Palo Fixed Asset Turnover from 2010 to 2024

PANW Stock  USD 383.36  14.34  3.61%   
Palo Alto Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Palo Alto Fixed Asset Turnover regression line of quarterly data had mean square error of  17.88 and geometric mean of  10.82. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.74631861
Current Value
12.45
Quarterly Volatility
4.80228304
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Palo Alto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palo Alto's main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.3 M, Interest Expense of 7.9 M or Selling General Administrative of 714.5 M, as well as many indicators such as Price To Sales Ratio of 12.27, Dividend Yield of 0.0 or PTB Ratio of 21.57. Palo financial statements analysis is a perfect complement when working with Palo Alto Valuation or Volatility modules.
  
Check out the analysis of Palo Alto Correlation against competitors.

Latest Palo Alto's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Palo Alto Networks over the last few years. It is Palo Alto's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Palo Alto's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Palo Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.52
Geometric Mean10.82
Coefficient Of Variation41.68
Mean Deviation2.89
Median11.16
Standard Deviation4.80
Sample Variance23.06
Range20.9962
R-Value(0.53)
Mean Square Error17.88
R-Squared0.28
Significance0.04
Slope(0.57)
Total Sum of Squares322.87

Palo Fixed Asset Turnover History

2024 12.45
2023 10.75
2022 11.16
2021 9.17
2020 7.32
2019 5.62
2018 9.8

About Palo Alto Financial Statements

Palo Alto investors use historical fundamental indicators, such as Palo Alto's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Palo Alto. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.75  12.45 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Palo Stock Analysis

When running Palo Alto's price analysis, check to measure Palo Alto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.