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)
Adobe Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02), 10-K (reporting date: 2017-12-01), 10-Q (reporting date: 2017-09-01), 10-Q (reporting date: 2017-06-02), 10-Q (reporting date: 2017-03-03), 10-K (reporting date: 2016-12-02), 10-Q (reporting date: 2016-09-02), 10-Q (reporting date: 2016-06-03), 10-Q (reporting date: 2016-03-04).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Adobe Inc. net fixed asset turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Adobe Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Adobe Inc. total asset turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Adobe Inc. equity turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
Net Fixed Asset Turnover
Adobe Inc., net fixed asset turnover calculation (quarterly data)
| Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | Nov 30, 2018 | Aug 31, 2018 | Jun 1, 2018 | Mar 2, 2018 | Dec 1, 2017 | Sep 1, 2017 | Jun 2, 2017 | Mar 3, 2017 | Dec 2, 2016 | Sep 2, 2016 | Jun 3, 2016 | Mar 4, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Revenue | 4,262 | 4,110 | 3,935 | 3,835 | 3,905 | 3,424 | 3,225 | 3,128 | 3,091 | 2,992 | 2,834 | 2,744 | 2,601 | 2,465 | 2,291 | 2,195 | 2,079 | 2,007 | 1,841 | 1,772 | 1,682 | 1,608 | 1,464 | 1,399 | 1,383 | ||||||||
| Property and equipment, net | 1,703 | 1,673 | 1,629 | 1,573 | 1,530 | 1,517 | 1,467 | 1,387 | 1,340 | 1,293 | 1,244 | 1,205 | 1,104 | 1,075 | 1,019 | 993 | 992 | 937 | 940 | 924 | 822 | 816 | 812 | 796 | 795 | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 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 | 8.41 | 8.18 | 7.76 | 7.79 | 7.35 | 7.06 | 7.49 | 7.17 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | 32.49 | 30.83 | 31.16 | 30.44 | 29.69 | 28.68 | 30.82 | 31.33 | 31.71 | 31.06 | 31.90 | 33.16 | 33.91 | 32.91 | 33.04 | 32.70 | 32.63 | 32.23 | 34.67 | 36.87 | 38.04 | 36.38 | — | — | — | ||||||||
| Automatic Data Processing Inc. | 23.69 | 21.92 | 20.88 | 21.06 | 20.76 | 20.73 | 19.80 | 19.06 | 18.70 | 18.55 | 18.28 | 17.91 | 17.23 | 16.79 | 16.45 | 15.99 | 15.67 | 15.87 | 16.27 | 16.44 | 16.93 | 17.03 | — | — | — | ||||||||
| International Business Machines Corp. | 10.50 | 10.07 | 7.65 | 7.41 | 7.33 | 7.33 | 7.53 | 7.78 | 7.95 | 7.71 | 7.66 | 7.63 | 7.37 | 7.38 | 7.34 | 7.33 | 7.10 | 7.12 | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 13.08 | 12.35 | 11.24 | 9.74 | 10.55 | 10.46 | 9.20 | 9.40 | 8.97 | 8.70 | 8.48 | 7.94 | 7.57 | 7.34 | 6.12 | 5.52 | 5.20 | 5.03 | 4.89 | 4.63 | 4.55 | 4.55 | — | — | — | ||||||||
| Mastercard Inc. | 10.17 | 9.90 | 9.56 | 9.05 | 8.35 | 8.04 | 8.26 | 8.67 | 8.94 | 9.24 | 10.91 | 11.65 | 11.69 | 16.23 | 16.50 | 16.23 | 15.90 | 15.07 | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 2.76 | 2.81 | 2.91 | 2.96 | 3.07 | 3.24 | 3.36 | 3.31 | 3.38 | 3.45 | 3.63 | 3.62 | 3.66 | 3.75 | 3.71 | 3.76 | 3.79 | 3.79 | 3.97 | 4.01 | 4.44 | 4.65 | — | — | — | ||||||||
| Oracle Corp. | 5.37 | 5.74 | 5.82 | 5.95 | 6.13 | 6.26 | 6.36 | 6.31 | 6.31 | 6.32 | 6.39 | 6.63 | 6.73 | 6.75 | 6.69 | 6.63 | 6.86 | 7.10 | — | — | — | — | — | — | — | ||||||||
| PayPal Holdings Inc. | 13.87 | 13.29 | 12.93 | 12.90 | 12.66 | 11.87 | 11.55 | 11.19 | 11.09 | 10.50 | 10.02 | 9.50 | 9.18 | 8.96 | 9.09 | 9.27 | 9.06 | 8.57 | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 8.98 | 8.64 | 7.91 | 7.67 | 7.24 | 7.20 | 6.70 | 6.45 | 6.25 | 6.48 | 6.27 | 5.95 | 5.69 | 5.38 | 5.32 | 5.03 | 4.80 | 4.69 | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 7.84 | 7.70 | 7.47 | 7.06 | 6.97 | 6.85 | 7.48 | 7.23 | 7.89 | 7.39 | 8.04 | 8.27 | 8.01 | 7.51 | 8.20 | 7.89 | 7.87 | 7.89 | — | — | — | — | — | — | — | ||||||||
| Visa Inc. | 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 | 8.07 | 7.89 | 7.26 | 7.01 | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02), 10-K (reporting date: 2017-12-01), 10-Q (reporting date: 2017-09-01), 10-Q (reporting date: 2017-06-02), 10-Q (reporting date: 2017-03-03), 10-K (reporting date: 2016-12-02), 10-Q (reporting date: 2016-09-02), 10-Q (reporting date: 2016-06-03), 10-Q (reporting date: 2016-03-04).
