Analysis of Long-term (Investment) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Visa Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Visa Inc. net fixed asset turnover ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Visa Inc. total asset turnover ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Visa Inc. equity turnover ratio deteriorated from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Net Fixed Asset Turnover
Visa Inc., net fixed asset turnover calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Net revenues | 7,985) | 7,936) | 7,787) | 7,275) | 7,189) | 7,059) | 6,559) | 6,130) | 5,729) | 5,687) | 5,101) | 4,837) | 5,854) | 6,054) | 6,137) | 5,840) | 5,494) | 5,506) | 5,434) | 5,240) | 5,073) | 4,862) | 4,855) | 4,565) | 4,477) | 4,461) | ||||||||
| Property, equipment and technology, net | 3,359) | 3,236) | 3,223) | 3,146) | 3,120) | 2,908) | 2,715) | 2,707) | 2,684) | 2,713) | 2,737) | 2,746) | 2,776) | 2,739) | 2,695) | 2,549) | 2,456) | 2,437) | 2,472) | 2,387) | 2,366) | 2,238) | 2,253) | 2,202) | 2,133) | 2,201) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 9.22 | 9.33 | 9.09 | 8.93 | 8.63 | 8.76 | 8.88 | 8.37 | 7.96 | 7.92 | 7.98 | 8.33 | 8.60 | 8.59 | 8.53 | 8.74 | 8.82 | 8.72 | 8.34 | 8.39 | 8.18 | 8.38 | 8.15 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 40.46 | 38.17 | 37.12 | 35.78 | 34.22 | 32.49 | 30.83 | 31.16 | 30.44 | 29.69 | 28.68 | 30.82 | 31.33 | 31.71 | 31.06 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 9.07 | 9.15 | 9.23 | 9.25 | 9.33 | 9.48 | 9.44 | 9.27 | 9.15 | 8.94 | 8.48 | 8.48 | 8.68 | 8.70 | 8.64 | 8.56 | 8.38 | 8.65 | 8.40 | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 30.81 | 28.19 | 26.99 | 21.77 | 20.38 | 19.74 | 19.66 | 19.06 | 19.91 | 20.86 | 20.25 | 20.54 | 19.36 | 17.99 | 17.17 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 10.27 | 9.87 | 9.59 | 9.86 | 10.37 | 10.15 | 9.77 | 9.81 | 9.57 | 9.18 | 8.62 | 8.75 | 8.61 | 8.45 | 8.47 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | 4.79 | 5.17 | 5.57 | 5.31 | 5.27 | 5.22 | 5.24 | 4.69 | 4.27 | 4.05 | 3.54 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 11.12 | 11.34 | 11.35 | 11.75 | 11.31 | 10.50 | 10.07 | 6.68 | 6.93 | 7.33 | 7.33 | 7.53 | 7.78 | 7.95 | 7.71 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 14.70 | 14.38 | 14.33 | 15.00 | 13.74 | 13.08 | 12.35 | 11.24 | 9.74 | 10.55 | 10.46 | 9.20 | 9.40 | 8.97 | 8.70 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 2.47 | 2.64 | 2.66 | 2.74 | 2.75 | 2.76 | 2.81 | 2.91 | 2.96 | 3.07 | 3.24 | 3.36 | 3.31 | 3.38 | 3.45 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 3.21 | 3.60 | 4.37 | 4.86 | 5.16 | 5.37 | 5.74 | 5.82 | 5.95 | 6.13 | 6.26 | 6.36 | 6.31 | 6.31 | 6.32 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | 17.86 | 16.45 | 15.38 | 14.54 | 13.39 | 14.05 | 13.37 | 12.36 | 11.44 | 10.60 | 9.79 | 9.14 | 10.02 | 9.53 | 9.80 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 8.69 | 9.74 | 9.41 | 9.03 | 8.68 | 8.98 | 8.64 | 7.91 | 7.67 | 7.24 | 7.20 | 6.70 | 6.45 | 6.25 | 6.48 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 6.98 | 6.82 | 6.88 | 7.57 | 7.54 | 7.84 | 7.70 | 7.47 | 7.06 | 6.97 | 6.85 | 7.48 | 7.23 | 7.89 | 7.39 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 9.68 | 10.01 | 10.51 | 10.17 | 9.68 | 9.43 | 8.90 | 8.67 | 8.32 | 7.85 | 7.62 | 7.25 | 7.23 | 7.38 | 7.82 | 8.87 | 9.39 | 9.98 | 10.09 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31).
