Fortinet Inc (FTNT)

Number of days of payables

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Payables turnover
Number of days of payables days

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Based on the provided data for Fortinet Inc, the number of days of payables is not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This information is crucial for understanding how long the company takes to pay its suppliers, manage its working capital, and its relationship with vendors. Although the specific number of days of payables is not provided in the dataset, it would typically be used in conjunction with other financial ratios to assess Fortinet Inc's liquidity, operational efficiency, and overall financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Number of days of payables
Fortinet Inc
FTNT
Corsair Gaming Inc
CRSR
Palo Alto Networks Inc
PANW
7.51
Xerox Corp
XRX
196.73

See also:

Fortinet Inc Average Payables Payment Period