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)
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | ServiceNow Inc. net fixed asset turnover ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | ServiceNow Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | ServiceNow Inc. total asset turnover ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | ServiceNow Inc. equity turnover ratio improved from Q2 2023 to Q3 2023 but then slightly deteriorated from Q3 2023 to Q4 2023. |
Net Fixed Asset Turnover
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 2,437) | 2,288) | 2,150) | 2,096) | 1,940) | 1,831) | 1,752) | 1,722) | 1,615) | 1,512) | 1,409) | 1,360) | 1,250) | 1,152) | 1,071) | 1,046) | 952) | 886) | 834) | 789) | ||||||
Property and equipment, net | 1,358) | 1,199) | 1,148) | 1,117) | 1,053) | 914) | 876) | 798) | 766) | 740) | 732) | 693) | 660) | 564) | 547) | 471) | 468) | 401) | 364) | 351) | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Net fixed asset turnover1 | 6.61 | 7.07 | 6.98 | 6.82 | 6.88 | 7.57 | 7.54 | 7.84 | 7.70 | 7.47 | 7.06 | 6.97 | 6.85 | 7.48 | 7.23 | 7.89 | 7.39 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||
Accenture PLC | 41.90 | 41.40 | 40.46 | 38.17 | 37.12 | 35.78 | 34.22 | 32.49 | 30.83 | 31.16 | 30.44 | 29.69 | 28.68 | 30.82 | 31.33 | 31.71 | 31.06 | 31.90 | 33.16 | 33.91 | ||||||
Adobe Inc. | 9.56 | 9.28 | 9.07 | 9.15 | 9.23 | 9.25 | 9.33 | 9.48 | 9.44 | 9.27 | 9.15 | 8.94 | 8.48 | 8.48 | 8.68 | 8.70 | 8.64 | 8.56 | 8.38 | 8.65 | ||||||
International Business Machines Corp. | 11.25 | 11.39 | 11.12 | 11.34 | 11.35 | 11.75 | 11.31 | 10.50 | 10.07 | 6.68 | 6.93 | 7.33 | 7.33 | 7.53 | 7.78 | 7.95 | 7.71 | — | — | — | ||||||
Intuit Inc. | 14.83 | 15.00 | 14.70 | 14.38 | 14.33 | 15.00 | 13.74 | 13.08 | 12.35 | 11.24 | 9.74 | 10.55 | 10.46 | 9.20 | 9.40 | 8.97 | 8.70 | 8.48 | 7.94 | 7.57 | ||||||
Microsoft Corp. | 2.22 | 2.36 | 2.47 | 2.64 | 2.66 | 2.74 | 2.75 | 2.76 | 2.81 | 2.91 | 2.96 | 3.07 | 3.24 | 3.36 | 3.31 | 3.38 | 3.45 | 3.63 | 3.62 | 3.66 | ||||||
Oracle Corp. | 2.93 | 2.93 | 3.21 | 3.60 | 4.37 | 4.86 | 5.16 | 5.37 | 5.74 | 5.82 | 5.95 | 6.13 | 6.26 | 6.36 | 6.31 | 6.31 | 6.32 | 6.39 | 6.63 | 6.73 | ||||||
Palo Alto Networks Inc. | 19.44 | 18.99 | 17.86 | 16.45 | 15.38 | 14.54 | 13.39 | 14.05 | 13.37 | 12.36 | 11.44 | 10.60 | 9.79 | 9.14 | 10.02 | 9.53 | 9.80 | 10.01 | 9.49 | 8.77 | ||||||
Salesforce Inc. | 8.47 | 8.62 | 8.69 | 9.74 | 9.41 | 9.03 | 8.68 | 8.98 | 8.64 | 7.91 | 7.67 | 7.24 | 7.20 | 6.70 | 6.45 | 6.25 | 6.48 | — | — | — | ||||||
Synopsys Inc. | 10.48 | 10.31 | 9.68 | 10.01 | 10.51 | 10.17 | 9.68 | 9.43 | 8.90 | 8.67 | 8.32 | 7.85 | 7.62 | 7.25 | 7.23 | 7.38 | 7.82 | 8.87 | 9.39 | 9.98 |
