Analysis of Geographic Areas
Palo Alto Networks Inc. operates in 2 regions: United States and Other countries.
Area Asset Turnover
Palo Alto Networks Inc., asset turnover by geographic area
| Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | |
|---|---|---|---|---|---|---|
| United States | 11.05 | 7.98 | 5.96 | 4.32 | 7.61 | 6.34 |
| Other countries | 11.35 | 12.63 | 12.55 | 11.86 | 19.27 | 18.48 |
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Other countries | Other countries area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Area Asset Turnover: United States
Palo Alto Networks Inc.; United States; area asset turnover calculation
| Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 4,424,200) | 3,560,300) | 2,747,800) | 2,168,600) | 1,830,300) | 1,447,200) |
| Long-lived assets | 400,400) | 446,100) | 461,100) | 502,300) | 240,500) | 228,400) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 11.05 | 7.98 | 5.96 | 4.32 | 7.61 | 6.34 |
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).
1 2023 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 4,424,200 ÷ 400,400 = 11.05
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Other countries
Palo Alto Networks Inc.; Other countries; area asset turnover calculation
| Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 2,468,500) | 1,941,200) | 1,508,300) | 1,239,800) | 1,069,300) | 825,900) |
| Long-lived assets | 217,400) | 153,700) | 120,200) | 104,500) | 55,500) | 44,700) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 11.35 | 12.63 | 12.55 | 11.86 | 19.27 | 18.48 |
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).
1 2023 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 2,468,500 ÷ 217,400 = 11.35
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other countries | Other countries area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Revenue
Palo Alto Networks Inc., revenue by geographic area
US$ in thousands
| Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | |
|---|---|---|---|---|---|---|
| United States | 4,424,200) | 3,560,300) | 2,747,800) | 2,168,600) | 1,830,300) | 1,447,200) |
| Other countries | 2,468,500) | 1,941,200) | 1,508,300) | 1,239,800) | 1,069,300) | 825,900) |
| Total | 6,892,700) | 5,501,500) | 4,256,100) | 3,408,400) | 2,899,600) | 2,273,100) |
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).
Long-lived assets
Palo Alto Networks Inc., long-lived assets by geographic area
US$ in thousands
| Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | |
|---|---|---|---|---|---|---|
| United States | 400,400) | 446,100) | 461,100) | 502,300) | 240,500) | 228,400) |
| Other countries | 217,400) | 153,700) | 120,200) | 104,500) | 55,500) | 44,700) |
| Total | 617,800) | 599,800) | 581,300) | 606,800) | 296,000) | 273,100) |
Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).