Cisco Systems (XSGO:CSCO) Deferred Tax

: $-1,485 Mil (TTM As of Apr. 2023)

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Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Cisco Systems's change in deferred tax for the three months ended in Apr. 2023 was $-498 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Apr. 2023 was $-1,485 Mil.

Cisco Systems Deferred Tax Historical Data

The historical data trend for Cisco Systems's Deferred Tax 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.

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Cisco Systems Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Deferred Tax

900.00

-350.00

-38.00

-384.00

-309.00

Cisco Systems Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Deferred Tax																-29.00	-142.00	-366.00	-479.00	-498.00

Cisco Systems Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,485 Mil.

Cisco Systems Deferred Tax Related Terms

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Cisco Systems (XSGO:CSCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cisco Systems Inc (XSGO:CSCO) » Definitions » Deferred Tax

Traded in Other Exchanges

CSCO:USA CSCO:Mexico 0R0K:UK CIS:Germany CSCO:Canada CSCO34:Brazil CIS:Belgium CSCO:Austria CSCO:Argentina

Address

170 West Tasman Drive, San Jose, CA, USA, 95134-1706

Website

https://www.cisco.com

Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.