Palo Alto Networks Inc (PANW)
Working capital turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 9,221,500 | 8,874,700 | 8,570,500 | 8,288,200 | 8,027,500 | 7,791,300 | 7,527,400 | 7,207,400 | 6,892,700 | 6,489,900 | 6,155,700 | 5,817,500 | 5,501,500 | 5,170,300 | 4,857,500 | 4,557,500 | 4,256,100 | 3,987,200 | 3,782,700 | 3,582,500 |
| Total current assets | US$ in thousands | 7,103,300 | 6,899,000 | 6,339,800 | 6,242,700 | 6,849,700 | 5,581,800 | 6,118,700 | 6,477,600 | 6,048,000 | 6,413,600 | 5,405,800 | 5,733,500 | 6,414,900 | 5,697,600 | 4,868,600 | 4,839,100 | 4,647,300 | 4,140,900 | 4,275,800 | 4,300,900 |
| Total current liabilities | US$ in thousands | 7,988,000 | 7,705,600 | 7,552,200 | 7,402,700 | 7,682,700 | 7,084,800 | 7,765,500 | 7,513,400 | 7,737,500 | 8,641,200 | 8,475,100 | 8,195,100 | 8,306,300 | 7,677,200 | 7,406,400 | 7,144,400 | 5,116,700 | 3,007,300 | 4,376,300 | 2,635,100 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3.52 | — | 2.15 |
July 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $9,221,500K ÷ ($7,103,300K – $7,988,000K)
= —
The working capital turnover ratio for Palo Alto Networks Inc exhibits notable fluctuations over the reported periods. At October 31, 2020, the ratio was recorded at 2.15, indicating that the company's sales generated roughly 2.15 times its average working capital during that quarter. There is a lack of data for subsequent periods until April 30, 2021, when the ratio increased significantly to 3.52, suggesting an improvement in operational efficiency relative to working capital.
Beyond April 2021, the ratio entries are largely missing, with the company reporting '—' for most subsequent periods up to October 31, 2025. This absence of data precludes a continuous analysis of the ratio's trend or potential cyclicality over time. It appears that the ratio was only measurable or reported during select quarters and is not available in the most recent periods.
The limited historical data indicates that the company's working capital turnover was initially moderate, then improved during early 2021. However, the lack of consistent updates in recent periods makes it difficult to ascertain current efficiency levels or identify a clear trend. The overall picture suggests that, while there were periods of operational efficiency improvements, the company's working capital management ratio has been inconsistently reported and requires further data for comprehensive analysis.
See also:
Palo Alto Networks Inc Working Capital Turnover (Quarterly Data)