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Net fixed asset turnover
= (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
÷ Property and equipment, net
= (2,437 + 2,288 + 2,150 + 2,096)
÷ 1,358 = 6.61
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | ServiceNow Inc. net fixed asset turnover ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
ServiceNow Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 2,437) | 2,288) | 2,150) | 2,096) | 1,940) | 1,831) | 1,752) | 1,722) | 1,615) | 1,512) | 1,409) | 1,360) | 1,250) | 1,152) | 1,071) | 1,046) | 952) | 886) | 834) | 789) | ||||||
Property and equipment, net | 1,358) | 1,199) | 1,148) | 1,117) | 1,053) | 914) | 876) | 798) | 766) | 740) | 732) | 693) | 660) | 564) | 547) | 471) | 468) | 401) | 364) | 351) | ||||||
Operating lease right-of-use assets | 715) | 699) | 656) | 682) | 682) | 581) | 604) | 583) | 591) | 606) | 466) | 455) | 454) | 458) | 463) | 465) | 402) | 405) | 398) | 394) | ||||||
Property and equipment, net (including operating lease, right-of-use asset) | 2,073) | 1,898) | 1,804) | 1,799) | 1,735) | 1,495) | 1,480) | 1,381) | 1,357) | 1,346) | 1,198) | 1,148) | 1,114) | 1,022) | 1,010) | 936) | 871) | 806) | 762) | 744) | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Net fixed asset turnover (including operating lease, right-of-use asset)1 | 4.33 | 4.46 | 4.44 | 4.24 | 4.18 | 4.63 | 4.46 | 4.53 | 4.34 | 4.11 | 4.32 | 4.21 | 4.06 | 4.13 | 3.91 | 3.97 | 3.98 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||||||||||||||||||||||
Accenture PLC | 15.38 | 14.85 | 14.14 | 13.47 | 13.17 | 12.30 | 11.56 | 11.17 | 10.48 | 10.27 | 9.83 | 9.71 | 9.37 | 9.54 | 9.69 | 9.68 | 31.06 | 31.90 | 33.16 | 33.91 | ||||||
Adobe Inc. | 8.13 | 7.84 | 7.61 | 7.60 | 7.61 | 7.57 | 7.52 | 7.55 | 7.46 | 7.26 | 7.08 | 6.82 | 6.42 | 6.30 | 6.42 | 6.32 | 8.64 | 8.56 | 8.38 | 8.65 | ||||||
International Business Machines Corp. | 7.09 | 7.21 | 7.48 | 7.45 | 7.37 | 7.67 | 7.35 | 6.73 | 6.43 | 4.56 | 4.73 | 4.97 | 5.00 | 5.11 | 5.21 | 5.28 | 5.14 | — | — | — | ||||||
Intuit Inc. | 9.99 | 9.89 | 9.51 | 9.11 | 8.86 | 10.03 | 8.99 | 8.64 | 8.30 | 7.66 | 6.52 | 8.04 | 8.00 | 7.11 | 6.76 | 6.42 | 8.70 | 8.48 | 7.94 | 7.57 | ||||||
Microsoft Corp. | 1.93 | 2.03 | 2.12 | 2.25 | 2.26 | 2.31 | 2.32 | 2.34 | 2.37 | 2.44 | 2.47 | 2.58 | 2.70 | 2.79 | 2.74 | 2.80 | 2.87 | 3.00 | 3.00 | 3.01 | ||||||
Palo Alto Networks Inc. | 11.16 | 11.00 | 10.33 | 9.47 | 9.17 | 8.68 | 8.08 | 7.91 | 7.32 | 6.86 | 6.49 | 6.08 | 5.62 | 5.26 | 5.37 | 5.03 | 9.80 | 10.01 | 9.49 | 8.77 | ||||||
Salesforce Inc. | 4.76 | 4.72 | 4.80 | 4.83 | 4.65 | 4.40 | 4.03 | 4.02 | 3.75 | 3.67 | 3.52 | 3.31 | 3.16 | 2.87 | 2.84 | 2.75 | 6.48 | — | — | — | ||||||
