Salesforce.com Inc

NYSE CRM

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Salesforce.com Inc Average Collection Period 3 year CAGR for the quarter ending April 30, 2024: -2.35%

Salesforce.com Inc Average Collection Period 3 year CAGR is -2.35% for the quarter ending April 30, 2024, a 22.19% change year over year. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Salesforce.com Inc Average Collection Period for the quarter ending April 30, 2023 was 137.91, a -18.93% change year over year.
  • Salesforce.com Inc Average Collection Period for the quarter ending April 30, 2022 was 170.11, a 30.63% change year over year.
  • Salesforce.com Inc Average Collection Period for the quarter ending April 30, 2021 was 130.23, a -13.86% change year over year.
  • Salesforce.com Inc Average Collection Period for the quarter ending April 30, 2020 was 151.18, a 7.86% change year over year.
NYSE: CRM

Salesforce.com Inc

CEO Mr. Marc R. Benioff
IPO Date June 23, 2004
Location United States
Headquarters Salesforce Tower, San Francisco, CA, United States, 94105
Employees 72,682
Sector Technology
Industry Software - application
Description

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale. In addition, its platform offering comprise a flexible platform that enables companies of various sizes, locations, and industries to build business workflow and apps with customer; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, an intelligent productivity platform. The company's marketing services enables companies to plan, personalize, automate, and optimize customer marketing journey, connecting interaction, and connected products; and commerce services, which empowers shopping experience across various customer touchpoint, such as mobile, web, social, and stores and provides click-to-code tools that offers customers to build and deploy solutions. Further, its analytics offering includes Tableau, an end-to-end analytics solution for range of enterprise use cases and intelligent analytics with AI models, spot trends, predict outcomes, creates summaries, timely recommendations, and take action from any device; and integration service including MuleSoft, which provides building blocks to deliver end-to-end and connected experiences. Additionally, the company provides data cloud, a hyperscale data engine native to Salesforce; vertical services to meet the needs of customers in industries, such as financial services, healthcare and life sciences, manufacturing and automotive and government; and offers salesforce starter for small and medium-sized businesses. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

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StockViz Staff

September 19, 2024

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