1 Q1 2022 Calculation
Net fixed asset turnover
= (RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021
+ RevenueQ2 2021)
÷ Property and equipment, net
= (4,262 + 4,110 + 3,935 + 3,835)
÷ 1,703 = 9.48
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. | Adobe Inc. net fixed asset turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Adobe Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
| Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | Nov 30, 2018 | Aug 31, 2018 | Jun 1, 2018 | Mar 2, 2018 | Dec 1, 2017 | Sep 1, 2017 | Jun 2, 2017 | Mar 3, 2017 | Dec 2, 2016 | Sep 2, 2016 | Jun 3, 2016 | Mar 4, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Revenue | 4,262 | 4,110 | 3,935 | 3,835 | 3,905 | 3,424 | 3,225 | 3,128 | 3,091 | 2,992 | 2,834 | 2,744 | 2,601 | 2,465 | 2,291 | 2,195 | 2,079 | 2,007 | 1,841 | 1,772 | 1,682 | 1,608 | 1,464 | 1,399 | 1,383 | ||||||||
| Property and equipment, net | 1,703 | 1,673 | 1,629 | 1,573 | 1,530 | 1,517 | 1,467 | 1,387 | 1,340 | 1,293 | 1,244 | 1,205 | 1,104 | 1,075 | 1,019 | 993 | 992 | 937 | 940 | 924 | 822 | 816 | 812 | 796 | 795 | ||||||||
| Operating lease right-of-use assets, net | 435 | 443 | 452 | 458 | 477 | 487 | 507 | 489 | 504 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Property and equipment, net (including operating lease, right-of-use asset) | 2,138 | 2,116 | 2,081 | 2,031 | 2,007 | 2,004 | 1,974 | 1,876 | 1,844 | 1,293 | 1,244 | 1,205 | 1,104 | 1,075 | 1,019 | 993 | 992 | 937 | 940 | 924 | 822 | 816 | 812 | 796 | 795 | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 7.55 | 7.46 | 7.26 | 7.08 | 6.82 | 6.42 | 6.30 | 6.42 | 6.32 | 8.64 | 8.56 | 8.38 | 8.65 | 8.40 | 8.41 | 8.18 | 7.76 | 7.79 | 7.35 | 7.06 | 7.49 | 7.17 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | 11.17 | 10.48 | 10.27 | 9.83 | 9.71 | 9.37 | 9.54 | 9.69 | 9.68 | 31.06 | 31.90 | 33.16 | 33.91 | 32.91 | 33.04 | 32.70 | 32.63 | 32.23 | 34.67 | 36.87 | 38.04 | 36.38 | — | — | — | ||||||||
| Automatic Data Processing Inc. | 13.83 | 13.09 | 12.25 | 12.22 | 12.34 | 12.18 | 11.64 | 11.50 | 11.29 | 18.55 | 18.28 | 17.91 | 17.23 | 16.79 | 16.45 | 15.99 | 15.67 | 15.87 | 16.27 | 16.44 | 16.93 | 17.03 | — | — | — | ||||||||
| International Business Machines Corp. | 6.73 | 6.43 | 5.22 | 5.06 | 4.97 | 5.00 | 5.11 | 5.21 | 5.28 | 5.14 | 5.15 | 5.12 | 5.14 | 7.38 | 7.34 | 7.33 | 7.10 | 7.12 | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 8.64 | 8.30 | 7.66 | 6.52 | 8.04 | 8.00 | 7.11 | 6.76 | 6.42 | 8.70 | 8.48 | 7.94 | 7.57 | 7.34 | 6.12 | 5.52 | 5.20 | 5.03 | 4.89 | 4.63 | 4.55 | 4.55 | — | — | — | ||||||||
| Microsoft Corp. | 2.34 | 2.37 | 2.44 | 2.47 | 2.58 | 2.70 | 2.79 | 2.74 | 2.80 | 2.87 | 3.00 | 3.00 | 3.01 | 3.05 | 2.98 | 2.99 | 2.97 | 3.79 | 3.97 | 4.01 | 4.44 | 4.65 | — | — | — | ||||||||
