PALO ALTO NETWORKS, INC (PANW) FY2024 Q3 Statement of Cash Flows
2024-02-01 to 2024-04-30
Statement of Cash Flows
2024-02-01 to 2024-04-30
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Chart details
PALO ALTO NETWORKS, INC cash flow reconciliation, Feb 1, 2024 through Apr 30, 2024
Cash flows for Feb 1, 2024 through Apr 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jan 31, 2024. Ending cash: Apr 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.
- Beginning cash on Jan 31, 2024
- 1,789,300,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- Operating activities
- 528,900,000 US dollars. Net cash provided.
- Net income
- 278,800,000 US dollars
- Accrued compensation
- negative 66,700,000 US dollars
- Financing receivables, net
- negative 369,400,000 US dollars
- Accounts receivable, net
- 180,900,000 US dollars
- Amortization of deferred contract costs
- 110,300,000 US dollars
- Deferred income taxes
- negative 127,000,000 US dollars
- Reduction of operating lease right-of-use assets
- 14,600,000 US dollars
- Accrued and other liabilities
- 27,600,000 US dollars
- Accounts payable
- negative 67,800,000 US dollars
- Amortization of debt issuance costs
- 800,000 US dollars
- Share-based compensation for equity-based awards
- 263,500,000 US dollars
- Deferred contract costs
- negative 125,900,000 US dollars
- Depreciation and amortization
- 74,300,000 US dollars
- Deferred revenue
- 349,200,000 US dollars
- Amortization of investment premiums, net of accretion of purchase discounts
- negative 15,600,000 US dollars
- Prepaid expenses and other assets
- 1,300,000 US dollars
- Investing activities
- 113,100,000 US dollars. Net cash provided.
- Proceeds from sales of investments
- 69,600,000 US dollars
- Business acquisitions, net of cash and restricted cash acquired
- 0 US dollars
- Proceeds from maturities of investments
- 556,000,000 US dollars
- Purchases of property, equipment, and other assets
- negative 37,400,000 US dollars
- Purchases of investments
- negative 475,100,000 US dollars
- Financing activities
- negative 1,049,400,000 US dollars. Net cash used.
- Repayments of convertible senior notes
- negative 661,800,000 US dollars
- Repurchases of common stock
- negative 500,000,000 US dollars
- Proceeds from sales of shares through employee equity incentive plans
- 115,800,000 US dollars
- Payments for taxes related to net share settlement of equity awards
- negative 3,400,000 US dollars
- Operating adjustment reconciliation
- 1,022,500,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- financing gross reconciliation
- 1,165,200,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- investing gross reconciliation
- 625,600,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- Exchange-rate effect
- 0 US dollars
- Ending cash on Apr 30, 2024
- 1,381,900,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- Cash sources and uses
- 2,431,300,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- negative 407,400,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- 1.90×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- Operating cash flow
- 528,900,000 US dollars. Operating cash flow used in the free cash flow calculation.
- cash spent on productive assets
- 37,400,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 491,500,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.
Chart connections
- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $250.10M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash spent on productive assets equals free cash flow: 528,900,000 US dollars minus 37,400,000 US dollars equals 491,500,000 US dollars.
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