Stock Analysis on Net

Workday Inc. (NASDAQ:WDAY)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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Workday Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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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 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Accounts payable
Accrued expenses and other current liabilities
Accrued compensation
Unearned revenue, current
Operating lease liabilities, current
Debt, current
Current liabilities
Debt, noncurrent
Unearned revenue, noncurrent
Operating lease liabilities, noncurrent
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock
Additional paid-in capital
Treasury stock
Accumulated other comprehensive income (loss)
Accumulated deficit
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 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), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30).


Accounts payable
The accounts payable ratio fluctuated moderately over the observed period, starting at 0.6% and showing several peaks such as 1.14% in January 2023 before settling near 0.53%–0.6% in the last quarters. There is no clear upward or downward long-term trend, suggesting relative stability with periodic short-term variations.
Accrued expenses and other current liabilities
This item exhibited some variability, with values generally ranging between 1.5% and 2.7%. Notable spikes occurred around October 2022 at 2.7%, followed by a subsequent decrease. The figure remains fairly stable toward the end, around 1.5% to 1.8%, indicating consistent management of accrued liabilities.
Accrued compensation
Accrued compensation showed a moderate downward trend from over 4% in April 2019 to slightly above 3% during most recent quarters. It fluctuated between 2.8% and 4.2%, with occasional peaks such as 4.18% in January 2023 and a low near 2.8%. This suggests careful but variable payroll accrual over time.
Unearned revenue, current
The current unearned revenue percentage generally trended downward, starting at nearly 30% in early 2019, declining to approximately 22%-24% in recent quarters. Some quarters, such as January 2020 and January 2022, showed temporary rebounds near 29%-32%, but the overall tendency is a decrease in the current portion of unearned revenue.
Operating lease liabilities, current
Current operating lease liabilities decreased over time from about 1.1% to roughly 0.55%-0.6% in the last reported quarters, indicating a reduction in short-term lease obligations or reclassification over the analyzed period.
Debt, current
Current debt values were quite volatile, with an exceptional spike to over 20% in July 2019. After that, values settled mainly between 0.5% and 14%, and data is missing for some recent quarters. The fluctuations suggest episodic changes in short-term borrowing or repayments within the company’s capital structure.
Current liabilities
Current liabilities as a whole fluctuated significantly, with peaks around 57% in July 2019 and declines toward about 27% in later years. The overall trend appears to be a gradual decline in current liabilities as a proportion of total liabilities and stockholders’ equity, implying improved current obligations management or growth in other components.
Debt, noncurrent
Noncurrent debt showed considerable variability, initially increasing to over 20% in some quarters of 2020 and 2022, with a downward movement toward around 16%-18% in recent periods. The pattern suggests adjustments in long-term financing, with some periods of increased debt issuance or refinancing followed by reduction phases.
Unearned revenue, noncurrent
This metric declined slowly over time from near 1.6% levels to around 0.38%-0.45% most recently, reflecting diminishing deferred revenue recognized in the long term.
Operating lease liabilities, noncurrent
Noncurrent operating lease liabilities fell markedly from over 4% early on to roughly 1.5%-1.8% late in the period, indicating a substantial decrease in longer-term lease liabilities, possibly due to lease terminations, expirations, or accounting changes.
Other liabilities
Other liabilities maintained a low ratio throughout the period, fluctuating mostly between 0.15% and 0.65%, with some variability but no discernible long-term trend.
Noncurrent liabilities
Noncurrent liabilities as a whole were highly variable, with a steep drop to below 6% in July 2019, then moving mostly between 18% and 26%. This indicates periods of debt restructuring or shifts in longer-term obligations impacting the balance sheet composition.
Total liabilities
Total liabilities showed a gradual decrease from nearly 65% in early 2019 to just under 50% in the most recent periods. This downward trend suggests a reduction in liabilities relative to the company's financing and equity base.
Common stock
Common stock consistently registered at 0% of total liabilities and equity, implying no material changes or negligible weighting in this category relative to the capital structure.
Additional paid-in capital
This component remained the dominant element within stockholders’ equity, ranging mainly between 59% and 79%. Fluctuations around 60%-68% were typical, with some peaks near 79% in mid-2020. The consistency and magnitude suggest the primary source of equity financing.
Treasury stock
Treasury stock values, reported negatively, increased in magnitude over time from around -0.1% to as much as -9.3%, indicating growing treasury stock holdings or share buybacks reducing the overall equity base proportion.
Accumulated other comprehensive income (loss)
This category remained marginal, oscillating close to zero with slight positive and negative values. There are no meaningful long-term trends, suggesting limited impact on total equity from this element.
Accumulated deficit
The accumulated deficit consistently improved from nearly -40% to around -6.6% over the period, showing a notable decrease in retained losses relative to total capital. This indicates improving profitability or retained earnings over time.
Stockholders’ equity
Equity grew steadily from about 35% to over 51% of total liabilities and equity, reflecting a strengthening capital structure. The increase corresponds with the reduction in liabilities and accumulated deficits, supporting overall financial resilience improvements.
Total liabilities and stockholders’ equity
By definition, this sum remained constant at 100%, serving as the baseline for all ratio comparisons.