Palo Alto Networks Inc (PANW) — Defensive Interval Ratio

Latest as of April 2026: 170 days

Palo Alto Networks Inc (PANW) has a Defensive Interval Ratio of 170 days as of April 2026. Defensive assets of $4.19 Billion (cash $-, short-term investments $747.00 Million, receivables $3.44 Billion) cover 170 days of daily cash needs of $24.67 Million/day.

Defensive Interval Ratio

170 days
Days of operational coverage

Defensive Assets

$4.19 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$24.67 Million
Current Liabilities ÷ 365

Current Liabilities

$9.01 Billion
USD

Palo Alto Networks Inc Defensive Interval Ratio (2010–2025)

This chart shows how Palo Alto Networks Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of April 2026, the ratio stands at 170 days, meaning defensive assets of $4.19 Billion can fund 170 days of operations without new revenue. For the complete balance sheet picture, see Palo Alto Networks Inc asset portfolio.

Annual Defensive Interval Ratio for Palo Alto Networks Inc (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for Palo Alto Networks Inc from 2010 to 2025, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Palo Alto Networks Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 197 days $4.31 Billion $21.88 Million/day $- $634.60 Million ▼ -11 days
2024 208 days $4.39 Billion $21.05 Million/day $- $1.04 Billion ▲ +15 days
2023 194 days $4.11 Billion $21.20 Million/day $- $1.25 Billion ▲ +33 days
2022 161 days $3.66 Billion $22.76 Million/day $- $1.52 Billion ▼ -1 days
2021 162 days $2.27 Billion $14.02 Million/day $- $1.03 Billion ▼ -86 days
2020 248 days $1.83 Billion $7.37 Million/day $- $789.80 Million ▼ -183 days
2019 431 days $2.42 Billion $5.63 Million/day $- $1.84 Billion ▲ +198 days
2018 233 days $1.36 Billion $5.86 Million/day $- $896.50 Million ▼ -90 days
2017 323 days $1.06 Billion $3.29 Million/day $- $630.70 Million ▼ -65 days
2016 388 days $899.90 Million $2.32 Million/day $- $551.20 Million ▲ +167 days
2015 221 days $625.53 Million $2.83 Million/day $- $413.17 Million ▼ -45 days
2014 266 days $254.21 Million $953.89K/day $- $118.69 Million ▼ -81 days
2013 348 days $196.47 Million $564.66K/day $- $109.01 Million ▲ +211 days
2012 137 days $45.64 Million $334.26K/day $- $- ▼ -25 days
2011 161 days $29.68 Million $183.84K/day $- $- ▼ -20 days
2010 181 days $14.24 Million $78.52K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)