Salesforce.com Inc (CRM)

Receivables turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Revenue (ttm)	US$ in thousands	38,014,000	37,212,000	36,503,000	35,816,000	34,869,000	33,714,000	32,766,000	31,966,000	31,213,000	30,389,000	30,006,000	29,252,000	28,129,000	26,979,000	24,988,000	23,197,000	22,027,000	20,756,000	19,969,000	18,704,000
Receivables	US$ in thousands	11,945,000	4,741,000	5,391,000	4,273,000	11,414,000	4,850,000	5,400,000	4,632,000	10,755,000	4,275,000	4,745,000	3,952,000	9,739,000	4,019,000	4,074,000	3,174,000	7,786,000	3,316,000	3,445,000	3,076,000
Receivables turnover		3.18	7.85	6.77	8.38	3.05	6.95	6.07	6.90	2.90	7.11	6.32	7.40	2.89	6.71	6.13	7.31	2.83	6.26	5.80	6.08

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $38,014,000K ÷ $11,945,000K
= 3.18

The receivables turnover ratio of Salesforce.com Inc has displayed fluctuations over the periods provided. Generally, a higher receivables turnover ratio indicates more efficient management of accounts receivable. From April 30, 2020, to April 30, 2025, the ratio showed an upward trend, starting at 6.08 and increasing to 8.38. However, there were periods of decline in between, such as January 31, 2021, when the ratio dropped to 2.83. Overall, the company has been successful in improving its efficiency in collecting receivables, as evidenced by the upward trend in the ratio. A ratio above 1 signifies that the company is collecting its receivables multiple times a year, which is generally considered positive for liquidity and cash flow management.