Synopsys Inc. | 5.19 | 4.98 | 4.71 | 4.69 | 4.87 | 4.66 | 4.42 | 4.70 | 4.35 | 4.23 | 4.05 | 4.03 | 3.88 | 3.67 | 3.64 | 3.68 | 7.82 | 8.87 | 9.39 | 9.98 |
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
÷ Property and equipment, net (including operating lease, right-of-use asset)
= (2,437 + 2,288 + 2,150 + 2,096)
÷ 2,073 = 4.33
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | ServiceNow Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Total Asset Turnover
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 2,437) | 2,288) | 2,150) | 2,096) | 1,940) | 1,831) | 1,752) | 1,722) | 1,615) | 1,512) | 1,409) | 1,360) | 1,250) | 1,152) | 1,071) | 1,046) | 952) | 886) | 834) | 789) | ||||||
Total assets | 17,387) | 15,091) | 14,923) | 13,614) | 13,299) | 11,106) | 11,102) | 10,993) | 10,798) | 9,478) | 9,187) | 8,822) | 8,715) | 7,705) | 6,521) | 6,197) | 6,022) | 4,757) | 4,603) | 4,399) | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Total asset turnover1 | 0.52 | 0.56 | 0.54 | 0.56 | 0.54 | 0.62 | 0.59 | 0.57 | 0.55 | 0.58 | 0.56 | 0.55 | 0.52 | 0.55 | 0.61 | 0.60 | 0.57 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||
Accenture PLC | 1.25 | 1.27 | 1.32 | 1.32 | 1.30 | 1.29 | 1.28 | 1.23 | 1.17 | 1.14 | 1.14 | 1.17 | 1.20 | 1.27 | 1.33 | 1.33 | 1.45 | 1.52 | 1.55 | 1.58 | ||||||
Adobe Inc. | 0.65 | 0.65 | 0.66 | 0.67 | 0.65 | 0.64 | 0.63 | 0.62 | 0.58 | 0.58 | 0.56 | 0.55 | 0.53 | 0.55 | 0.56 | 0.55 | 0.54 | 0.53 | 0.51 | 0.49 | ||||||
International Business Machines Corp. | 0.46 | 0.47 | 0.46 | 0.45 | 0.48 | 0.48 | 0.47 | 0.44 | 0.43 | 0.42 | 0.44 | 0.47 | 0.47 | 0.49 | 0.49 | 0.50 | 0.51 | — | — | — | ||||||
Intuit Inc. | 0.52 | 0.49 | 0.50 | 0.49 | 0.46 | 0.45 | 0.43 | 0.69 | 0.62 | 0.56 | 0.53 | 0.81 | 0.70 | 0.88 | 1.06 | 1.12 | 1.08 | 0.98 | 1.21 | 1.24 | ||||||
Microsoft Corp. | 0.51 | 0.55 | 0.56 | 0.56 | 0.54 | 0.56 | 0.54 | 0.53 | 0.50 | 0.52 | 0.50 | 0.49 | 0.47 | 0.49 | 0.47 | 0.47 | 0.44 | 0.46 | 0.46 | 0.45 | ||||||
Oracle Corp. | 0.37 | 0.36 | 0.36 | 0.34 | 0.39 | 0.39 | 0.39 | 0.33 | 0.31 | 0.34 | 0.36 | 0.35 | 0.34 | 0.41 | 0.40 | 0.37 | 0.36 | 0.36 | 0.34 | 0.31 | ||||||
Palo Alto Networks Inc. | 0.48 | 0.46 | 0.47 | 0.46 | 0.45 | 0.47 | 0.47 | 0.44 | 0.42 | 0.42 | 0.40 | 0.41 | 0.38 | 0.50 | 0.43 | 0.44 | 0.44 | 0.44 | 0.45 | 0.42 | ||||||
Salesforce Inc. | 0.32 | 0.33 | 0.31 | 0.30 | 0.28 | 0.29 | 0.27 | 0.34 | 0.32 | 0.34 | 0.34 | 0.34 | 0.31 | 0.32 | 0.44 | 0.42 | 0.43 | — | — | — | ||||||
Synopsys Inc. | 0.57 | 0.56 | 0.54 | 0.54 | 0.54 | 0.53 | 0.52 | 0.51 | 0.48 | 0.48 | 0.48 | 0.48 | 0.46 | 0.46 | 0.46 | 0.47 | 0.52 | 0.54 | 0.52 | 0.50 |
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Total asset turnover
= (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
÷ Total assets
= (2,437 + 2,288 + 2,150 + 2,096)
