Fortinet Days Of Sales Outstanding from 2010 to 2024

FTNT Stock  USD 93.12  0.35  0.38%   
Fortinet Days Of Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Sales Outstanding will likely drop to 68.90 in 2024. From the period from 2010 to 2024, Fortinet Days Of Sales Outstanding quarterly data regression had r-value of  0.51 and coefficient of variation of  13.24. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
96.46546524
Current Value
68.9
Quarterly Volatility
11.41347885
 
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.
  
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Latest Fortinet's Days Of Sales Outstanding Growth Pattern

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

Fortinet Days Of Sales Outstanding Regression Statistics

Arithmetic Mean86.22
Geometric Mean85.48
Coefficient Of Variation13.24
Mean Deviation8.99
Median88.21
Standard Deviation11.41
Sample Variance130.27
Range39.6977
R-Value0.51
Mean Square Error104.40
R-Squared0.26
Significance0.05
Slope1.29
Total Sum of Squares1,824

Fortinet Days Of Sales Outstanding History

2024 68.9
2023 96.47
2022 104.25
2021 88.21
2020 101.3
2019 92.14
2018 90.07

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Days Of Sales 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 Sales Outstanding 96.47  68.90 

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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.