Salesforce Inventory Turnover vs Days Of Inventory On Hand Analysis

CRM Stock  USD 342.02  6.24  1.86%   
Salesforce financial indicator trend analysis is much more than just breaking down Salesforce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salesforce is a good investment. Please check the relationship between Salesforce Inventory Turnover and its Days Of Inventory On Hand accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.

Inventory Turnover vs Days Of Inventory On Hand

Inventory Turnover vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salesforce Inventory Turnover account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have pay attention.
The correlation between Salesforce's Inventory Turnover and Days Of Inventory On Hand is -0.92. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Salesforce, assuming nothing else is changed. The correlation between historical values of Salesforce's Inventory Turnover and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Salesforce are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Inventory Turnover i.e., Salesforce's Inventory Turnover and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Days Of Inventory On Hand

Most indicators from Salesforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salesforce current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.At this time, Salesforce's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Tax Provision is likely to grow to about 854.7 M, while Enterprise Value Multiple is likely to drop 28.73.
 2021 2022 2023 2024 (projected)
Gross Profit19.5B23.0B26.3B27.6B
Total Revenue26.5B31.4B34.9B36.6B

Salesforce fundamental ratios Correlations

1.00.951.00.990.890.70.981.01.00.980.540.990.940.970.990.840.90.970.940.980.990.820.970.950.84
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0.950.950.940.940.830.540.930.930.940.930.360.940.910.870.940.770.780.960.890.950.940.710.910.940.92
1.01.00.940.990.890.690.991.00.990.990.530.980.940.960.980.870.910.960.960.960.980.80.960.950.82
0.990.990.940.990.880.70.980.990.990.980.530.990.940.970.980.840.910.970.930.970.980.80.960.930.83
0.890.90.830.890.880.70.860.90.880.850.630.870.880.880.870.70.850.860.810.90.880.740.930.790.66
0.70.690.540.690.70.70.680.710.720.670.610.730.680.760.730.550.690.680.640.70.730.80.710.630.45
0.980.980.930.990.980.860.680.980.981.00.450.960.930.930.960.920.90.920.980.920.960.780.910.940.79
1.01.00.931.00.990.90.710.980.990.970.60.980.930.980.970.840.930.960.930.970.980.810.970.930.8
1.00.990.940.990.990.880.720.980.990.990.50.990.940.960.990.850.880.970.950.970.990.840.950.950.84
0.980.980.930.990.980.850.671.00.970.990.410.960.940.920.960.920.880.930.980.930.960.780.910.940.82
0.540.560.360.530.530.630.610.450.60.50.410.520.460.710.520.220.720.530.320.60.520.550.680.430.2
0.990.980.940.980.990.870.730.960.980.990.960.520.930.961.00.80.860.990.920.981.00.860.960.940.86
0.940.940.910.940.940.880.680.930.930.940.940.460.930.90.930.810.840.920.890.930.930.790.920.920.8
0.970.970.870.960.970.880.760.930.980.960.920.710.960.90.960.750.920.950.860.970.960.850.970.910.76
0.990.980.940.980.980.870.730.960.970.990.960.521.00.930.960.790.840.980.910.981.00.880.960.940.87
0.840.840.770.870.840.70.550.920.840.850.920.220.80.810.750.790.80.720.960.720.80.60.70.80.61
0.90.910.780.910.910.850.690.90.930.880.880.720.860.840.920.840.80.830.840.870.860.660.90.810.55
0.970.970.960.960.970.860.680.920.960.970.930.530.990.920.950.980.720.830.860.990.980.830.970.940.9
0.940.930.890.960.930.810.640.980.930.950.980.320.920.890.860.910.960.840.860.860.920.740.840.910.75
0.980.980.950.960.970.90.70.920.970.970.930.60.980.930.970.980.720.870.990.860.980.820.990.920.86
0.990.980.940.980.980.880.730.960.980.990.960.521.00.930.961.00.80.860.980.920.980.870.960.940.86
0.820.80.710.80.80.740.80.780.810.840.780.550.860.790.850.880.60.660.830.740.820.870.810.820.69
0.970.970.910.960.960.930.710.910.970.950.910.680.960.920.970.960.70.90.970.840.990.960.810.890.8
0.950.950.940.950.930.790.630.940.930.950.940.430.940.920.910.940.80.810.940.910.920.940.820.890.84
0.840.830.920.820.830.660.450.790.80.840.820.20.860.80.760.870.610.550.90.750.860.860.690.80.84
Click cells to compare fundamentals

Salesforce Account Relationship Matchups

Salesforce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.1B66.3B95.2B98.8B99.8B104.8B
Total Stockholder Equity33.9B41.5B58.1B58.4B59.6B62.6B
Retained Earnings1.9B5.9B7.4B7.6B11.7B12.3B
Non Current Assets Total39.2B44.4B72.4B72.5B70.7B74.3B
Non Currrent Assets Other1.3B1.7B2.3B2.7B2.5B2.6B
Other Assets1.4B4.4B5.0B2.8B3.2B3.4B
Common Stock Shares Outstanding850M930M974M997M984M642.1M
Liabilities And Stockholders Equity55.1B66.3B95.2B98.8B99.8B104.8B
Non Current Liabilities Total6.4B7.1B15.3B14.6B13.5B14.2B
Other Stockholder Equity32.1B35.6B50.9B51.0B48.1B50.6B
Total Liab21.2B24.8B37.1B40.5B40.2B42.2B
Short Long Term Debt Total5.9B6.3B14.0B14.1B13.6B14.2B
Other Current Liab11.4B12.6B5.5B6.7B2.5B2.4B
Total Current Liabilities14.8B17.7B21.8B25.9B26.6B28.0B
Other Liab946M1.5B2.0B1.7B2.0B2.1B
Property Plant And Equipment Net5.4B5.7B5.7B6.6B6.1B6.4B
Current Deferred Revenue10.7B12.6B15.6B17.4B19.0B20.0B
Net Debt1.7B86M8.5B7.1B5.1B5.3B
Accounts Payable3.4B4.4B5.5B6.7B3.2B3.4B
Cash4.1B6.2B5.5B7.0B8.5B8.9B
Cash And Short Term Investments7.9B12.0B10.5B12.5B14.2B14.9B
Net Receivables6.2B7.8B9.7B10.8B11.4B12.0B
Short Term Investments3.8B5.8B5.1B5.5B5.7B6.0B
Inventory926M1.1B1.5B1.8B2.0B2.1B
Other Current Assets916M991M1.1B1.4B3.5B3.6B
Property Plant And Equipment Gross7.2B7.6B8.1B9.3B9.2B9.7B
Total Current Assets16.0B21.9B22.9B26.4B29.1B30.5B
Accumulated Other Comprehensive Income(93M)(42M)(166M)(274M)(225M)(213.8M)
Short Term Debt750M766M686M1.8B1.9B2.0B
Property Plant Equipment5.4B5.7B5.7B6.6B7.6B8.0B
Intangible Assets5.3B4.1B9.0B7.1B5.3B5.5B
Good Will25.1B26.3B47.9B48.6B48.6B51.1B
Net Tangible Assets4.0B11.1B1.2B2.7B3.1B1.8B
Retained Earnings Total Equity1.9B5.9B7.4B7.6B8.7B9.2B
Capital Surpluse32.1B35.6B50.9B55.0B63.3B66.5B

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When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Dividend Share
0.8
Earnings Share
5.75
Revenue Per Share
37.632
Quarterly Revenue Growth
0.084
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.