Palo Alto Networks Inc (PANW)
Number of days of payables
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.56 | 9.99 | 15.01 | 10.12 | 17.71 | 18.29 | 10.93 | 14.57 | 14.43 | 20.69 | 14.50 | 14.30 | 13.43 | 14.68 | 12.25 | 14.46 | 22.41 | 16.80 | 25.37 | 21.85 | |
| Number of days of payables | days | 34.57 | 36.53 | 24.32 | 36.08 | 20.61 | 19.95 | 33.41 | 25.05 | 25.29 | 17.64 | 25.16 | 25.53 | 27.18 | 24.87 | 29.79 | 25.25 | 16.29 | 21.72 | 14.39 | 16.71 |
July 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.56
= 34.57
The analysis of Palo Alto Networks Inc.’s number of days of payables over the specified periods reveals notable fluctuations that reflect the company's evolving payment practices and potential strategic considerations.
From October 31, 2020, to April 30, 2021, the days of payables ranged between approximately 14.39 days and 21.72 days, indicating a moderate level of credit extended to suppliers. A slight increase was observed by October 31, 2021, reaching 25.25 days, suggesting the company may have extended its payment terms or delayed payments during this period.
During 2022, the days of payables showed incremental growth with values such as 29.79 days in January, peaking at 27.18 days in July, and slightly decreasing to 25.53 days by October. These figures point to a trend of extending payables, possibly reflecting efforts to optimize cash flow or negotiate more favorable terms with suppliers.
In 2023, the trend continued with fluctuations: a reduction to 17.64 days in April contrasted with a resurgence to approximately 25 days in subsequent quarters. The most significant change appears in January 2024, with an increase to 33.41 days, indicating a substantial extension of payment cycles.
Looking ahead to 2024 and 2025, the data shows considerable variability. Notably, in April and July 2024, the days of payables hovered around 20 days, then surged to 36.08 days in October 2024. The upward trajectory persisted into early 2025 with figures such as 24.32 days in January, culminating in a notable peak of 36.53 days in April 2025, followed by a slight decrease to 34.57 days in July 2025.
In summary, Palo Alto Networks Inc. has exhibited a pattern of fluctuating days of payables, with periods of both extension and contraction. The data indicates a tendency towards lengthening payment cycles over time, especially noticeable from 2022 onward, which could be indicative of strategic financial management aimed at optimizing cash flow or leveraging supplier credit terms amid changing operational or market conditions.
See also:
Palo Alto Networks Inc Average Payables Payment Period (Quarterly Data)