Palo Payables Turnover from 2010 to 2024

PANW Stock  USD 383.36  14.34  3.61%   
Palo Alto Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 10.13 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Palo Alto Networks pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
17.70593292
Current Value
10.13
Quarterly Volatility
4.54728779
 
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 Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Palo Alto Networks over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Palo Alto's Payables 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.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Palo Payables Turnover Regression Statistics

Arithmetic Mean12.94
Geometric Mean12.17
Coefficient Of Variation35.14
Mean Deviation3.43
Median13.06
Standard Deviation4.55
Sample Variance20.68
Range16.6177
R-Value0.53
Mean Square Error15.93
R-Squared0.28
Significance0.04
Slope0.54
Total Sum of Squares289.49

Palo Payables Turnover History

2024 10.13
2023 17.71
2022 14.43
2020 22.41
2019 15.72
2018 11.03
2017 13.06

About Palo Alto Financial Statements

Palo Alto investors use historical fundamental indicators, such as Palo Alto's Payables 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
Payables Turnover 17.71  10.13 

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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.