Salesforce Payables Turnover from 2010 to 2024

CRM Stock  USD 322.25  3.01  0.93%   
Salesforce Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 2.51. Payables Turnover is a liquidity ratio that shows how quickly Salesforce pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.63692498
Current Value
2.51
Quarterly Volatility
13.56616365
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Salesforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Salesforce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 346.6 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 10.55, Dividend Yield of 0.0 or PTB Ratio of 8.71. Salesforce financial statements analysis is a perfect complement when working with Salesforce Valuation or Volatility modules.
  
Check out the analysis of Salesforce Correlation against competitors.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.

Latest Salesforce's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Salesforce over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Salesforce's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Salesforce's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Salesforce Payables Turnover Regression Statistics

Arithmetic Mean14.74
Geometric Mean8.73
Coefficient Of Variation92.01
Mean Deviation10.10
Median14.70
Standard Deviation13.57
Sample Variance184.04
Range44.9511
R-Value(0.62)
Mean Square Error122.91
R-Squared0.38
Significance0.01
Slope(1.87)
Total Sum of Squares2,577

Salesforce Payables Turnover History

2024 2.51
2023 2.64
2022 2.15
2021 2.38
2020 2.08
2019 2.26
2018 20.92

About Salesforce Financial Statements

Salesforce investors utilize fundamental indicators, such as Payables Turnover, to predict how Salesforce Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 2.64  2.51 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports:
Check out the analysis of Salesforce Correlation against competitors.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Dividend Share
0.8
Earnings Share
5.72
Revenue Per Share
37.632
Quarterly Revenue Growth
0.084
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.