Stock Analysis on Net
Stock Analysis on Net

Workday Inc. (NASDAQ:WDAY)

Common-Size Balance Sheet: Assets 
Quarterly Data

Workday Inc., common-size consolidated balance sheet: assets (quarterly data)

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Jan 31, 2026 Oct 31, 2025 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 Jul 31, 2020 Apr 30, 2020
Cash and cash equivalents 8.30 14.70 7.04 5.65 8.58 7.98 10.07 10.99 12.23 11.23 10.45 10.89 13.99 12.72 18.77 21.69 14.61 13.74 11.93 11.12 15.88 13.60 16.53 16.80
Marketable securities 21.81 23.85 38.54 40.66 36.01 35.59 35.35 34.06 35.26 38.17 38.01 36.86 31.40 31.61 28.73 27.18 20.10 23.91 24.37 23.60 24.68 23.97 20.18 19.16
Trade and other receivables, net 12.90 9.86 8.96 7.92 10.85 8.55 7.96 7.11 9.96 8.80 9.25 8.22 11.64 8.40 8.34 6.08 11.84 9.16 9.58 7.50 11.84 9.47 9.26 8.08
Deferred costs, current 1.69 1.61 1.55 1.56 1.49 1.49 1.46 1.46 1.41 1.49 1.45 1.45 1.42 1.38 1.25 1.23 1.46 1.44 1.43 1.44 1.41 1.40 1.40 1.39
Prepaid expenses and other current assets 1.93 1.67 1.86 2.10 1.73 1.66 1.84 2.05 1.55 1.88 1.86 1.98 1.67 2.15 1.82 1.98 1.66 1.46 1.65 1.63 1.28 2.01 2.15 2.31
Current assets 46.64% 51.69% 57.94% 57.88% 58.66% 55.27% 56.67% 55.67% 60.41% 61.57% 61.02% 59.41% 60.12% 56.26% 58.91% 58.15% 49.66% 49.72% 48.95% 45.29% 55.08% 50.46% 49.51% 47.74%
Property and equipment, net 6.05 6.38 6.24 6.62 6.89 7.69 7.76 7.77 7.50 8.66 8.90 9.19 8.91 9.84 9.31 9.27 10.70 11.87 12.46 13.40 11.15 12.45 12.76 12.96
Operating lease right-of-use assets 3.98 4.06 4.00 2.06 1.87 2.04 2.09 2.03 1.76 1.91 1.91 1.92 1.85 2.16 2.16 1.97 2.36 2.86 3.03 3.26 4.75 5.30 4.33 4.29
Deferred costs, noncurrent 3.51 3.23 3.13 3.16 3.12 2.98 3.00 3.07 3.09 3.10 3.03 3.06 3.12 2.90 2.67 2.65 3.25 3.05 3.05 3.08 3.12 2.96 2.99 2.97
Acquisition-related intangible assets, net 3.77 3.09 1.78 1.98 2.01 2.33 2.04 2.20 1.42 1.79 1.92 2.14 2.27 2.64 2.63 2.89 3.72 3.94 4.18 4.65 2.85 3.35 3.69 4.05
Deferred tax assets 4.59 5.10 5.34 5.89 5.78 6.28 6.30 6.62 6.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Goodwill 28.93 24.02 19.36 20.21 19.35 21.18 20.06 20.43 17.30 20.44 20.68 21.43 21.06 22.92 21.44 22.19 27.05 25.72 25.92 27.39 20.87 23.19 24.25 25.17
Other assets 2.55 2.44 2.20 2.20 2.33 2.22 2.09 2.21 2.05 2.52 2.55 2.84 2.68 3.28 2.89 2.88 3.25 2.85 2.41 2.93 2.18 2.29 2.47 2.82
Noncurrent assets 53.36% 48.31% 42.06% 42.12% 41.34% 44.73% 43.33% 44.33% 39.59% 38.43% 38.98% 40.59% 39.88% 43.74% 41.09% 41.85% 50.34% 50.28% 51.05% 54.71% 44.92% 49.54% 50.49% 52.26%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30).

The composition of assets at the company exhibits several notable shifts over the observed period, spanning from April 2020 to July 2025. Current assets initially represent a substantial portion of the total, fluctuating around 47-50% before increasing to the 56-61% range between January 2022 and July 2023, and then declining to 51-46% by July 2025. Noncurrent assets correspondingly demonstrate an inverse relationship, decreasing from over 52% in early periods to a low of approximately 38% before rising again to around 48-53% in the latter part of the period.

Cash and Cash Equivalents
The proportion of cash and cash equivalents to total assets demonstrates considerable volatility. It begins at 16.80% in April 2020, decreases to a low of 11.12% in April 2021, then increases to a peak of 21.69% in April 2022. Following this peak, it declines to 7.98% in October 2024 before a slight recovery to 8.30% in January 2026. This suggests active cash management and potentially strategic deployment of funds.
Marketable Securities
Marketable securities consistently represent a significant portion of total assets, generally ranging between 19% and 39%. There is a general upward trend from 19.16% in April 2020 to a high of 38.01% in July 2023, followed by a decline to 21.81% in January 2026. This indicates a strategy of holding substantial liquid assets, potentially for investment or to meet future obligations.
Trade and Other Receivables, Net
The percentage of trade and other receivables to total assets fluctuates, generally between 7% and 12%. A noticeable increase is observed from April 2020 (8.08%) to July 2020 (9.26%), followed by a period of relative stability. A subsequent rise to 11.64% in January 2023 is followed by a decline to 12.90% in January 2026. These fluctuations may correlate with sales cycles and collection periods.
Goodwill
Goodwill consistently represents a large portion of total assets, starting at 25.17% in April 2020. It declines to a low of 20.44% in October 2023 before increasing to 28.93% in January 2026. This suggests potential acquisitions or changes in the valuation of existing goodwill.
Acquisition-Related Intangible Assets, Net
The proportion of acquisition-related intangible assets to total assets generally decreases over the period, from 4.05% in April 2020 to 1.78% in January 2023, before increasing to 3.09% in January 2026. This decline may reflect amortization or impairment of these assets.
Deferred Costs
Both current and noncurrent deferred costs remain relatively stable as a percentage of total assets throughout the period. Current deferred costs fluctuate between 1.23% and 2.31%, while noncurrent deferred costs range from 2.65% to 3.51%. This suggests consistent accounting practices related to deferred expenses.
Property and Equipment, Net
The proportion of property and equipment to total assets generally declines over the period, from 12.96% in April 2020 to 6.05% in January 2026. This could indicate a shift away from capital-intensive assets or increased depreciation.

Overall, the asset composition demonstrates a dynamic shift, with a notable increase in current assets relative to noncurrent assets, particularly in the period between 2022 and 2023. The fluctuations in cash and marketable securities suggest active liquidity management, while changes in goodwill and intangible assets may reflect acquisition activity and related accounting adjustments.

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