Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

ServiceNow Inc. (NYSE:NOW)

Analysis of Long-term (Investment) 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.

Long-term Activity Ratios (Summary)

ServiceNow Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Net fixed asset turnover 6.97 6.85 7.48 7.23 7.89 7.39 8.04 8.27 8.01 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 — — —
Net fixed asset turnover (including operating lease, right-of-use asset) 4.21 4.06 4.13 3.91 3.97 3.98 4.00 3.95 3.77 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 — — —
Total asset turnover 0.55 0.52 0.55 0.61 0.60 0.57 0.68 0.65 0.64 0.67 0.68 0.65 0.57 0.57 0.58 0.56 0.69 0.68 — — —
Equity turnover 1.59 1.59 1.58 1.60 1.64 1.63 2.26 2.39 2.35 2.35 2.39 2.54 2.43 3.31 3.21 3.38 3.51 3.59 — — —

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-03), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-08), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-06), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-28), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-06).

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.’s net fixed asset turnover ratio deteriorated from Q3 2020 to Q4 2020 but then slightly improved from Q4 2020 to Q1 2021.
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.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. ServiceNow Inc.’s total asset turnover ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. ServiceNow Inc.’s equity turnover ratio improved from Q3 2020 to Q4 2020 but then slightly deteriorated from Q4 2020 to Q1 2021.

Net Fixed Asset Turnover

ServiceNow Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Revenues 1,360  1,250  1,152  1,071  1,046  952  886  834  789  715  673  631  589  546  498  472  417  386  358  341  306 
Property and equipment, net 693  660  564  547  471  468  401  364  351  347  297  287  267  245  231  214  190  182  176  167  154 
Long-term Activity Ratio
Net fixed asset turnover1 6.97 6.85 7.48 7.23 7.89 7.39 8.04 8.27 8.01 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 — — —
Benchmarks
Net Fixed Asset Turnover, Competitors2
Accenture PLC 29.69 28.68 30.82 31.33 31.71 31.06 31.90 33.16 33.91 32.91 33.04 32.70 32.63 32.23 34.67 36.87 38.04 36.38 38.70 39.12 41.09
Adobe Inc. 8.94 8.48 8.48 8.68 8.70 8.64 8.56 8.38 8.65 8.40 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38
Autodesk Inc. 20.86 20.25 20.54 19.36 17.99 17.17 16.49 15.26 13.47 14.18 13.38 12.78 13.33 12.81 13.07 13.36 13.55 14.79 — — —
Automatic Data Processing Inc. 20.76 20.73 19.80 19.06 18.70 18.55 18.28 17.91 17.23 16.79 16.45 15.99 15.67 15.87 16.27 16.44 16.93 17.03 17.14 16.54 16.30
Fidelity National Information Services Inc. 14.71 14.15 13.76 13.76 13.05 11.48 11.29 15.56 15.13 14.35 15.72 15.62 15.38 14.96 16.04 16.01 15.27 14.76 — — —
International Business Machines Corp. 7.81 7.33 7.53 7.78 7.95 7.71 7.66 7.63 7.37 7.38 7.34 7.33 7.10 7.12 7.09 7.19 7.31 7.38 — — —
Intuit Inc. 10.55 10.46 9.20 9.40 8.97 8.70 8.48 7.94 7.57 7.34 6.12 5.52 5.20 5.03 4.89 4.63 4.55 4.55 4.69 4.56 6.12
Mastercard Inc. 8.35 8.04 8.26 8.67 8.94 9.24 10.91 11.65 11.69 16.23 16.50 16.23 15.90 15.07 13.25 13.52 14.79 14.70 — — —
Microsoft Corp. 3.07 3.24 3.36 3.31 3.38 3.45 3.63 3.62 3.66 3.75 3.71 3.76 3.79 3.79 3.97 4.01 4.44 4.65 5.16 5.58 6.03
Oracle Corp. 6.13 6.26 6.36 6.31 6.31 6.32 6.39 6.63 6.73 6.75 6.69 6.63 6.86 7.10 7.38 7.63 9.05 9.26 — — —
PayPal Holdings Inc. 12.66 11.87 11.55 11.19 11.09 10.50 10.02 9.50 9.18 8.96 9.09 9.27 9.06 8.57 8.30 7.95 7.79 7.32 — — —
salesforce.com inc. 7.24 7.20 6.70 6.45 6.25 6.48 6.27 5.95 5.69 5.38 5.32 5.03 4.80 4.69 4.50 4.32 4.13 3.89 — — —
Visa Inc. 7.92 7.98 8.33 8.60 8.59 8.53 8.74 8.82 8.72 8.34 8.39 8.18 8.38 8.15 8.07 7.89 7.26 7.01 — — —

