384 7,837 7,720 7,411 7,326 6,863 6,340 5,963 5,817 5,419 5,151 4,865 4,851 4,513 3,997 3,737 3,603 3,392 3,281 3,006
Short-term Activity Ratio
Working capital turnover1 42.35 14.56 14.27 42.02 99.31 90.67 62.21 30.85 25.15 54.57 24.95 27.10 4.36 5.11 7.48 10.29 9.75 15.29 28.71
Benchmarks
Working Capital Turnover, Competitors2
Accenture PLC 34.49 22.48 15.40 11.18 11.93 10.11 13.40 14.81 15.07 13.41 15.55 15.85 12.77 7.71 8.35 7.70 8.71 10.32 10.56 9.98 9.85
Adobe Inc. 19.54 13.19 42.33 6.85 9.10 14.68 19.89 20.28 16.36 31.92 57.86 9.09 6.22 7.44 8.67 4.89 5.51 8.11 9.50
Autodesk Inc.
Cadence Design Systems Inc. 1.80 6.28 8.78 10.61 7.00 8.51 7.12 9.92 8.31 5.34 4.07 4.01 4.68 5.45 5.03 3.94 4.08 4.99 6.14 4.70
CrowdStrike Holdings Inc. 1.43 1.52 1.48 1.65 1.45 1.50 1.46 1.47 1.38 1.32 1.25 1.15 1.02 0.95 0.61 1.19 0.92 0.81 0.71
International Business Machines Corp. 37.03 17.08 14.55 31.12 12.14 40.51 49.97 107.30
Intuit Inc. 7.45 5.15 13.92 11.94 8.13 6.30 15.31 10.83 8.98 5.68 21.87 4.39 3.85 3.40 5.45 1.74 1.73 3.19 4.80 4.93 4.17
Microsoft Corp. 7.32 7.12 8.26 8.63 2.64 2.65 2.65 2.68 2.77 2.66 2.52 1.91 1.88 1.76 1.71 1.44 1.37 1.30 1.24 1.25 1.20 1.19
Oracle Corp. 3.50 3.86 3.39 1.70 1.29 1.69 1.58 1.26 1.12 2.25 1.98 1.68 1.42
Palo Alto Networks Inc. 3.52 2.15 1.40 4.81 1.80 1.89 1.80
ServiceNow Inc. 11.50 11.73 27.96 21.77 19.04 9.59 7.83 11.16 6.63 11.21 10.61 21.76 11.15 16.31 5.62 5.76 3.73 8.10 43.84 46.69
Synopsys Inc. 2.40 2.89 8.03 13.12 10.27 12.83 17.05 21.34 14.02 7.78 9.47 10.65 9.50 9.18 16.88 9.00 27.06

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q2 2025 Calculation
Working capital turnover = (RevenuesQ2 2025 + RevenuesQ1 2025 + RevenuesQ4 2024 + RevenuesQ3 2024) ÷ Working capital
= (9,325 + 9,133 + 9,287 + 8,720) ÷ 861 = 42.35

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. Salesforce Inc. working capital turnover ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025.

Average Receivable Collection Period

Salesforce Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data
Receivables turnover 6.76 8.36 3.05 7.00 6.12 6.95 2.92 7.09 6.18 7.07 2.72 6.22 5.78 7.04 2.73 6.12 5.63 5.93 2.77 6.16 6.32 6.51 2.70
Short-term Activity Ratio (no. days)
Average receivable collection period1 54 44 120 52 60 53 125 52 59 52 134 59 63 52 134 60 65 62 132 59 58 56 135
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Adobe Inc. 31 29 38 42 36 33 37 43 37 35 38 43 37 37 41 40 39 41 43 50 47 46 51
Autodesk Inc. 25 23 58 40 28 24 70 48 33 31 60 50 32 31 62 54 51 38 73 61 43 36 67
Cadence Design Systems Inc. 47 50 35 44 40 42 48 50 42 44 42 41 40 49 51 46 43 47 44 48
CrowdStrike Holdings Inc. 69 78 102 72 75 69 102 87 83 82 93 80 85 77 100 83 83 93 125
International Business Machines Corp. 31 34 36 43 32 34 35 39 33 36 37 43 40 38 34 35 30 32 33 37
Intuit Inc. 10 18 22 9 10 19 24 11 13 21 28 15 15 23 22 5 7 12 31 5 5
Microsoft Corp. 63 85 68 69 62 84 66 64 56 81 62 66 57 83 60 65 57 82 60 64 54 86
Oracle Corp. 54 54 51 48 47 51 47 49 49 51 40 39 40 49 43 41 43 52 38 37 35 47
Palo Alto Networks Inc. 119 80 92 72 130 81 76 78 142 88 72 65 106 70 65 69 111 75 63 60 73
ServiceNow Inc. 46 56 50 83 50 50 53 87 47 47 48 86 51 55 49 82 55 58 60 88
Synopsys Inc. 47 49 63 59 44 54 73 57 50 55 84 49 52 56 75 77 66 68 86 60 51 59 88

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q2 2025 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 6.76 = 54

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. Salesforce Inc. number of days of receivables outstanding improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025.