Fortinet

Fortinet Payables Turnover

The Payables Turnover Ratio of Fortinet (FTNT) as of Nov 9, 2026 is 5.64. In the previous year, Payables Turnover Ratio was 6.06 — a change of -6.93% (lower).

Payables Turnover

5.64

YoY

-6.93%

Last updated:

Payables Turnover Ratio of Fortinet is 2025 5.64 . Payables Turnover Ratio of Fortinet was 2024 6.06 . It decreases by -6.93% lower compared to the previous year.

The Fortinet Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2018
5.21 USD
Jan 1, 2019
5.25 USD
Jan 1, 2020
4.03 USD
Jan 1, 2021
5.28 USD
Jan 1, 2022
4.46 USD
Jan 1, 2023
6.06 USD
Jan 1, 2024
6.06 USD
Jan 1, 2025
5.64 USD
The Fortinet Payables Turnover history
YEARPayables TurnoverYoY
5.64-6.93%
6.06+0.13%
6.06+35.86%
4.46-15.52%
5.28+31.07%
4.03-23.29%
5.25+0.67%
5.21-5.29%
5.50-7.56%
5.95+27.69%
4.66+0.82%
4.63—

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Fortinet Stock analysis

What does Fortinet do? Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future. Fortinet is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fortinet stock

Payables Turnover Ratio of Fortinet is 5.64 in 2025.

Payables Turnover Ratio of Fortinet changed from 6.06 to 5.64, representing a -6.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Payables Turnover Ratio Fortinet since 2006 – with annual values, charts, and detailed analysis.

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Payables Turnover Ratio's Fortinet with sector peers and the industry average to assess whether it is attractive.

To evaluate Payables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Payables Turnover Ratio.

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Profitability — Fortinet

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