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Palo Alto Networks (Palo Alto Networks) Days Sales Outstanding

: 76.45 (As of Jan. 2024)
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Palo Alto Networks's average Accounts Receivable for the three months ended in Jan. 2024 was $1,655 Mil. Palo Alto Networks's Revenue for the three months ended in Jan. 2024 was $1,975 Mil. Hence, Palo Alto Networks's Days Sales Outstanding for the three months ended in Jan. 2024 was 76.45.

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

PANW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.05   Med: 77.74   Max: 121.95
Current: 82.38

During the past 13 years, Palo Alto Networks's highest Days Sales Outstanding was 121.95. The lowest was 66.05. And the median was 77.74.

PANW's Days Sales Outstanding is ranked worse than
67.57% of 2726 companies
in the Software industry
Industry Median: 62.27 vs PANW: 82.38

Palo Alto Networks's Days Sales Outstanding increased from Jan. 2023 (69.36) to Jan. 2024 (76.45).


Palo Alto Networks Days Sales Outstanding Historical Data

The historical data trend for Palo Alto Networks's Days Sales Outstanding 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 Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.05 86.71 97.66 112.22 121.95

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 Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.36 72.16 91.25 94.17 76.45

Competitive Comparison

For the Software - Infrastructure subindustry, Palo Alto Networks's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

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

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



Palo Alto Networks Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Jul. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count ) / Revenue (A: Jul. 2023 )*Days in Period
=( (2142.5 + 2463.2) / 2 ) / 6892.7*365
=2302.85 / 6892.7*365
=121.95

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

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (1413 + 1896.3) / 2 ) / 1975.1*365 / 4
=1654.65 / 1975.1*365 / 4
=76.45

* 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.


Palo Alto Networks  (NAS:PANW) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Palo Alto Networks Days Sales Outstanding Related Terms

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Palo Alto Networks (Palo Alto Networks) Business Description

Traded in Other Exchanges
Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
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