Palo Alto Networks Inc (PANW)
Days of sales outstanding (DSO)
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 2.40 | 2.40 | 2.43 | 3.10 | 3.19 | |
| DSO | days | 152.07 | 151.80 | 150.23 | 117.82 | 114.26 |
July 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.40
= 152.07
Based on the trend of Palo Alto Networks Inc's days of sales outstanding (DSO) over the past five years, there has been a gradual increase in the number of days it takes for the company to collect its accounts receivable. The DSO has risen from 114.26 days in 2020 to 152.07 days in 2024. This indicates that Palo Alto Networks Inc may be facing challenges in efficiently collecting payments from its customers, potentially impacting its cash flow and liquidity position. It is crucial for the company to closely monitor and manage its accounts receivable collection process to improve its DSO and enhance its working capital management.
Peer comparison
Jul 31, 2024