Fortinet (FRA:FO8) Buildings And Improvements : €656 Mil (As of Mar. 2024)

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What is Fortinet Buildings And Improvements?

Fortinet's quarterly buildings and improvements declined from Sep. 2023 (€554 Mil) to Dec. 2023 (€546 Mil) but then increased from Dec. 2023 (€546 Mil) to Mar. 2024 (€656 Mil).

Fortinet's annual buildings and improvements increased from Dec. 2021 (€368 Mil) to Dec. 2022 (€463 Mil) and increased from Dec. 2022 (€463 Mil) to Dec. 2023 (€546 Mil).

Fortinet Buildings And Improvements Historical Data

The historical data trend for Fortinet's Buildings And Improvements 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 Buildings And Improvements Chart

Fortinet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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132.66

123.79

368.34

462.84

546.07

Fortinet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															472.88	511.25	554.42	546.07	655.50

Fortinet Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Fortinet (FRA:FO8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortinet Inc (FRA:FO8) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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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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