Fortinet Days Of Inventory Outstanding from 2010 to 2024

FTNT Stock  USD 93.12  0.35  0.38%   
Fortinet Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortinet Days Of Inventory Outstanding quarterly data regression had r-value of  0.53 and coefficient of variation of  29.97. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
143.02618817
Current Value
150.18
Quarterly Volatility
28.16871862
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Fortinet over the last few years. It is Fortinet's Days Of Inventory Outstanding 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.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Fortinet Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean94.00
Geometric Mean90.08
Coefficient Of Variation29.97
Mean Deviation21.28
Median89.52
Standard Deviation28.17
Sample Variance793.48
Range98.0371
R-Value0.53
Mean Square Error613.83
R-Squared0.28
Significance0.04
Slope3.34
Total Sum of Squares11,109

Fortinet Days Of Inventory Outstanding History

2024 150.18
2023 143.03
2022 89.02
2021 81.95
2020 89.52
2019 85.06
2018 72.94

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, 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 ReportedProjected for Next Year
Days Of Inventory Outstanding 143.03  150.18 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.