Stock Analysis on Net
Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

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

Beginner level

Short-term Activity Ratios (Summary)

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

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Turnover Ratios
Receivables turnover 16.60 79.16 51.54 31.31 11.82 66.66 77.98 25.87 11.61 79.14 60.86 18.83 10.21 45.56 50.26 20.77 9.31 39.33 43.46 21.66 8.72 34.62 46.07
Payables turnover 2.82 5.25 4.52 3.48 2.78 4.45 4.26 2.92 2.67 4.92 5.49 2.86 2.51 3.74 5.15 2.96 3.01 4.66 4.09 2.80 2.60 4.11 3.82
Working capital turnover 5.45 1.74 1.73 3.19 4.80 4.93 4.17 3.46 10.00 9.43 20.71 40.97 5.14
Average No. Days
Average receivable collection period 22 5 7 12 31 5 5 14 31 5 6 19 36 8 7 18 39 9 8 17 42 11 8
Average payables payment period 129 70 81 105 131 82 86 125 137 74 66 128 145 98 71 123 121 78 89 130 140 89 96

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Intuit Inc.’s receivables turnover ratio improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Intuit Inc.’s payables turnover ratio increased from Q4 2020 to Q1 2021 but then decreased significantly from Q1 2021 to Q2 2021.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Intuit Inc.’s working capital turnover ratio improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

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. Intuit Inc.’s number of days of receivables outstanding improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Intuit Inc.’s number of days of payables outstanding decreased from Q4 2020 to Q1 2021 but then increased from Q1 2021 to Q2 2021 exceeding Q4 2020 level.

Receivables Turnover

Intuit Inc., receivables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Selected Financial Data (US$ in millions)
Net revenue 1,576  1,323  1,816  3,002  1,696  1,165  994  3,272  1,502  1,016  988  2,925  1,165  886  842  2,541  1,016  778  754  2,304  923  713  696  2,135  749  612 
Accounts receivable, net 465  99  149  219  603  104  87  262  554  77  98  309  532  116  103  245  521  121  108  214  512  124  91  210  459  140 
Short-term Activity Ratio
Receivables turnover1 16.60 79.16 51.54 31.31 11.82 66.66 77.98 25.87 11.61 79.14 60.86 18.83 10.21 45.56 50.26 20.77 9.31 39.33 43.46 21.66 8.72 34.62 46.07
Benchmarks
Receivables Turnover, Competitors2
Adobe Inc. 9.20 9.44 8.82 8.40 7.28 7.76 7.94 7.12 6.86 8.21 7.56 7.24 5.99 6.86 7.24 7.23 7.03 7.59 7.96 8.46 7.14
Alphabet Inc. 5.90 6.89 7.83 7.64 6.39 7.42 7.07 7.42 6.57 7.26 7.27 6.99 6.05 6.84 7.09 7.34 6.39
Autodesk Inc. 7.22 9.61 5.02 5.98 8.44 10.24 5.42 7.72 9.56 10.31 4.69 6.44 7.36 8.66 4.49 8.47 7.53 9.24 3.83 6.96 6.44 8.12 5.47
Facebook Inc. 7.58 9.84 10.04 10.06 7.43 8.67 8.33 9.10 7.36 8.57 8.68 8.72 6.97 8.25 8.51 8.87 6.92
International Business Machines Corp. 12.30 11.54 11.05 9.80 11.42 10.50 11.26 10.71 11.37 10.85 10.29 8.86 9.62 9.34 9.48 8.70 9.67 9.14 9.48 9.81
Microsoft Corp. 5.61 6.44 4.47 6.11 5.71 6.80 4.26 6.34 6.02 6.61 4.17 6.02 5.36 6.46 4.54 6.77 5.97 7.67 4.67 7.09 6.07 7.93 5.23
Oracle Corp. 8.91 8.57 7.04 9.55 9.77 10.35 7.69 9.92 10.01 10.68 7.55 10.12 10.24 10.67 7.12 10.06 10.09 10.92 6.88 9.67 9.47 10.96 6.80
salesforce.com inc. 5.63 5.93 2.77 6.16 6.32 6.51 2.70 6.15 5.97 6.30 2.68 6.53 5.98 6.16 2.63 6.17 5.65 5.93 2.67 5.94 5.59 6.11 2.82
ServiceNow Inc. 4.48 6.69 6.26 6.04 4.14 5.98 5.98 6.65 4.54 5.74 6.16 5.67 4.44 6.07 5.85 5.40 4.31

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

1 Q2 2021 Calculation
Receivables turnover = (Net revenueQ2 2021 + Net revenueQ1 2021 + Net revenueQ4 2020 + Net revenueQ3 2020) ÷ Accounts receivable, net
= (1,576 + 1,323 + 1,816 + 3,002) ÷ 465 = 16.60

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. Intuit Inc.’s receivables turnover ratio improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021.