1 Q2 2023 Calculation
Net fixed asset turnover
= (Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022
+ Net revenuesQ3 2022)
÷ Property, equipment and technology, net
= (7,985 + 7,936 + 7,787 + 7,275)
÷ 3,359 = 9.22
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Visa Inc. net fixed asset turnover ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023. |
Total Asset Turnover
Visa Inc., total asset turnover calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Net revenues | 7,985) | 7,936) | 7,787) | 7,275) | 7,189) | 7,059) | 6,559) | 6,130) | 5,729) | 5,687) | 5,101) | 4,837) | 5,854) | 6,054) | 6,137) | 5,840) | 5,494) | 5,506) | 5,434) | 5,240) | 5,073) | 4,862) | 4,855) | 4,565) | 4,477) | 4,461) | ||||||||
| Total assets | 86,755) | 85,387) | 85,501) | 85,410) | 81,808) | 81,929) | 82,896) | 82,671) | 80,195) | 80,426) | 80,919) | 77,884) | 72,820) | 74,781) | 72,574) | 70,249) | 69,865) | 71,655) | 69,225) | 68,175) | 69,042) | 67,154) | 67,977) | 64,000) | 63,227) | 63,370) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Total asset turnover1 | 0.36 | 0.35 | 0.34 | 0.33 | 0.33 | 0.31 | 0.29 | 0.27 | 0.27 | 0.27 | 0.27 | 0.29 | 0.33 | 0.31 | 0.32 | 0.32 | 0.31 | 0.30 | 0.30 | 0.29 | 0.28 | 0.28 | 0.27 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 1.32 | 1.32 | 1.30 | 1.29 | 1.28 | 1.23 | 1.17 | 1.14 | 1.14 | 1.17 | 1.20 | 1.27 | 1.33 | 1.33 | 1.45 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 0.66 | 0.67 | 0.65 | 0.64 | 0.63 | 0.62 | 0.58 | 0.58 | 0.56 | 0.55 | 0.53 | 0.55 | 0.56 | 0.55 | 0.54 | 0.53 | 0.51 | 0.49 | 0.48 | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 0.58 | 0.55 | 0.51 | 0.49 | 0.54 | 0.53 | 0.52 | 0.61 | 0.62 | 0.62 | 0.53 | 0.62 | 0.60 | 0.57 | 0.54 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 0.74 | 0.71 | 0.69 | 0.69 | 0.75 | 0.72 | 0.68 | 0.71 | 0.70 | 0.70 | 0.68 | 0.61 | 0.61 | 0.63 | 0.70 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | 0.44 | 0.43 | 0.40 | 0.39 | 0.36 | 0.35 | 0.32 | 0.44 | 0.40 | 0.37 | 0.34 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 0.46 | 0.45 | 0.48 | 0.48 | 0.47 | 0.44 | 0.43 | 0.42 | 0.44 | 0.47 | 0.47 | 0.49 | 0.49 | 0.50 | 0.51 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 0.50 | 0.49 | 0.46 | 0.45 | 0.43 | 0.69 | 0.62 | 0.56 | 0.53 | 0.81 | 0.70 | 0.88 | 1.06 | 1.12 | 1.08 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 0.56 | 0.56 | 0.54 | 0.56 | 0.54 | 0.53 | 0.50 | 0.52 | 0.50 | 0.49 | 0.47 | 0.49 | 0.47 | 0.47 | 0.44 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 0.36 | 0.34 | 0.39 | 0.39 | 0.39 | 0.33 | 0.31 | 0.34 | 0.36 | 0.35 | 0.34 | 0.41 | 0.40 | 0.37 | 0.36 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | 0.47 | 0.46 | 0.45 | 0.47 | 0.47 | 0.44 | 0.42 | 0.42 | 0.40 | 0.41 | 0.38 | 0.50 | 0.43 | 0.44 | 0.44 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 0.31 | 0.30 | 0.28 | 0.29 | 0.27 | 0.34 | 0.32 | 0.34 | 0.34 | 0.34 | 0.31 | 0.32 | 0.44 | 0.42 | 0.43 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 0.54 | 0.56 | 0.54 | 0.62 | 0.59 | 0.57 | 0.55 | 0.58 | 0.56 | 0.55 | 0.52 | 0.55 | 0.61 | 0.60 | 0.57 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 0.54 | 0.54 | 0.54 | 0.53 | 0.52 | 0.51 | 0.48 | 0.48 | 0.48 | 0.48 | 0.46 | 0.46 | 0.46 | 0.47 | 0.52 | 0.54 | 0.52 | 0.50 | 0.51 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31).