| Salesforce Inc. | 4.02 | 3.75 | 3.67 | 3.52 | 3.31 | 3.16 | 2.87 | 2.84 | 2.75 | 6.48 | 6.27 | 5.95 | 5.69 | 5.38 | 5.32 | 5.03 | 4.80 | 4.69 | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 4.53 | 4.34 | 4.11 | 4.32 | 4.21 | 4.06 | 4.13 | 3.91 | 3.97 | 3.98 | 4.00 | 3.95 | 3.77 | 7.51 | 8.20 | 7.89 | 7.87 | 7.89 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02), 10-K (reporting date: 2017-12-01), 10-Q (reporting date: 2017-09-01), 10-Q (reporting date: 2017-06-02), 10-Q (reporting date: 2017-03-03), 10-K (reporting date: 2016-12-02), 10-Q (reporting date: 2016-09-02), 10-Q (reporting date: 2016-06-03), 10-Q (reporting date: 2016-03-04).
1 Q1 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021
+ RevenueQ2 2021)
÷ Property and equipment, net (including operating lease, right-of-use asset)
= (4,262 + 4,110 + 3,935 + 3,835)
÷ 2,138 = 7.55
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Adobe Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
Total Asset Turnover
Adobe Inc., total asset turnover calculation (quarterly data)
| Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | Nov 30, 2018 | Aug 31, 2018 | Jun 1, 2018 | Mar 2, 2018 | Dec 1, 2017 | Sep 1, 2017 | Jun 2, 2017 | Mar 3, 2017 | Dec 2, 2016 | Sep 2, 2016 | Jun 3, 2016 | Mar 4, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Revenue | 4,262 | 4,110 | 3,935 | 3,835 | 3,905 | 3,424 | 3,225 | 3,128 | 3,091 | 2,992 | 2,834 | 2,744 | 2,601 | 2,465 | 2,291 | 2,195 | 2,079 | 2,007 | 1,841 | 1,772 | 1,682 | 1,608 | 1,464 | 1,399 | 1,383 | ||||||||
| Total assets | 25,976 | 27,241 | 26,144 | 25,582 | 24,985 | 24,284 | 22,414 | 21,603 | 21,214 | 20,762 | 20,055 | 19,666 | 19,506 | 18,769 | 15,396 | 15,163 | 14,973 | 14,536 | 13,907 | 13,365 | 13,045 | 12,707 | 12,367 | 12,217 | 11,897 | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Total asset turnover1 | 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 | 0.56 | 0.54 | 0.51 | 0.50 | 0.50 | 0.49 | 0.47 | 0.46 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | 1.23 | 1.17 | 1.14 | 1.14 | 1.17 | 1.20 | 1.27 | 1.33 | 1.33 | 1.45 | 1.52 | 1.55 | 1.58 | 1.70 | 1.75 | 1.69 | 1.65 | 1.62 | 1.71 | 1.78 | 1.73 | 1.69 | — | — | — | ||||||||
| Automatic Data Processing Inc. | 0.26 | 0.31 | 0.27 | 0.30 | 0.34 | 0.37 | 0.34 | 0.30 | 0.38 | 0.34 | 0.29 | 0.36 | 0.36 | 0.36 | 0.30 | 0.29 | 0.35 | 0.33 | 0.28 | 0.30 | 0.35 | 0.27 | — | — | — | ||||||||
| International Business Machines Corp. | 0.44 | 0.43 | 0.48 | 0.48 | 0.47 | 0.47 | 0.49 | 0.49 | 0.50 | 0.51 | 0.52 | 0.50 | 0.60 | 0.65 | 0.66 | 0.66 | 0.64 | 0.63 | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 0.69 | 0.62 | 0.56 | 0.53 | 0.81 | 0.70 | 0.88 | 1.06 | 1.12 | 1.08 | 0.98 | 1.21 | 1.24 | 1.15 | 1.01 | 1.11 | 1.30 | 1.27 | 1.02 | 1.11 | 1.21 | 1.10 | — | — | — | ||||||||
| Mastercard Inc. | 0.54 | 0.50 | 0.50 | 0.48 | 0.44 | 0.46 | 0.49 | 0.51 | 0.55 | 0.58 | 0.63 | 0.64 | 0.65 | 0.60 | 0.62 | 0.62 | 0.58 | 0.59 | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 0.53 | 0.50 | 0.52 | 0.50 | 0.49 | 0.47 | 0.49 | 0.47 | 0.47 | 0.44 | 0.46 | 0.46 | 0.45 | 0.43 | 0.42 | 0.39 | 0.38 | 0.37 | 0.39 | 0.38 | 0.40 | 0.44 | — | — | — | ||||||||
| Oracle Corp. | 0.33 | 0.31 | 0.34 | 0.36 | 0.35 | 0.34 | 0.41 | 0.40 | 0.37 | 0.36 | 0.36 | 0.34 | 0.31 | 0.29 | 0.29 | 0.28 | 0.29 | 0.28 | — | — | — | — | — | — | — | ||||||||
| PayPal Holdings Inc. | 0.34 | 0.33 | 0.33 | 0.32 | 0.32 | 0.30 | 0.31 | 0.30 | 0.34 | 0.35 | 0.34 | 0.34 | 0.34 | 0.36 | 0.34 | 0.35 | 0.33 | 0.32 | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 0.34 | 0.32 | 0.34 | 0.34 | 0.34 | 0.31 | 0.32 | 0.44 | 0.42 | 0.43 | 0.47 | 0.46 | 0.48 | 0.50 | 0.57 | 0.54 | 0.52 | 0.48 | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 0.57 | 0.55 | 0.58 | 0.56 | 0.55 | 0.52 | 0.55 | 0.61 | 0.60 | 0.57 | 0.68 | 0.65 | 0.64 | 0.67 | 0.68 | 0.65 | 0.57 | 0.57 | — | — | — | — | — | — | — | ||||||||
| Visa Inc. | 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 | 0.28 | 0.27 | 0.25 | 0.24 | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02), 10-K (reporting date: 2017-12-01), 10-Q (reporting date: 2017-09-01), 10-Q (reporting date: 2017-06-02), 10-Q (reporting date: 2017-03-03), 10-K (reporting date: 2016-12-02), 10-Q (reporting date: 2016-09-02), 10-Q (reporting date: 2016-06-03), 10-Q (reporting date: 2016-03-04).
1 Q1 2022 Calculation
Total asset turnover
= (RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021
+ RevenueQ2 2021)
÷ Total assets
= (4,262 + 4,110 + 3,935 + 3,835)
÷ 25,976 = 0.62
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. | Adobe Inc. total asset turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |
Equity Turnover
Adobe Inc., equity turnover calculation (quarterly data)
| Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | Nov 30, 2018 | Aug 31, 2018 | Jun 1, 2018 | Mar 2, 2018 | Dec 1, 2017 | Sep 1, 2017 | Jun 2, 2017 | Mar 3, 2017 | Dec 2, 2016 | Sep 2, 2016 | Jun 3, 2016 | Mar 4, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Revenue | 4,262 | 4,110 | 3,935 | 3,835 | 3,905 | 3,424 | 3,225 | 3,128 | 3,091 | 2,992 | 2,834 | 2,744 | 2,601 | 2,465 | 2,291 | 2,195 | 2,079 | 2,007 | 1,841 | 1,772 | 1,682 | 1,608 | 1,464 | 1,399 | 1,383 | ||||||||
| Stockholders’ equity | 13,775 | 14,797 | 14,414 | 13,852 | 13,546 | 13,264 | 11,713 | 10,881 | 10,465 | 10,530 | 10,243 | 9,932 | 9,871 | 9,362 | 8,862 | 8,706 | 8,634 | 8,460 | 8,170 | 7,804 | 7,589 | 7,425 | 7,278 | 7,249 | 7,081 | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Equity turnover1 | 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 | 0.97 | 0.93 | 0.89 | 0.86 | 0.84 | 0.84 | 0.81 | 0.79 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | 2.64 | 2.59 | 2.48 | 2.49 | 2.50 | 2.61 | 2.78 | 2.89 | 2.90 | 3.00 | 3.12 | 3.19 | 3.32 | 4.01 | 4.14 | 4.04 | 4.15 | 4.11 | 4.42 | 4.48 | 4.76 | 4.61 | — | — | — | ||||||||
| Automatic Data Processing Inc. | 2.87 | 2.65 | 2.58 | 2.47 | 2.51 | 2.54 | 2.68 | 2.71 | 2.68 | 2.63 | 2.67 | 2.91 | 2.90 | 3.85 | 3.24 | 3.25 | 3.17 | 3.11 | 2.98 | 3.16 | 2.79 | 2.60 | — | — | — | ||||||||
| International Business Machines Corp. | 3.06 | 3.03 | 3.15 | 3.18 | 3.24 | 3.57 | 3.54 | 3.67 | 3.83 | 3.70 | 4.30 | 4.41 | 4.78 | 4.74 | 4.06 | 4.36 | 4.41 | 4.50 | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 1.06 | 0.98 | 0.89 | 0.87 | 1.49 | 1.50 | 1.45 | 1.91 | 1.91 | 1.81 | 1.67 | 2.30 | 2.19 | 2.53 | 2.46 | 4.70 | 4.39 | 3.82 | 3.00 | 6.18 | 5.08 | 4.04 | — | — | — | ||||||||
| Mastercard Inc. | 2.83 | 2.58 | 2.65 | 2.58 | 2.44 | 2.39 | 2.69 | 2.51 | 3.15 | 2.86 | 3.29 | 3.14 | 2.95 | 2.77 | 2.50 | 2.65 | 2.34 | 2.29 | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 1.16 | 1.18 | 1.19 | 1.18 | 1.19 | 1.21 | 1.21 | 1.22 | 1.22 | 1.23 | 1.29 | 1.29 | 1.34 | 1.33 | 1.31 | 1.26 | 1.05 | 1.24 | 1.25 | 1.25 | 1.21 | 1.19 | — | — | — | ||||||||
| Oracle Corp. | — | 7.73 | 4.46 | 4.98 | 4.13 | 3.24 | 2.79 | 2.54 | 2.14 | 1.81 | 1.67 | 1.30 | 1.05 | 0.87 | 0.83 | 0.70 | 0.68 | 0.70 | — | — | — | — | — | — | — | ||||||||
| PayPal Holdings Inc. | 1.25 | 1.17 | 1.11 | 1.14 | 1.18 | 1.07 | 1.10 | 1.09 | 1.14 | 1.05 | 1.03 | 1.01 | 1.05 | 1.00 | 0.99 | 0.97 | 0.94 | 0.82 | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 0.53 | 0.51 | 0.50 | 0.50 | 0.53 | 0.50 | 0.48 | 0.86 | 0.85 | 0.85 | 0.85 | 0.87 | 1.00 | 1.12 | 1.12 | 1.11 | 1.12 | 1.12 | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 1.57 | 1.60 | 1.57 | 1.58 | 1.59 | 1.59 | 1.58 | 1.60 | 1.64 | 1.63 | 2.26 | 2.39 | 2.35 | 2.35 | 2.39 | 2.54 | 2.43 | 3.31 | — | — | — | — | — | — | — | ||||||||
| Visa Inc. | 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 | 0.56 | 0.55 | 0.50 | 0.46 | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02), 10-K (reporting date: 2017-12-01), 10-Q (reporting date: 2017-09-01), 10-Q (reporting date: 2017-06-02), 10-Q (reporting date: 2017-03-03), 10-K (reporting date: 2016-12-02), 10-Q (reporting date: 2016-09-02), 10-Q (reporting date: 2016-06-03), 10-Q (reporting date: 2016-03-04).
1 Q1 2022 Calculation
Equity turnover
= (RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021
+ RevenueQ2 2021)
÷ Stockholders’ equity
= (4,262 + 4,110 + 3,935 + 3,835)
÷ 13,775 = 1.17
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. | Adobe Inc. equity turnover ratio improved from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022. |