Payables Turnover

Intuit Inc., payables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Selected Financial Data (US$ in millions)
Cost of revenue 367  256  322  426  340  290  281  354  285  247  231  304  246  196  183  237  206  183  171  216  199  166  176  202  188  159 
Accounts payable 486  256  305  384  455  272  274  383  400  209  178  325  343  220  157  269  258  165  184  270  286  178  190  286  273  198 
Short-term Activity Ratio
Payables turnover1 2.82 5.25 4.52 3.48 2.78 4.45 4.26 2.92 2.67 4.92 5.49 2.86 2.51 3.74 5.15 2.96 3.01 4.66 4.09 2.80 2.60 4.11 3.82
Benchmarks
Payables Turnover, Competitors2
Adobe Inc. 5.63 7.62 6.00 6.52 7.98 8.45 8.63 9.18 6.42 7.60 9.16 7.87 8.90 10.59 11.50 4.48 9.31 9.64 10.49 10.82 7.98
Alphabet Inc. 15.16 18.14 18.73 18.26 12.93 16.61 16.69 16.74 13.60 14.75 15.66 13.97 14.53 15.70 15.89 16.17 17.22
Autodesk Inc. 3.28 3.80 3.88 3.00 3.35 3.08 2.81 3.18 3.49 2.82 3.20 3.36 3.41 3.51 3.66 3.44 3.29 3.46 3.09 3.49 3.97 3.82 3.40
Facebook Inc. 12.54 13.54 15.15 16.18 9.37 14.04 17.31 16.96 11.41 13.85 17.18 10.49 14.35 12.77 13.72 24.18 12.55
International Business Machines Corp. 9.76 8.36 9.63 8.30 10.16 8.75 7.35 6.50 8.04 7.91 7.56 6.65 7.74 8.19 7.89 6.70 7.85 7.48 7.72 6.81
Microsoft Corp. 3.80 3.73 3.68 4.78 4.92 5.06 4.57 5.60 5.47 4.70 4.45 4.86 4.57 5.05 4.64 5.43 5.08 5.31 4.75 4.77 4.57 4.82 5.01
Oracle Corp. 10.71 14.72 12.46 15.07 15.07 16.46 13.78 13.45 13.86 15.37 15.28 13.11 14.07 12.86 12.47 15.39 11.95 13.44 14.84 18.52 18.45 18.25 9.34
ServiceNow Inc. 28.83 17.87 10.13 11.28 15.04 12.17 10.81 17.21 20.26 13.62 18.21 13.97 15.56 22.67 18.22 12.50 10.47

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

1 Q2 2021 Calculation
Payables turnover = (Cost of revenueQ2 2021 + Cost of revenueQ1 2021 + Cost of revenueQ4 2020 + Cost of revenueQ3 2020) ÷ Accounts payable
= (367 + 256 + 322 + 426) ÷ 486 = 2.82

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Intuit Inc.’s payables turnover ratio increased from Q4 2020 to Q1 2021 but then decreased significantly from Q1 2021 to Q2 2021.

Working Capital Turnover

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

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Selected Financial Data (US$ in millions)
Current assets 4,094  6,651  7,980  4,862  3,690  3,162  3,594  4,249  2,644  2,232  2,404  2,845  1,902  1,415  1,415  2,255  1,679  1,262  1,614  2,311  1,467  1,427  2,560  2,867  2,578  2,437 
Less: Current liabilities 2,677  2,152  3,529  2,713  2,204  1,757  1,966  2,291  2,001  1,586  2,116  2,703  3,032  2,117  1,944  2,494  2,803  2,181  2,251  2,865  2,349  1,887  1,744  2,126  2,109  1,360 
Working capital 1,417  4,499  4,451  2,149  1,486  1,405  1,628  1,958  643  646  288  142  (1,130) (702) (529) (239) (1,124) (919) (637) (554) (882) (460) 816  741  469  1,077 
 
Net revenue 1,576  1,323  1,816  3,002  1,696  1,165  994  3,272  1,502  1,016  988  2,925  1,165  886  842  2,541  1,016  778  754  2,304  923  713  696  2,135  749  612 
Short-term Activity Ratio
Working capital turnover1 5.45 1.74 1.73 3.19 4.80 4.93 4.17 3.46 10.00 9.43 20.71 40.97 5.14
Benchmarks
Working Capital Turnover, Competitors2
Adobe Inc. 4.89 5.51 8.11 9.50 16.24 3.42 2.02 1.95 1.96 2.05 2.17 2.20 1.93 1.91 1.86 1.88 1.84
Alphabet Inc. 1.55 1.48 1.58 1.56 1.51 1.42 1.34 1.37 1.35 1.32 1.31 1.19 1.11 1.06 1.06 1.01 1.02
Autodesk Inc. 16.26 5.13 22.25 7.38 3.00 2.49 2.05 1.79 1.75 1.60 2.40 1.98
Facebook Inc. 1.42 1.47 1.32 1.35 1.38 1.36 1.39 1.36 1.28 1.19 1.07 0.98 0.91 0.89 0.88 0.89 0.88
International Business Machines Corp. 40.51 49.97 107.30 25.25 2.21 5.69 7.29 7.03 7.11 5.98 6.40 6.01 8.67 12.39 10.50 11.48 8.08 6.24 9.93
Microsoft Corp. 1.44 1.37 1.30 1.24 1.25 1.20 1.19 1.15 1.11 1.06 0.99 0.94 0.90 0.86 0.94 0.93 1.16 0.86 1.06 1.03 1.03 1.26 1.25
Oracle Corp. 1.58 1.26 1.12 2.25 1.98 1.68 1.42 1.34 1.09 0.84 0.70 0.66 0.62 0.72 0.75 0.75 0.77 0.63 0.79 0.82 0.84 0.81 0.80
salesforce.com inc. 10.29 9.75 15.29 28.71 4.92
ServiceNow Inc. 5.76 3.73 8.10 43.84 46.69 30.81 13.86 10.15 7.86 5.16 4.40 5.37 6.24 2.09 1.83 5.85 5.13