1 Q2 2023 Calculation
Total asset turnover
= (Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022
+ Net revenuesQ3 2022)
÷ Total assets
= (7,985 + 7,936 + 7,787 + 7,275)
÷ 86,755 = 0.36
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Visa Inc. total asset turnover ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Equity Turnover
Visa Inc., equity turnover calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Net revenues | 7,985) | 7,936) | 7,787) | 7,275) | 7,189) | 7,059) | 6,559) | 6,130) | 5,729) | 5,687) | 5,101) | 4,837) | 5,854) | 6,054) | 6,137) | 5,840) | 5,494) | 5,506) | 5,434) | 5,240) | 5,073) | 4,862) | 4,855) | 4,565) | 4,477) | 4,461) | ||||||||
| Equity | 38,565) | 36,924) | 35,581) | 35,483) | 35,989) | 36,194) | 37,589) | 37,790) | 37,696) | 37,679) | 36,210) | 35,524) | 34,585) | 35,270) | 34,684) | 34,995) | 34,275) | 34,095) | 34,006) | 33,318) | 34,103) | 33,401) | 32,760) | 31,944) | 30,783) | 31,726) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Equity turnover1 | 0.80 | 0.82 | 0.82 | 0.79 | 0.75 | 0.70 | 0.64 | 0.60 | 0.57 | 0.57 | 0.60 | 0.64 | 0.69 | 0.67 | 0.66 | 0.64 | 0.63 | 0.62 | 0.61 | 0.60 | 0.57 | 0.56 | 0.56 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 2.66 | 2.72 | 2.79 | 2.79 | 2.76 | 2.64 | 2.59 | 2.48 | 2.49 | 2.50 | 2.61 | 2.78 | 2.89 | 2.90 | 3.00 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 1.24 | 1.27 | 1.25 | 1.20 | 1.19 | 1.17 | 1.07 | 1.05 | 1.04 | 1.01 | 0.97 | 1.06 | 1.11 | 1.11 | 1.06 | 1.04 | 1.02 | 0.97 | 0.96 | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 6.41 | 6.71 | 5.17 | 3.29 | 3.04 | 3.45 | 3.93 | 52.68 | 52.61 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 1.31 | 1.25 | 1.30 | 1.27 | 1.25 | 1.14 | 1.09 | 1.13 | 1.15 | 1.10 | 1.08 | 1.05 | 1.08 | 1.10 | 1.11 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | 1.50 | 1.48 | 1.42 | 1.36 | 1.26 | 1.18 | 1.00 | 0.94 | 0.83 | 0.75 | 0.65 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 2.73 | 2.80 | 2.76 | 3.02 | 3.07 | 3.06 | 3.03 | 2.75 | 2.98 | 3.24 | 3.57 | 3.54 | 3.67 | 3.83 | 3.70 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 0.86 | 0.83 | 0.77 | 0.76 | 0.73 | 1.06 | 0.98 | 0.89 | 0.87 | 1.49 | 1.50 | 1.45 | 1.91 | 1.91 | 1.81 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 1.11 | 1.17 | 1.19 | 1.18 | 1.16 | 1.16 | 1.18 | 1.19 | 1.18 | 1.19 | 1.21 | 1.21 | 1.22 | 1.22 | 1.23 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | — | — | — | — | — | — | 7.73 | 4.46 | 4.98 | 4.13 | 3.24 | 2.79 | 2.54 | 2.14 | 1.81 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | 8.44 | 11.45 | 26.20 | 15.31 | 41.24 | 8.78 | 6.71 | 4.00 | 3.65 | 4.80 | 3.09 | 4.38 | 1.94 | 1.99 | 1.83 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 0.49 | 0.47 | 0.46 | 0.44 | 0.42 | 0.53 | 0.51 | 0.50 | 0.50 | 0.53 | 0.50 | 0.48 | 0.86 | 0.85 | 0.85 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 1.16 | 1.36 | 1.44 | 1.53 | 1.57 | 1.57 | 1.60 | 1.57 | 1.58 | 1.59 | 1.59 | 1.58 | 1.60 | 1.64 | 1.63 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 0.91 | 0.92 | 0.92 | 0.88 | 0.86 | 0.84 | 0.79 | 0.79 | 0.78 | 0.78 | 0.75 | 0.76 | 0.80 | 0.81 | 0.82 | 0.84 | 0.83 | 0.84 | 0.90 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31).
1 Q2 2023 Calculation
Equity turnover
= (Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022
+ Net revenuesQ3 2022)
÷ Equity
= (7,985 + 7,936 + 7,787 + 7,275)
÷ 38,565 = 0.80
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Visa Inc. equity turnover ratio deteriorated from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |