Analysis of Long-term (Investment) Activity Ratios
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)
Automatic Data Processing Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).
Net Fixed Asset Turnover
Automatic Data Processing Inc., net fixed asset turnover calculation, comparison to benchmarks
| Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Revenues | 15,005,400) | 14,589,800) | 14,175,200) | 13,325,800) | 12,379,800) | 11,667,800) | |
| Property, plant and equipment, net | 684,500) | 703,900) | 764,200) | 793,700) | 779,900) | 685,000) | |
| Long-term Activity Ratio | |||||||
| Net fixed asset turnover1 | 21.92 | 20.73 | 18.55 | 16.79 | 15.87 | 17.03 | |
| Benchmarks | |||||||
| Net Fixed Asset Turnover, Competitors2 | |||||||
| Accenture PLC | 30.83 | 28.68 | — | — | — | — | |
| Adobe Inc. | 9.44 | 8.48 | — | — | — | — | |
| AppLovin Corp. | 43.91 | — | — | — | — | — | |
| Cadence Design Systems Inc. | 9.77 | — | — | — | — | — | |
| Datadog Inc. | 13.69 | — | — | — | — | — | |
| International Business Machines Corp. | 10.07 | — | — | — | — | — | |
| Intuit Inc. | 12.35 | — | — | — | — | — | |
| Microsoft Corp. | 2.81 | — | — | — | — | — | |
| Oracle Corp. | 5.74 | — | — | — | — | — | |
| Palantir Technologies Inc. | 49.26 | — | — | — | — | — | |
| Palo Alto Networks Inc. | 13.37 | — | — | — | — | — | |
| Salesforce Inc. | 8.64 | — | — | — | — | — | |
| ServiceNow Inc. | 7.70 | — | — | — | — | — | |
| Synopsys Inc. | 8.90 | 7.62 | — | — | — | — | |
| Workday Inc. | 4.44 | — | — | — | — | — | |
| Net Fixed Asset Turnover, Sector | |||||||
| Software & Services | 4.76 | — | — | — | — | — | |
| Net Fixed Asset Turnover, Industry | |||||||
| Information Technology | 4.76 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).
1 2021 Calculation
Net fixed asset turnover = Revenues ÷ Property, plant and equipment, net
= 15,005,400 ÷ 684,500 = 21.92
2 Click competitor name to see calculations.
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Automatic Data Processing Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Revenues | 15,005,400) | 14,589,800) | 14,175,200) | 13,325,800) | 12,379,800) | 11,667,800) | |
| Property, plant and equipment, net | 684,500) | 703,900) | 764,200) | 793,700) | 779,900) | 685,000) | |
| Operating lease right-of-use asset | 462,200) | 493,700) | —) | —) | —) | —) | |
| Property, plant and equipment, net (including operating lease, right-of-use asset) | 1,146,700) | 1,197,600) | 764,200) | 793,700) | 779,900) | 685,000) | |
| Long-term Activity Ratio | |||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 13.09 | 12.18 | 18.55 | 16.79 | 15.87 | 17.03 | |
| Benchmarks | |||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||
| Accenture PLC | 10.48 | 9.37 | — | — | — | — | |
| Adobe Inc. | 7.46 | 6.42 | — | — | — | — | |
| AppLovin Corp. | 20.75 | — | — | — | — | — | |
| Cadence Design Systems Inc. | 6.85 | — | — | — | — | — | |
| Datadog Inc. | 7.54 | — | — | — | — | — | |
| International Business Machines Corp. | 6.43 | — | — | — | — | — | |
| Intuit Inc. | 8.30 | — | — | — | — | — | |
| Microsoft Corp. | 2.37 | — | — | — | — | — | |
| Oracle Corp. | 4.20 | — | — | — | — | — | |
| Palantir Technologies Inc. | 6.21 | — | — | — | — | — | |
| Palo Alto Networks Inc. | 7.32 | — | — | — | — | — | |
| Salesforce Inc. | 3.75 | — | — | — | — | — | |
| ServiceNow Inc. | 4.34 | — | — | — | — | — | |
| Synopsys Inc. | 4.35 | 3.88 | — | — | — | — | |
| Workday Inc. | 3.11 | — | — | — | — | — | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | |||||||
| Software & Services | 3.60 | — | — | — | — | — | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | |||||||
| Information Technology | 4.04 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).