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-03), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-08), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-06), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-28), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-06).

1 Q1 2021 Calculation
Net fixed asset turnover = (RevenuesQ1 2021 + RevenuesQ4 2020 + RevenuesQ3 2020 + RevenuesQ2 2020) ÷ Property and equipment, net
= (1,360 + 1,250 + 1,152 + 1,071) ÷ 693 = 6.97

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.’s net fixed asset turnover ratio deteriorated from Q3 2020 to Q4 2020 but then slightly improved from Q4 2020 to Q1 2021.

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)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Revenues 1,360  1,250  1,152  1,071  1,046  952  886  834  789  715  673  631  589  546  498  472  417  386  358  341  306 
 
Property and equipment, net 693  660  564  547  471  468  401  364  351  347  297  287  267  245  231  214  190  182  176  167  154 
Operating lease right-of-use assets 455  454  458  463  465  402  405  398  394  —  —  —  —  —  —  —  —  —  —  —  — 
Property and equipment, net (including operating lease, right-of-use asset) 1,148  1,114  1,022  1,010  936  871  806  762  744  347  297  287  267  245  231  214  190  182  176  167  154 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 4.21 4.06 4.13 3.91 3.97 3.98 4.00 3.95 3.77 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 — — —
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Accenture PLC 9.71 9.37 9.54 9.69 9.68 31.06 31.90 33.16 33.91 32.91 33.04 32.70 32.63 32.23 34.67 36.87 38.04 36.38 38.70 39.12 41.09
Adobe Inc. 6.82 6.42 6.30 6.42 6.32 8.64 8.56 8.38 8.65 8.40 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38
Autodesk Inc. 5.82 5.45 7.18 6.51 5.94 17.17 16.49 15.26 13.47 14.18 13.38 12.78 13.33 12.81 13.07 13.36 13.55 14.79 — — —
Automatic Data Processing Inc. 12.34 12.18 11.64 11.50 11.29 18.55 18.28 17.91 17.23 16.79 16.45 15.99 15.67 15.87 16.27 16.44 16.93 17.03 17.14 16.54 16.30
International Business Machines Corp. 5.29 5.00 5.11 5.21 5.28 5.14 5.15 5.12 5.14 7.38 7.34 7.33 7.10 7.12 7.09 7.19 7.31 7.38 — — —
Intuit Inc. 8.04 8.00 7.11 6.76 6.42 8.70 8.48 7.94 7.57 7.34 6.12 5.52 5.20 5.03 4.89 4.63 4.55 4.55 4.69 4.56 6.12
Microsoft Corp. 2.58 2.70 2.79 2.74 2.80 2.87 3.00 3.00 3.01 3.05 2.98 2.99 2.97 3.79 3.97 4.01 4.44 4.65 5.16 5.58 6.03
salesforce.com inc. 3.31 3.16 2.87 2.84 2.75 6.48 6.27 5.95 5.69 5.38 5.32 5.03 4.80 4.69 4.50 4.32 4.13 3.89 — — —

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-03), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-08), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-06), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-28), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-06).

1 Q1 2021 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (RevenuesQ1 2021 + RevenuesQ4 2020 + RevenuesQ3 2020 + RevenuesQ2 2020) ÷ Property and equipment, net (including operating lease, right-of-use asset)
= (1,360 + 1,250 + 1,152 + 1,071) ÷ 1,148 = 4.21

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.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.

Total Asset Turnover

ServiceNow Inc., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Revenues 1,360  1,250  1,152  1,071  1,046  952  886  834  789  715  673  631  589  546  498  472  417  386  358  341  306 
Total assets 8,822  8,715  7,705  6,521  6,197  6,022  4,757  4,603  4,399  3,879  3,581  3,473  3,704  3,398  3,070  2,924  2,170  2,034  1,813  1,714  1,874 
Long-term Activity Ratio
Total asset turnover1 0.55 0.52 0.55 0.61 0.60 0.57 0.68 0.65 0.64 0.67 0.68 0.65 0.57 0.57 0.58 0.56 0.69 0.68 — — —
Benchmarks
Total Asset Turnover, Competitors2
Accenture PLC 1.17 1.20 1.27 1.33 1.33 1.45 1.52 1.55 1.58 1.70 1.75 1.69 1.65 1.62 1.71 1.78 1.73 1.69 1.78 1.85 1.84
Adobe Inc. 0.55 0.53 0.55 0.56 0.55 0.54 0.53 0.51 0.49 0.48 0.56 0.54 0.51 0.50 0.50 0.49 0.47 0.46 0.45 0.43 0.43
Autodesk Inc. 0.62 0.53 0.62 0.60 0.57 0.54 0.63 0.58 0.54 0.50 0.48 0.45 0.45 0.42 0.46 0.46 0.46 0.45 — — —
Automatic Data Processing Inc. 0.34 0.37 0.34 0.30 0.38 0.34 0.29 0.36 0.36 0.36 0.30 0.29 0.35 0.33 0.28 0.30 0.35 0.27 0.22 0.28 0.32
Fidelity National Information Services Inc. 0.15 0.15 0.15 0.15 0.14 0.12 0.11 0.26 0.35 0.35 0.36 0.36 0.37 0.37 0.38 0.37 0.37 0.35 — — —
International Business Machines Corp. 0.50 0.47 0.49 0.49 0.50 0.51 0.52 0.50 0.60 0.65 0.66 0.66 0.64 0.63 0.64 0.65 0.68 0.68 — — —
Intuit Inc. 0.81 0.70 0.88 1.06 1.12 1.08 0.98 1.21 1.24 1.15 1.01 1.11 1.30 1.27 1.02 1.11 1.21 1.10 0.94 1.03 1.12
Mastercard Inc. 0.44 0.46 0.49 0.51 0.55 0.58 0.63 0.64 0.65 0.60 0.62 0.62 0.58 0.59 0.57 0.58 0.60 0.58 — — —
Microsoft Corp. 0.49 0.47 0.49 0.47 0.47 0.44 0.46 0.46 0.45 0.43 0.42 0.39 0.38 0.37 0.39 0.38 0.40 0.44 0.48 0.49 0.52
Oracle Corp. 0.35 0.34 0.41 0.40 0.37 0.36 0.36 0.34 0.31 0.29 0.29 0.28 0.29 0.28 0.30 0.30 0.30 0.33 — — —
PayPal Holdings Inc. 0.32 0.30 0.31 0.30 0.34 0.35 0.34 0.34 0.34 0.36 0.34 0.35 0.33 0.32 0.33 0.33 0.34 0.33 — — —
salesforce.com inc. 0.34 0.31 0.32 0.44 0.42 0.43 0.47 0.46 0.48 0.50 0.57 0.54 0.52 0.48 0.55 0.52 0.55 0.52 — — —
Visa Inc. 0.27 0.27 0.29 0.33 0.31 0.32 0.32 0.31 0.30 0.30 0.29 0.28 0.28 0.27 0.28 0.27 0.25 0.24 — — —

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-03), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-08), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-06), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-28), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-06).

1 Q1 2021 Calculation
Total asset turnover = (RevenuesQ1 2021 + RevenuesQ4 2020 + RevenuesQ3 2020 + RevenuesQ2 2020) ÷ Total assets
= (1,360 + 1,250 + 1,152 + 1,071) ÷ 8,822 = 0.55

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.’s total asset turnover ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.

Equity Turnover

ServiceNow Inc., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Revenues 1,360  1,250  1,152  1,071  1,046  952  886  834  789  715  673  631  589  546  498  472  417  386  358  341  306 
Stockholders’ equity 3,037  2,834  2,674  2,479  2,266  2,128  1,429  1,261  1,195  1,111  1,020  892  865  584  551  482  427  387  363  324  302 
Long-term Activity Ratio
Equity turnover1 1.59 1.59 1.58 1.60 1.64 1.63 2.26 2.39 2.35 2.35 2.39 2.54 2.43 3.31 3.21 3.38 3.51 3.59 — — —
Benchmarks
Equity Turnover, Competitors2
Accenture PLC 2.50 2.61 2.78 2.89 2.90 3.00 3.12 3.19 3.32 4.01 4.14 4.04 4.15 4.11 4.42 4.48 4.76 4.61 4.80 4.92 5.60
Adobe Inc. 1.01 0.97 1.06 1.11 1.11 1.06 1.04 1.02 0.97 0.96 0.97 0.93 0.89 0.86 0.84 0.84 0.81 0.79 0.76 0.73 0.72
Autodesk Inc. — — — — — — — — — — 18.47 6.20 3.95 2.77 2.07 1.74 1.65 1.55 — — —
Automatic Data Processing Inc. 2.51 2.54 2.68 2.71 2.68 2.63 2.67 2.91 2.90 3.85 3.24 3.25 3.17 3.11 2.98 3.16 2.79 2.60 2.55 2.67 2.39
Fidelity National Information Services Inc. 0.26 0.25 0.26 0.25 0.23 0.21 0.19 0.84 0.85 0.82 0.85 0.83 0.85 0.84 0.93 0.95 0.94 0.95 — — —
International Business Machines Corp. 3.45 3.57 3.54 3.67 3.83 3.70 4.30 4.41 4.78 4.74 4.06 4.36 4.41 4.50 3.99 4.26 4.33 4.38 — — —
Intuit Inc. 1.49 1.50 1.45 1.91 1.91 1.81 1.67 2.30 2.19 2.53 2.46 4.70 4.39 3.82 3.00 6.18 5.08 4.04 3.71 6.97 4.08
Mastercard Inc. 2.44 2.39 2.69 2.51 3.15 2.86 3.29 3.14 2.95 2.77 2.50 2.65 2.34 2.29 1.85 1.95 1.97 1.91 — — —
Microsoft Corp. 1.19 1.21 1.21 1.22 1.22 1.23 1.29 1.29 1.34 1.33 1.31 1.26 1.05 1.24 1.25 1.25 1.21 1.19 1.16 1.15 1.17
Oracle Corp. 4.13 3.24 2.79 2.54 2.14 1.81 1.67 1.30 1.05 0.87 0.83 0.70 0.68 0.70 0.74 0.77 0.78 0.78 — — —
PayPal Holdings Inc. 1.18 1.07 1.10 1.09 1.14 1.05 1.03 1.01 1.05 1.00 0.99 0.97 0.94 0.82 0.80 0.78 0.77 0.74 — — —
salesforce.com inc. 0.53 0.50 0.48 0.86 0.85 0.85 0.85 0.87 1.00 1.12 1.12 1.11 1.12 1.12 1.16 1.22 1.27 1.33 — — —
Visa Inc. 0.57 0.60 0.64 0.69 0.67 0.66 0.64 0.63 0.62 0.61 0.60 0.57 0.56 0.56 0.56 0.55 0.50 0.46 — — —

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-03), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-08), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-06), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-28), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-06).

1 Q1 2021 Calculation
Equity turnover = (RevenuesQ1 2021 + RevenuesQ4 2020 + RevenuesQ3 2020 + RevenuesQ2 2020) ÷ Stockholders’ equity
= (1,360 + 1,250 + 1,152 + 1,071) ÷ 3,037 = 1.59

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.’s equity turnover ratio improved from Q3 2020 to Q4 2020 but then slightly deteriorated from Q4 2020 to Q1 2021.