Salesforce.com Inc (CRM)

Total asset 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
Total assets	US$ in thousands	102,928,000	91,395,000	92,180,000	96,180,000	99,823,000	91,022,000	92,447,000	93,541,000	98,849,000	91,884,000	94,148,000	93,022,000	95,209,000	87,436,000	88,658,000	64,885,000	66,301,000	59,136,000	57,780,000	53,623,000
Total asset turnover		0.37	0.41	0.40	0.37	0.35	0.37	0.35	0.34	0.32	0.33	0.32	0.31	0.30	0.31	0.28	0.36	0.33	0.35	0.35	0.35

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $38,014,000K ÷ $102,928,000K
= 0.37

The total asset turnover ratio for Salesforce.com Inc has shown stability over the period from April 30, 2020, to January 31, 2025, with values fluctuating between 0.28 and 0.41. The ratio indicates the efficiency of the company in generating sales revenue relative to its total assets. A total asset turnover ratio of less than 1 typically suggests that the company is not effectively utilizing its assets to generate revenue. Salesforce.com Inc's ratios ranging between 0.28 and 0.41 indicate that for each dollar of assets, the company is generating sales revenue between 0.28 and 0.41 dollars. The changes in the ratio over time may signify shifts in the company's asset management strategies or sales performance. Additionally, the fluctuations in total asset turnover might be attributed to changes in business operations, market conditions, or company investments in assets.