Fortinet (LTS:0IR9) Accounts Payable : $135 Mil (As of Mar. 2024)

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What is Fortinet Accounts Payable?

Fortinet's Accounts Payable for the quarter that ended in Mar. 2024 was $135 Mil.

Fortinet's quarterly Accounts Payable declined from Sep. 2023 ($254 Mil) to Dec. 2023 ($204 Mil) and declined from Dec. 2023 ($204 Mil) to Mar. 2024 ($135 Mil).

Fortinet's annual Accounts Payable increased from Dec. 2021 ($148 Mil) to Dec. 2022 ($243 Mil) but then declined from Dec. 2022 ($243 Mil) to Dec. 2023 ($204 Mil).

Fortinet Accounts Payable Historical Data

The historical data trend for Fortinet's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortinet Accounts Payable Chart

Fortinet Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec21

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Dec23

Accounts Payable

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96.40

141.60

148.40

243.40

204.30

Fortinet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															238.40	238.30	253.90	204.30	135.20

Fortinet Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Fortinet Accounts Payable Related Terms

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Fortinet (LTS:0IR9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortinet Inc (LTS:0IR9) » Definitions » Accounts Payable

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Traded in Other Exchanges

FTNT:USA FTNT:Mexico FO8:Germany F1TN34:Brazil

Address

899 Kifer Road, Sunnyvale, CA, USA, 94086

Website

https://www.fortinet.com

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.

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