Salesforce.com Inc (CRM)
Quick ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 8,848,000 | 8,472,000 | 7,016,000 | 5,464,000 | 6,195,000 |
| Short-term investments | US$ in thousands | 5,253,000 | 5,802,000 | 5,540,000 | 5,443,000 | 7,839,000 |
| Receivables | US$ in thousands | 11,945,000 | 11,414,000 | 10,755,000 | 9,739,000 | 7,786,000 |
| Total current liabilities | US$ in thousands | 27,980,000 | 26,631,000 | 25,891,000 | 21,788,000 | 17,728,000 |
| Quick ratio | 0.93 | 0.96 | 0.90 | 0.95 | 1.23 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($8,848,000K
+ $5,253,000K
+ $11,945,000K)
÷ $27,980,000K
= 0.93
The quick ratio of Salesforce.com Inc has shown a declining trend over the past five years, decreasing from 1.23 as of January 31, 2021, to 0.93 as of January 31, 2025. This indicates that the company may be facing challenges in meeting its short-term obligations with its most liquid assets. A quick ratio below 1 suggests a potential liquidity risk, as the company may not be able to cover its current liabilities using its quick assets alone. Salesforce.com Inc may need to closely monitor its liquidity position and assess its ability to convert assets into cash quickly to address any potential liquidity concerns.
Peer comparison
Jan 31, 2025