Stock Analysis on Net

ServiceNow Inc. (NYSE:NOW)

Total Asset Turnover
since 2012

Calculation
Comparison to Competitors
Comparison to Sector (Software & Services)
Comparison to Industry (Information Technology)

Calculation

ServiceNow Inc., total asset turnover, long-term trends, calculation

	Total asset turnover	=	Revenues¹	÷	Total assets¹
Dec 31, 2023	0.52	=	8,971)	÷	17,387)
Dec 31, 2022	0.54	=	7,245)	÷	13,299)
Dec 31, 2021	0.55	=	5,896)	÷	10,798)
Dec 31, 2020	0.52	=	4,519)	÷	8,715)
Dec 31, 2019	0.57	=	3,460)	÷	6,022)
Dec 31, 2018	0.67	=	2,609)	÷	3,879)
Dec 31, 2017	0.57	=	1,933)	÷	3,398)
Dec 31, 2016	0.68	=	1,391)	÷	2,034)
Dec 31, 2015	0.56	=	1,005)	÷	1,807)
Dec 31, 2014	0.48	=	683)	÷	1,425)
Dec 31, 2013	0.36	=	425)	÷	1,168)
Dec 31, 2012	0.51	=	244)	÷	478)

Based on: 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), 10-K (reporting date: 2019-12-31), 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), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

¹ US$ in millions

Download chart

Comparison to Competitors

ServiceNow Inc., total asset turnover, long-term trends, comparison to competitors

	ServiceNow Inc.	Accenture PLC	Adobe Inc.	Autodesk Inc.	Cadence Design Systems Inc.	CrowdStrike Holdings Inc.	International Business Machines Corp.	Intuit Inc.	Microsoft Corp.	Oracle Corp.	Palo Alto Networks Inc.	Salesforce Inc.	Synopsys Inc.
Dec 31, 2023	0.52	1.25	0.65	0.53	0.72	0.45	0.46	0.52	0.51	0.37	0.48	0.32	0.57
Dec 31, 2022	0.54	1.30	0.65	0.51	0.69	0.40	0.48	0.46	0.54	0.39	0.45	0.28	0.54
Dec 31, 2021	0.55	1.17	0.58	0.52	0.68	0.32	0.43	0.62	0.50	0.31	0.42	0.32	0.48
Dec 31, 2020	0.52	1.20	0.53	0.53	0.68	0.34	0.47	0.70	0.47	0.34	0.38	0.31	0.46
Dec 31, 2019	0.57	1.45	0.54	0.54	0.70	—	0.51	1.08	0.44	0.36	0.44	0.43	0.52
Dec 31, 2018	0.67	1.70	0.48	0.50	0.87	—	0.65	1.15	0.43	0.29	0.39	0.50	0.51
Dec 31, 2017	0.57	1.62	0.50	0.42	0.80	—	0.63	1.27	0.37	0.28	0.51	0.48	0.50
Dec 31, 2016	0.68	1.69	0.46	0.45	0.87	—	0.68	1.10	0.44	0.33	0.50	0.52	0.46
Dec 31, 2015	0.56	1.80	0.41	0.51	0.72	—	0.74	0.84	0.53	0.34	0.47	0.50	0.44
Dec 31, 2014	0.48	1.78	0.38	0.49	0.49	—	0.79	0.87	0.50	0.42	0.40	0.44	0.43
Dec 31, 2013	0.36	1.80	0.39	0.54	0.60	—	0.79	0.76	0.55	0.45	0.68	0.55	0.45
Dec 31, 2012	0.51	1.79	0.44	0.69	0.58	—	0.88	0.89	0.61	0.47	0.63	0.54	0.42

Based on: 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), 10-K (reporting date: 2019-12-31), 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), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Download chart

Comparison to Sector (Software & Services)

ServiceNow Inc., total asset turnover, long-term trends, comparison to sector (software & services)

	ServiceNow Inc.	Software & Services
Dec 31, 2023	0.52	0.51
Dec 31, 2022	0.54	0.53
Dec 31, 2021	0.55	0.49
Dec 31, 2020	0.52	0.48
Dec 31, 2019	0.57	0.50
Dec 31, 2018	0.67	0.51
Dec 31, 2017	0.57	0.47
Dec 31, 2016	0.68	0.54
Dec 31, 2015	0.56	0.59
Dec 31, 2014	0.48	0.61
Dec 31, 2013	0.36	0.65
Dec 31, 2012	0.51	0.72

Based on: 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), 10-K (reporting date: 2019-12-31), 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), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Download chart

Comparison to Industry (Information Technology)

ServiceNow Inc., total asset turnover, long-term trends, comparison to industry (information technology)

	ServiceNow Inc.	Information Technology
Dec 31, 2023	0.52	0.59
Dec 31, 2022	0.54	0.63
Dec 31, 2021	0.55	0.61
Dec 31, 2020	0.52	0.57
Dec 31, 2019	0.57	0.58
Dec 31, 2018	0.67	0.59
Dec 31, 2017	0.57	0.51
Dec 31, 2016	0.68	0.55
Dec 31, 2015	0.56	0.63
Dec 31, 2014	0.48	0.64
Dec 31, 2013	0.36	0.65
Dec 31, 2012	0.51	0.70

Based on: 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), 10-K (reporting date: 2019-12-31), 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), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Download chart