Salesforce.com Inc (CRM)
Quick ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 8,848,000 | 7,997,000 | 7,682,000 | 9,958,000 | 8,472,000 | 6,453,000 | 6,772,000 | 9,155,000 | 7,016,000 | 6,076,000 | 6,931,000 | 6,859,000 | 5,464,000 | 4,753,000 | 6,299,000 | 8,544,000 | 6,195,000 | 3,724,000 | 4,052,000 | 5,772,000 |
| Short-term investments | US$ in thousands | 5,253,000 | 4,832,000 | 5,019,000 | 7,795,000 | 5,802,000 | 5,461,000 | 5,677,000 | 4,864,000 | 5,540,000 | 6,021,000 | 6,827,000 | 6,890,000 | 5,443,000 | 5,241,000 | 4,362,000 | 7,830,000 | 7,839,000 | 8,029,000 | 6,095,000 | 4,030,000 |
| 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 |
| Total current liabilities | US$ in thousands | 27,980,000 | 19,375,000 | 21,001,000 | 23,149,000 | 26,631,000 | 19,394,000 | 20,805,000 | 21,626,000 | 25,891,000 | 18,227,000 | 20,080,000 | 19,899,000 | 21,788,000 | 15,035,000 | 17,393,000 | 15,323,000 | 17,728,000 | 12,234,000 | 12,963,000 | 12,843,000 |
| Quick ratio | 0.93 | 0.91 | 0.86 | 0.95 | 0.96 | 0.86 | 0.86 | 0.86 | 0.90 | 0.90 | 0.92 | 0.89 | 0.95 | 0.93 | 0.85 | 1.28 | 1.23 | 1.23 | 1.05 | 1.00 |
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 provides insight into the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio above 1 indicates that the company has enough liquid assets to cover its current liabilities, while a ratio below 1 suggests potential liquidity issues.
Based on the data provided, we observe fluctuations in Salesforce.com Inc's quick ratio over the timeframe. The quick ratio increased from 1.00 on April 30, 2020, to a peak of 1.28 on April 30, 2021, indicating improved liquidity during that period. However, the quick ratio started declining from July 31, 2021, reaching a low of 0.86 by July 31, 2024.
This downward trend in the quick ratio raises concerns about the company's ability to cover its short-term obligations with its liquid assets. It is essential for investors and stakeholders to monitor further changes in the quick ratio to assess Salesforce.com Inc's liquidity position and financial health accurately.
Peer comparison
Jan 31, 2025