Fortinet Inc (FTNT)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for Fortinet Inc's number of days of payables is not available or provided ("— days") for all the reporting periods from March 31, 2020, to December 31, 2024. Without this specific information, it is not possible to calculate or analyze the number of days of payables for the company.
In financial analysis, the number of days of payables indicates the average number of days a company takes to pay its suppliers, which can reflect the company's payment practices and cash management efficiency. By monitoring this ratio over time, investors and stakeholders can gain insights into how effectively Fortinet Inc manages its accounts payable and liquidity position.
To perform a detailed analysis of Fortinet Inc's number of days of payables, it would be crucial to obtain the actual data for each reporting period mentioned in the JSON, conduct calculations based on accounts payable and cost of goods sold figures from the financial statements, and then interpret the results in the context of industry benchmarks and historical trends within the company.
Peer comparison
Dec 31, 2024
See also:
Fortinet Inc Average Payables Payment Period (Quarterly Data)