Fortinet Accounts Payable from 2010 to 2025
| FTNT Stock | USD 102.00 2.21 2.21% |
Accounts Payable | First Reported 2007-12-31 | Previous Quarter 177.9 M | Current Value 190.9 M | Quarterly Volatility 70 M |
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 458.5 M, Interest Expense of 14.1 M or Selling General Administrative of 249.7 M, as well as many indicators such as Price To Sales Ratio of 12.73, Dividend Yield of 0.0 or PTB Ratio of 50.76. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
Fortinet | Accounts Payable |
Latest Fortinet's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Fortinet over the last few years. An accounting item on the balance sheet that represents Fortinet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fortinet are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Fortinet's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Fortinet Accounts Payable Regression Statistics
| Arithmetic Mean | 101,976,438 | |
| Geometric Mean | 71,440,096 | |
| Coefficient Of Variation | 74.42 | |
| Mean Deviation | 64,648,297 | |
| Median | 86,400,000 | |
| Standard Deviation | 75,894,059 | |
| Sample Variance | 5759.9T | |
| Range | 234.9M | |
| R-Value | 0.95 | |
| Mean Square Error | 658.1T | |
| R-Squared | 0.89 | |
| Slope | 15,067,010 | |
| Total Sum of Squares | 86398.6T |
Fortinet Accounts Payable History
About Fortinet Financial Statements
Fortinet shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 190.9 M | 200.4 M |
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Additional Tools for Fortinet Stock Analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.