Analysis of Short-term (Operating) Activity Ratios
Quarterly Data
Beginner level
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)
Oracle Corp., short-term (operating) activity ratios (quarterly data)
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Oracle Corp.’s receivables turnover ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Oracle Corp.’s payables turnover ratio decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Oracle Corp.’s working capital turnover ratio deteriorated from Q3 2020 to Q4 2020 but then slightly improved from Q4 2020 to Q1 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. | Oracle Corp.’s number of days of receivables outstanding deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
| 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. | Oracle Corp.’s number of days of payables outstanding increased from Q3 2020 to Q4 2020 but then slightly decreased from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
Receivables Turnover
Oracle Corp., receivables turnover calculation (quarterly data)
| Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Revenues | 9,367 | 10,440 | 9,796 | 9,614 | 9,218 | 11,137 | 9,614 | 9,562 | 9,193 | 11,252 | 9,771 | 9,621 | 9,187 | 10,893 | 9,205 | 9,035 | 8,595 | 10,594 | 9,012 | 8,993 | 8,448 | 10,705 | 9,327 | 9,598 | 8,596 | ||||||||
| Trade receivables, net of allowances for doubtful accounts | 4,576 | 5,551 | 4,162 | 4,050 | 3,820 | 5,134 | 3,993 | 3,975 | 3,729 | 5,279 | 3,902 | 3,798 | 3,591 | 5,300 | 3,721 | 3,690 | 3,407 | 5,385 | 3,844 | 3,956 | 3,475 | 5,618 | 4,178 | 4,326 | 3,551 | ||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Receivables turnover1 | 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 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Receivables Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Adobe Inc. | — | — | 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 | 7.69 | 8.65 | 7.99 | ||||||||
| Alphabet Inc. | — | — | — | 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 | 7.14 | 7.00 | 7.21 | 6.49 | — | — | — | ||||||||
| Autodesk Inc. | 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. | — | — | — | 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 | 8.04 | 7.91 | 8.42 | 7.01 | — | — | — | ||||||||
| International Business Machines Corp. | — | — | — | 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 | — | — | — | ||||||||
| Intuit Inc. | — | 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 | — | — | — | ||||||||
| Microsoft Corp. | — | 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 | — | — | — | ||||||||
| salesforce.com inc. | 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. | — | — | — | 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 | 5.86 | 6.05 | 5.78 | 4.94 | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
1 Q1 2021 Calculation
Receivables turnover
= (RevenuesQ1 2021
+ RevenuesQ4 2020
+ RevenuesQ3 2020
+ RevenuesQ2 2020)
÷ Trade receivables, net of allowances for doubtful accounts
= (9,367 + 10,440 + 9,796 + 9,614)
÷ 4,576 = 8.57
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. | Oracle Corp.’s receivables turnover ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
Payables Turnover
Oracle Corp., payables turnover calculation (quarterly data)
| Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Cost of revenues | 1,880 | 1,969 | 1,964 | 2,048 | 1,957 | 2,065 | 1,976 | 2,001 | 1,953 | 2,181 | 2,002 | 1,965 | 1,933 | 2,004 | 1,892 | 1,797 | 1,776 | 1,937 | 1,839 | 1,853 | 1,850 | 2,052 | 1,900 | 1,899 | 1,681 | ||||||||
| Accounts payable | 534 | 637 | 533 | 534 | 486 | 580 | 603 | 587 | 527 | 529 | 603 | 554 | 593 | 599 | 481 | 615 | 551 | 504 | 410 | 415 | 422 | 806 | 626 | 490 | 423 | ||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Payables turnover1 | 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 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Payables Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Adobe Inc. | — | — | 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 | 10.08 | 11.86 | 8.93 | ||||||||
| Alphabet Inc. | — | — | — | 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 | 15.02 | 18.07 | 17.67 | 14.59 | — | — | — | ||||||||