÷ 17,387 = 0.52
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | ServiceNow Inc. total asset turnover ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Equity Turnover
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 2,437) | 2,288) | 2,150) | 2,096) | 1,940) | 1,831) | 1,752) | 1,722) | 1,615) | 1,512) | 1,409) | 1,360) | 1,250) | 1,152) | 1,071) | 1,046) | 952) | 886) | 834) | 789) | ||||||
Stockholders’ equity | 7,628) | 7,182) | 6,926) | 5,600) | 5,032) | 4,523) | 4,194) | 3,997) | 3,695) | 3,534) | 3,275) | 3,037) | 2,834) | 2,674) | 2,479) | 2,266) | 2,128) | 1,429) | 1,261) | 1,195) | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Equity turnover1 | 1.18 | 1.18 | 1.16 | 1.36 | 1.44 | 1.53 | 1.57 | 1.57 | 1.60 | 1.57 | 1.58 | 1.59 | 1.59 | 1.58 | 1.60 | 1.64 | 1.63 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Equity Turnover, Competitors2 | ||||||||||||||||||||||||||
Accenture PLC | 2.50 | 2.51 | 2.66 | 2.72 | 2.79 | 2.79 | 2.76 | 2.64 | 2.59 | 2.48 | 2.49 | 2.50 | 2.61 | 2.78 | 2.89 | 2.90 | 3.00 | 3.12 | 3.19 | 3.32 | ||||||
Adobe Inc. | 1.18 | 1.20 | 1.24 | 1.27 | 1.25 | 1.20 | 1.19 | 1.17 | 1.07 | 1.05 | 1.04 | 1.01 | 0.97 | 1.06 | 1.11 | 1.11 | 1.06 | 1.04 | 1.02 | 0.97 | ||||||
International Business Machines Corp. | 2.75 | 2.65 | 2.73 | 2.80 | 2.76 | 3.02 | 3.07 | 3.06 | 3.03 | 2.75 | 2.98 | 3.24 | 3.57 | 3.54 | 3.67 | 3.83 | 3.70 | — | — | — | ||||||
Intuit Inc. | 0.83 | 0.80 | 0.86 | 0.83 | 0.77 | 0.76 | 0.73 | 1.06 | 0.98 | 0.89 | 0.87 | 1.49 | 1.50 | 1.45 | 1.91 | 1.91 | 1.81 | 1.67 | 2.30 | 2.19 | ||||||
Microsoft Corp. | 1.03 | 1.07 | 1.11 | 1.17 | 1.19 | 1.18 | 1.16 | 1.16 | 1.18 | 1.19 | 1.18 | 1.19 | 1.21 | 1.21 | 1.22 | 1.22 | 1.23 | 1.29 | 1.29 | 1.34 | ||||||
Oracle Corp. | 46.56 | — | — | — | — | — | — | — | 7.73 | 4.46 | 4.98 | 4.13 | 3.24 | 2.79 | 2.54 | 2.14 | 1.81 | 1.67 | 1.30 | 1.05 | ||||||
Palo Alto Networks Inc. | 3.94 | 5.27 | 8.44 | 11.45 | 26.20 | 15.31 | 41.24 | 8.78 | 6.71 | 4.00 | 3.65 | 4.80 | 3.09 | 4.38 | 1.94 | 1.99 | 1.83 | 1.89 | 2.42 | 1.93 | ||||||
Salesforce Inc. | 0.54 | 0.51 | 0.49 | 0.47 | 0.46 | 0.44 | 0.42 | 0.53 | 0.51 | 0.50 | 0.50 | 0.53 | 0.50 | 0.48 | 0.86 | 0.85 | 0.85 | — | — | — | ||||||
Synopsys Inc. | 0.95 | 0.93 | 0.91 | 0.92 | 0.92 | 0.88 | 0.86 | 0.84 | 0.79 | 0.79 | 0.78 | 0.78 | 0.75 | 0.76 | 0.80 | 0.81 | 0.82 | 0.84 | 0.83 | 0.84 |
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Equity turnover
= (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
÷ Stockholders’ equity
= (2,437 + 2,288 + 2,150 + 2,096)
÷ 7,628 = 1.18
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | ServiceNow Inc. equity turnover ratio improved from Q2 2023 to Q3 2023 but then slightly deteriorated from Q3 2023 to Q4 2023. |