Shopify Inc

NYSE SHOP

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Shopify Inc Operating Cash Flow to Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 12.79%

Shopify Inc Operating Cash Flow to Sales Ratio is 12.79% for the Trailing 12 Months (TTM) ending March 31, 2024, a 1,408.90% change year over year. The operating cash flow to sales ratio measures the proportion of a company's operating cash flow to its total sales revenue. It is calculated by dividing the operating cash flow by the revenue. This ratio indicates the company's ability to convert its sales revenue into operating cash flow, reflecting its operational efficiency and cash generation capabilities. A higher ratio suggests a higher level of cash flow generated from sales, indicating strong profitability and effective cash management.
  • Shopify Inc Operating Cash Flow to Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -0.98%, a -116.23% change year over year.
  • Shopify Inc Operating Cash Flow to Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 6.02%, a -67.84% change year over year.
  • Shopify Inc Operating Cash Flow to Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 18.72%, a 947.74% change year over year.
  • Shopify Inc Operating Cash Flow to Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was -2.21%, a -180.51% change year over year.
NYSE: SHOP

Shopify Inc

CEO Mr. Tobias Lütke
IPO Date May 21, 2015
Location Canada
Headquarters 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Employees 8,300
Sector Technology
Industry Software - application
Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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StockViz Staff

September 20, 2024

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