| Autodesk Inc. | 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. | — | — | — | 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 | 13.72 | 25.38 | 20.48 | 14.63 | — | — | — | ||||||||
| International Business Machines Corp. | — | — | — | 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 | — | — | — | ||||||||
| Intuit Inc. | — | 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 | — | — | — | ||||||||
| Microsoft Corp. | — | 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 | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 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 | 12.82 | 8.85 | 8.75 | 8.82 | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
1 Q1 2021 Calculation
Payables turnover
= (Cost of revenuesQ1 2021
+ Cost of revenuesQ4 2020
+ Cost of revenuesQ3 2020
+ Cost of revenuesQ2 2020)
÷ Accounts payable
= (1,880 + 1,969 + 1,964 + 2,048)
÷ 534 = 14.72
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. | Oracle Corp.’s payables turnover ratio decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
Working Capital Turnover
Oracle Corp., working capital turnover calculation (quarterly data)
| Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Current assets | 49,939 | 52,140 | 33,442 | 34,540 | 42,384 | 46,386 | 47,617 | 56,938 | 67,009 | 75,964 | 77,732 | 78,545 | 73,335 | 74,515 | 66,011 | 64,734 | 74,451 | 64,313 | 57,069 | 58,618 | 62,122 | 63,183 | 51,294 | 52,040 | 58,194 | ||||||||
| Less: Current liabilities | 18,748 | 17,200 | 15,740 | 14,592 | 18,875 | 18,630 | 17,986 | 20,315 | 19,562 | 19,195 | 17,968 | 15,494 | 20,226 | 24,178 | 15,790 | 16,347 | 15,142 | 17,208 | 11,825 | 13,754 | 15,391 | 15,291 | 13,792 | 11,985 | 13,377 | ||||||||
| Working capital | 31,191 | 34,940 | 17,702 | 19,948 | 23,509 | 27,756 | 29,631 | 36,623 | 47,447 | 56,769 | 59,764 | 63,051 | 53,109 | 50,337 | 50,221 | 48,387 | 59,309 | 47,105 | 45,244 | 44,864 | 46,731 | 47,892 | 37,502 | 40,055 | 44,817 | ||||||||
| Revenues | 9,367 | 10,440 | 9,796 | 9,614 | 9,218 | 11,137 | 9,614 | 9,562 | 9,193 | 11,252 | 9,771 | 9,621 | 9,187 | 10,893 | 9,205 | 9,035 | 8,595 | 10,594 | 9,012 | 8,993 | 8,448 | 10,705 | 9,327 | 9,598 | 8,596 | ||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||
| Working capital turnover1 | 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 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Working Capital Turnover, Competitors2 | |||||||||||||||||||||||||||||||||
| Adobe Inc. | — | — | 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 | 1.85 | 1.94 | 1.95 | ||||||||
| Alphabet Inc. | — | — | — | 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 | 1.02 | 1.06 | 1.06 | 1.06 | — | — | — | ||||||||
| 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. | — | — | — | 1.32 | 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 | 0.89 | 0.89 | 0.90 | 0.91 | — | — | — | ||||||||
| International Business Machines Corp. | — | — | — | 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 | — | — | — | ||||||||
| Intuit Inc. | — | 1.73 | 3.19 | 4.80 | 4.93 | 4.17 | 3.46 | 10.00 | 9.43 | 20.71 | 40.97 | — | — | — | — | — | — | — | — | — | — | 5.14 | — | — | — | ||||||||
| Microsoft Corp. | — | 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 | — | — | — | ||||||||
| salesforce.com inc. | 9.75 | 15.29 | 28.71 | — | — | — | — | — | 4.92 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 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 | 5.65 | 4.86 | 7.58 | 2.84 | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
1 Q1 2021 Calculation
Working capital turnover
= (RevenuesQ1 2021
+ RevenuesQ4 2020
+ RevenuesQ3 2020
+ RevenuesQ2 2020)
÷ Working capital
= (9,367 + 10,440 + 9,796 + 9,614)
÷ 31,191 = 1.26
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. | Oracle Corp.’s working capital turnover ratio deteriorated from Q3 2020 to Q4 2020 but then slightly improved from Q4 2020 to Q1 2021. |
Average Receivable Collection Period
Oracle Corp., average receivable collection period calculation (quarterly data)
| Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||
| Receivables turnover | 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 | — | — | — | ||||||||
| Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||||||
