Palo Alto Networks (Palo Alto Networks) Days Payable

: 28.39 (As of Jan. 2024)

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Palo Alto Networks's average Accounts Payable for the three months ended in Jan. 2024 was $155 Mil. Palo Alto Networks's Cost of Goods Sold for the three months ended in Jan. 2024 was $499 Mil. Hence, Palo Alto Networks's Days Payable for the three months ended in Jan. 2024 was 28.39.

The historical rank and industry rank for Palo Alto Networks's Days Payable or its related term are showing as below:

PANW' s Days Payable Range Over the Past 10 Years
Min: 17.25 Med: 24.45 Max: 34.38
Current: 24.77

During the past 13 years, Palo Alto Networks's highest Days Payable was 34.38. The lowest was 17.25. And the median was 24.45.

PANW's Days Payable is ranked worse than
73.62% of 2525 companies
in the Software industry
Industry Median: 51.49 vs PANW: 24.77

Palo Alto Networks's Days Payable increased from Jan. 2023 (24.88) to Jan. 2024 (28.39). It may suggest that Palo Alto Networks delayed paying its suppliers.

Palo Alto Networks Days Payable Historical Data

The historical data trend for Palo Alto Networks's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palo Alto Networks Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

27.70

25.00

17.25

19.63

24.88

Palo Alto Networks Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																24.88	21.13	20.16	25.49	28.39

Competitive Comparison

For the Software - Infrastructure subindustry, Palo Alto Networks's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Palo Alto Networks Days Payable Distribution

For the Software industry and Technology sector, Palo Alto Networks's Days Payable distribution charts can be found below:

* The bar in red indicates where Palo Alto Networks's Days Payable falls into.

Palo Alto Networks Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Palo Alto Networks's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (128	+	132.3)	/	2 )	/	1909.7	*	365
=	130.15					/	1909.7	*	365
=	24.88

Palo Alto Networks's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (131.8	+	178.8)	/	2 )	/	499.1	*	365 / 4
=	155.3					/	499.1	*	365 / 4
=	28.39

Palo Alto Networks Days Payable Related Terms

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Palo Alto Networks (Palo Alto Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palo Alto Networks Inc (NAS:PANW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PANW:Mexico 5AP:Germany 5AP:Germany PANW:Austria

Address

3000 Tannery Way, Santa Clara, CA, USA, 95054

Website

https://www.paloaltonetworks.com

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.

Executives

John Donovan	director	208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Nir Zuk	director, officer: CTO	3000 TANNERY WAY, SANTA CLARA CA 95054
John P. Key	director	3000 TANNERY WAY, SANTA CLARA CA 95054
Dipak Golechha	officer: EVP, Chief Financial Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Nikesh Arora	director, officer: Chief Executive Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Lee Klarich	officer: Chief Product Officer	4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Josh D. Paul	officer: Chief Accounting Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Jenkins William D Jr	officer: President	C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054
Aparna Bawa	director	C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Carl M. Eschenbach	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
James J Goetz	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark D Mclaughlin	director, officer: President & CEO	C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Amit K. Singh	officer: President	3000 TANNERY WAY, SANTA CLARA CA 95054
Helene D Gayle	director	C/O COLGATE PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Jean Compeau	officer: Chief Accounting Officer	3000 TANNERY WAY, SANTA CLARA CA 95054