Analysis of Short-term (Operating) 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.
Short-term Activity Ratios (Summary)
Intuit Inc., short-term (operating) activity ratios (quarterly data)
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)
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 | |||||||||
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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)
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)
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)
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)
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 | |||||||||
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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. |