1 2021 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenues ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= 15,005,400 ÷ 1,146,700 = 13.09
2 Click competitor name to see calculations.
Total Asset Turnover
Automatic Data Processing Inc., total asset turnover calculation, comparison to benchmarks
| Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Revenues | 15,005,400) | 14,589,800) | 14,175,200) | 13,325,800) | 12,379,800) | 11,667,800) | |
| Total assets | 48,772,500) | 39,165,500) | 41,887,700) | 37,088,700) | 37,180,000) | 43,670,000) | |
| Long-term Activity Ratio | |||||||
| Total asset turnover1 | 0.31 | 0.37 | 0.34 | 0.36 | 0.33 | 0.27 | |
| Benchmarks | |||||||
| Total Asset Turnover, Competitors2 | |||||||
| Accenture PLC | 1.17 | 1.20 | — | — | — | — | |
| Adobe Inc. | 0.58 | 0.53 | — | — | — | — | |
| AppLovin Corp. | 0.45 | — | — | — | — | — | |
| Cadence Design Systems Inc. | 0.68 | — | — | — | — | — | |
| Datadog Inc. | 0.43 | — | — | — | — | — | |
| International Business Machines Corp. | 0.43 | — | — | — | — | — | |
| Intuit Inc. | 0.62 | — | — | — | — | — | |
| Microsoft Corp. | 0.50 | — | — | — | — | — | |
| Oracle Corp. | 0.31 | — | — | — | — | — | |
| Palantir Technologies Inc. | 0.47 | — | — | — | — | — | |
| Palo Alto Networks Inc. | 0.42 | — | — | — | — | — | |
| Salesforce Inc. | 0.32 | — | — | — | — | — | |
| ServiceNow Inc. | 0.55 | — | — | — | — | — | |
| Synopsys Inc. | 0.48 | 0.46 | — | — | — | — | |
| Workday Inc. | 0.50 | — | — | — | — | — | |
| Total Asset Turnover, Sector | |||||||
| Software & Services | 0.49 | — | — | — | — | — | |
| Total Asset Turnover, Industry | |||||||
| Information Technology | 0.62 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).
1 2021 Calculation
Total asset turnover = Revenues ÷ Total assets
= 15,005,400 ÷ 48,772,500 = 0.31
2 Click competitor name to see calculations.
Equity Turnover
Automatic Data Processing Inc., equity turnover calculation, comparison to benchmarks
| Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Revenues | 15,005,400) | 14,589,800) | 14,175,200) | 13,325,800) | 12,379,800) | 11,667,800) | |
| Stockholders’ equity | 5,670,100) | 5,752,200) | 5,399,900) | 3,459,600) | 3,977,000) | 4,481,600) | |
| Long-term Activity Ratio | |||||||
| Equity turnover1 | 2.65 | 2.54 | 2.63 | 3.85 | 3.11 | 2.60 | |
| Benchmarks | |||||||
| Equity Turnover, Competitors2 | |||||||
| Accenture PLC | 2.59 | 2.61 | — | — | — | — | |
| Adobe Inc. | 1.07 | 0.97 | — | — | — | — | |
| AppLovin Corp. | 1.31 | — | — | — | — | — | |
| Cadence Design Systems Inc. | 1.09 | — | — | — | — | — | |
| Datadog Inc. | 0.99 | — | — | — | — | — | |
| International Business Machines Corp. | 3.03 | — | — | — | — | — | |
| Intuit Inc. | 0.98 | — | — | — | — | — | |
| Microsoft Corp. | 1.18 | — | — | — | — | — | |
| Oracle Corp. | 7.73 | — | — | — | — | — | |
| Palantir Technologies Inc. | 0.67 | — | — | — | — | — | |
| Palo Alto Networks Inc. | 6.71 | — | — | — | — | — | |
| Salesforce Inc. | 0.51 | — | — | — | — | — | |
| ServiceNow Inc. | 1.60 | — | — | — | — | — | |
| Synopsys Inc. | 0.79 | 0.75 | — | — | — | — | |
| Workday Inc. | 1.32 | — | — | — | — | — | |
| Equity Turnover, Sector | |||||||
| Software & Services | 1.43 | — | — | — | — | — | |
| Equity Turnover, Industry | |||||||
| Information Technology | 1.77 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).
1 2021 Calculation
Equity turnover = Revenues ÷ Stockholders’ equity
= 15,005,400 ÷ 5,670,100 = 2.65
2 Click competitor name to see calculations.