Salesforce.com Inc (CRM)
Inventory turnover
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 28,899,000 | 29,053,000 | 24,777,000 | 20,261,000 | 16,004,000 |
| Inventory | US$ in thousands | — | 1,776,000 | 1,454,000 | 1,146,000 | 926,000 |
| Inventory turnover | — | 16.36 | 17.04 | 17.68 | 17.28 |
January 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $28,899,000K ÷ $—K
= —
To calculate the inventory turnover for Salesforce Inc for the years provided, we need both the cost of goods sold (COGS) and the average inventory for each year.
The formula for inventory turnover is:
Inventory Turnover = Cost of Goods Sold (COGS) / Average Inventory
Without the specific data for Cost of Goods Sold or Average Inventory for the years given, it is not possible to calculate the inventory turnover ratio. This ratio is crucial for assessing how efficiently a company manages its inventory and converts it into sales.
To provide a detailed analysis of Salesforce Inc's inventory turnover, we would need access to their financial statements or additional information regarding their COGS and average inventory levels for the respective years.
Peer comparison
Jan 31, 2024