Fortinet Cash Conversion Cycle from 2010 to 2025
| FTNT Stock | USD 104.72 0.35 0.33% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 161.3 | Current Value 83.86 | Quarterly Volatility 29.83687318 |
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 458.5 M, Interest Expense of 13.6 M or Selling General Administrative of 255.1 M, as well as many indicators such as Price To Sales Ratio of 12.73, Dividend Yield of 0.0 or Free Cash Flow Yield of 0.0506. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
Fortinet | Cash Conversion Cycle |
Latest Fortinet's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Fortinet over the last few years. It is Fortinet's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Fortinet Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 110.09 | |
| Geometric Mean | 106.64 | |
| Coefficient Of Variation | 27.10 | |
| Mean Deviation | 21.98 | |
| Median | 103.81 | |
| Standard Deviation | 29.84 | |
| Sample Variance | 890.24 | |
| Range | 110 | |
| R-Value | 0.43 | |
| Mean Square Error | 777.22 | |
| R-Squared | 0.19 | |
| Significance | 0.1 | |
| Slope | 2.70 | |
| Total Sum of Squares | 13,354 |
Fortinet Cash Conversion Cycle History
About Fortinet Financial Statements
Fortinet shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 161.30 | 83.86 |
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Additional Tools for Fortinet Stock Analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.