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

1 Q2 2021 Calculation
Working capital turnover = (Net revenueQ2 2021 + Net revenueQ1 2021 + Net revenueQ4 2020 + Net revenueQ3 2020) ÷ Working capital
= (1,576 + 1,323 + 1,816 + 3,002) ÷ 1,417 = 5.45

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. Intuit Inc.’s working capital turnover ratio improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Average Receivable Collection Period

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

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Selected Financial Data
Receivables turnover 16.60 79.16 51.54 31.31 11.82 66.66 77.98 25.87 11.61 79.14 60.86 18.83 10.21 45.56 50.26 20.77 9.31 39.33 43.46 21.66 8.72 34.62 46.07
Short-term Activity Ratio (no. days)
Average receivable collection period1 22 5 7 12 31 5 5 14 31 5 6 19 36 8 7 18 39 9 8 17 42 11 8
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Adobe Inc. 40 39 41 43 50 47 46 51 53 44 48 50 61 53 50 50 52 48 46 43 51
Alphabet Inc. 62 53 47 48 57 49 52 49 56 50 50 52 60 53 51 50 57
Autodesk Inc. 51 38 73 61 43 36 67 47 38 35 78 57 50 42 81 43 48 39 95 52 57 45 67
Facebook Inc. 48 37 36 36 49 42 44 40 50 43 42 42 52 44 43 41 53
International Business Machines Corp. 30 32 33 37 32 35 32 34 32 34 35 41 38 39 39 42 38 40 39 37
Microsoft Corp. 65 57 82 60 64 54 86 58 61 55 88 61 68 57 80 54 61 48 78 51 60 46 70
Oracle Corp. 41 43 52 38 37 35 47 37 36 34 48 36 36 34 51 36 36 33 53 38 39 33 54
salesforce.com inc. 65 62 132 59 58 56 135 59 61 58 136 56 61 59 139 59 65 62 137 61 65 60 129
ServiceNow Inc. 82 55 58 60 88 61 61 55 80 64 59 64 82 60 62 68 85

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

1 Q2 2021 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 16.60 = 22

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. Intuit Inc.’s number of days of receivables outstanding improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021.

Average Payables Payment Period

Intuit Inc., average payables payment period calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Selected Financial Data
Payables turnover 2.82 5.25 4.52 3.48 2.78 4.45 4.26 2.92 2.67 4.92 5.49 2.86 2.51 3.74 5.15 2.96 3.01 4.66 4.09 2.80 2.60 4.11 3.82
Short-term Activity Ratio (no. days)
Average payables payment period1 129 70 81 105 131 82 86 125 137 74 66 128 145 98 71 123 121 78 89 130 140 89 96
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Adobe Inc. 65 48 61 56 46 43 42 40 57 48 40 46 41 34 32 81 39 38 35 34 46
Alphabet Inc. 24 20 19 20 28 22 22 22 27 25 23 26 25 23 23 23 21
Autodesk Inc. 111 96 94 122 109 119 130 115 104 129 114 109 107 104 100 106 111 105 118 105 92 96 107
Facebook Inc. 29 27 24 23 39 26 21 22 32 26 21 35 25 29 27 15 29
International Business Machines Corp. 37 44 38 44 36 42 50 56 45 46 48 55 47 45 46 54 46 49 47 54
Microsoft Corp. 96 98 99 76 74 72 80 65 67 78 82 75 80 72 79 67 72 69 77 76 80 76 73
Oracle Corp. 34 25 29 24 24 22 26 27 26 24 24 28 26 28 29 24 31 27 25 20 20 20 39
ServiceNow Inc. 13 20 36 32 24 30 34 21 18 27 20 26 23 16 20 29 35

Based on: 10-Q (filing date: 2021-02-23), 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

1 Q2 2021 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 2.82 = 129

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Intuit Inc.’s number of days of payables outstanding decreased from Q4 2020 to Q1 2021 but then increased from Q1 2021 to Q2 2021 exceeding Q4 2020 level.