| Average receivable collection period1 | 43 | 52 | 38 | 37 | 35 | 47 | 37 | 36 | 34 | 48 | 36 | 36 | 34 | 51 | 36 | 36 | 33 | 53 | 38 | 39 | 33 | 54 | — | — | — | ||||||||
| Benchmarks (no. days) | |||||||||||||||||||||||||||||||||
| Average Receivable Collection Period, Competitors2 | |||||||||||||||||||||||||||||||||
| Adobe Inc. | — | — | 39 | 41 | 43 | 50 | 47 | 46 | 51 | 53 | 44 | 48 | 50 | 61 | 53 | 50 | 50 | 52 | 48 | 46 | 43 | 51 | 47 | 42 | 46 | ||||||||
| Alphabet Inc. | — | — | — | 47 | 48 | 57 | 49 | 52 | 49 | 56 | 50 | 50 | 52 | 60 | 53 | 51 | 50 | 57 | 51 | 52 | 51 | 56 | — | — | — | ||||||||
| Autodesk Inc. | 38 | 73 | 61 | 43 | 36 | 67 | 47 | 38 | 35 | 78 | 57 | 50 | 42 | 81 | 43 | 48 | 39 | 95 | 52 | 57 | 45 | 67 | — | — | — | ||||||||
| Facebook Inc. | — | — | — | 36 | 36 | 49 | 42 | 44 | 40 | 50 | 43 | 42 | 42 | 52 | 44 | 43 | 41 | 53 | 45 | 46 | 43 | 52 | — | — | — | ||||||||
| International Business Machines Corp. | — | — | — | 32 | 33 | 37 | 32 | 35 | 32 | 34 | 32 | 34 | 35 | 41 | 38 | 39 | 39 | 42 | 38 | 40 | 39 | 37 | — | — | — | ||||||||
| Intuit Inc. | — | 7 | 12 | 31 | 5 | 5 | 14 | 31 | 5 | 6 | 19 | 36 | 8 | 7 | 18 | 39 | 9 | 8 | 17 | 42 | 11 | 8 | — | — | — | ||||||||
| Microsoft Corp. | — | 82 | 60 | 64 | 54 | 86 | 58 | 61 | 55 | 88 | 61 | 68 | 57 | 80 | 54 | 61 | 48 | 78 | 51 | 60 | 46 | 70 | — | — | — | ||||||||
| salesforce.com inc. | 62 | 132 | 59 | 58 | 56 | 135 | 59 | 61 | 58 | 136 | 56 | 61 | 59 | 139 | 59 | 65 | 62 | 137 | 61 | 65 | 60 | 129 | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 58 | 60 | 88 | 61 | 61 | 55 | 80 | 64 | 59 | 64 | 82 | 60 | 62 | 68 | 85 | 62 | 60 | 63 | 74 | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
1 Q1 2021 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 8.57 = 43
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. | Oracle Corp.’s number of days of receivables outstanding deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |
Average Payables Payment Period
Oracle Corp., average payables payment period calculation (quarterly data)
| Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||
| Payables turnover | 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 | — | — | — | ||||||||
| Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||||||
| Average payables payment period1 | 25 | 29 | 24 | 24 | 22 | 26 | 27 | 26 | 24 | 24 | 28 | 26 | 28 | 29 | 24 | 31 | 27 | 25 | 20 | 20 | 20 | 39 | — | — | — | ||||||||
| Benchmarks (no. days) | |||||||||||||||||||||||||||||||||
| Average Payables Payment Period, Competitors2 | |||||||||||||||||||||||||||||||||
| Adobe Inc. | — | — | 48 | 61 | 56 | 46 | 43 | 42 | 40 | 57 | 48 | 40 | 46 | 41 | 34 | 32 | 81 | 39 | 38 | 35 | 34 | 46 | 36 | 31 | 41 | ||||||||
| Alphabet Inc. | — | — | — | 19 | 20 | 28 | 22 | 22 | 22 | 27 | 25 | 23 | 26 | 25 | 23 | 23 | 23 | 21 | 24 | 20 | 21 | 25 | — | — | — | ||||||||
| Autodesk Inc. | 96 | 94 | 122 | 109 | 119 | 130 | 115 | 104 | 129 | 114 | 109 | 107 | 104 | 100 | 106 | 111 | 105 | 118 | 105 | 92 | 96 | 107 | — | — | — | ||||||||
| Facebook Inc. | — | — | — | 24 | 23 | 39 | 26 | 21 | 22 | 32 | 26 | 21 | 35 | 25 | 29 | 27 | 15 | 29 | 27 | 14 | 18 | 25 | — | — | — | ||||||||
| International Business Machines Corp. | — | — | — | 44 | 38 | 44 | 36 | 42 | 50 | 56 | 45 | 46 | 48 | 55 | 47 | 45 | 46 | 54 | 46 | 49 | 47 | 54 | — | — | — | ||||||||
| Intuit Inc. | — | 81 | 105 | 131 | 82 | 86 | 125 | 137 | 74 | 66 | 128 | 145 | 98 | 71 | 123 | 121 | 78 | 89 | 130 | 140 | 89 | 96 | — | — | — | ||||||||
| Microsoft Corp. | — | 99 | 76 | 74 | 72 | 80 | 65 | 67 | 78 | 82 | 75 | 80 | 72 | 79 | 67 | 72 | 69 | 77 | 76 | 80 | 76 | 73 | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 36 | 32 | 24 | 30 | 34 | 21 | 18 | 27 | 20 | 26 | 23 | 16 | 20 | 29 | 35 | 28 | 41 | 42 | 41 | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-09-15), 10-K (filing date: 2020-06-22), 10-Q (filing date: 2020-03-13), 10-Q (filing date: 2019-12-13), 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23).
1 Q1 2021 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 14.72 = 25
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. | Oracle Corp.’s number of days of payables outstanding increased from Q3 2020 to Q4 2020 but then slightly decreased from Q4 2020 to Q1 2021 not reaching Q3 2020 level. |