Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Salesforce Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020 Jan 31, 2019
Net income 4,136 208 1,444 4,072 126 1,110
Depreciation and amortization 3,959 3,786 3,298 2,846 2,135 982
Amortization of costs capitalized to obtain revenue contracts, net 1,925 1,668 1,348 1,058 876 737
Stock-based compensation expense 2,787 3,279 2,779 2,190 1,785 1,283
Loss on settlement of Salesforce.org reseller agreement 166
(Gains) losses on strategic investments, net 277 239 (1,211) (2,170) (427) (542)
Tax benefit from intra-entity transfer of intangible property (2,003)
Accounts receivable, net (659) (995) (1,824) (1,556) (1,000) (923)
Costs capitalized to obtain revenue contracts, net (1,872) (2,345) (2,283) (1,645) (1,130) (981)
Prepaid expenses and other current assets and other assets (843) (302) 114 (133) (119) (58)
Accounts payable and accrued expenses and other liabilities (478) 528 507 1,100 982 287
Operating lease liabilities (621) (699) (801) (830) (728)
Unearned revenue 1,623 1,744 2,629 1,872 1,665 1,503
Changes in assets and liabilities, net of business combinations (2,850) (2,069) (1,658) (1,192) (330) (172)
Adjustments to reconcile net income to net cash provided by operating activities 6,098 6,903 4,556 729 4,205 2,288
Net cash provided by operating activities 10,234 7,111 6,000 4,801 4,331 3,398
Business combinations, net of cash acquired (82) (439) (14,876) (1,281) (369) (5,115)
Purchases of strategic investments (496) (550) (1,718) (1,069) (768) (362)
Sales of strategic investments 108 355 2,201 1,051 434 260
Purchases of marketable securities (3,761) (4,777) (5,674) (4,833) (3,857) (1,068)
Sales of marketable securities 1,511 1,771 4,179 1,836 1,444 1,426
Maturities of marketable securities 2,129 2,449 2,069 1,035 779 146
Capital expenditures (736) (798) (717) (710) (643) (595)
Net cash used in investing activities (1,327) (1,989) (14,536) (3,971) (2,980) (5,308)
Proceeds from issuance of debt, net of issuance costs 7,906 (20) 2,966
Repayments of Slack Convertible Notes, net of capped call proceeds (1,197)
Repurchases of common stock (7,620) (4,000)
Proceeds from employee stock plans 1,954 861 1,289 1,321 840 704
Principal payments on financing obligations (629) (419) (156) (103) (173) (131)
Repayments of debt (1,182) (4) (4) (4) (503) (1,529)
Net cash provided by (used in) financing activities (7,477) (3,562) 7,838 1,194 164 2,010
Effect of exchange rate changes 26 (8) (33) 26 (39) 26
Net increase (decrease) in cash and cash equivalents 1,456 1,552 (731) 2,050 1,476 126
Cash and cash equivalents, beginning of period 7,016 5,464 6,195 4,145 2,669 2,543
Cash and cash equivalents, end of period 8,472 7,016 5,464 6,195 4,145 2,669

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Salesforce Inc. net cash provided by operating activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Salesforce Inc. net cash used in investing activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Salesforce Inc. net cash provided by (used in) financing activities decreased from 2022 to 2023 and from 2023 to 2024.