Fortinet (Fortinet) Accounts Payable : $135 Mil (As of Mar. 2024)

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What is Fortinet Accounts Payable?

Fortinet's Accounts Payable for the quarter that ended in Mar. 2024 was $135 Mil.

Fortinet's quarterly Accounts Payable declined from Sep. 2023 ($254 Mil) to Dec. 2023 ($204 Mil) and declined from Dec. 2023 ($204 Mil) to Mar. 2024 ($135 Mil).

Fortinet's annual Accounts Payable increased from Dec. 2021 ($148 Mil) to Dec. 2022 ($243 Mil) but then declined from Dec. 2022 ($243 Mil) to Dec. 2023 ($204 Mil).

Fortinet Accounts Payable Historical Data

The historical data trend for Fortinet's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortinet Accounts Payable Chart

Fortinet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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96.40

141.60

148.40

243.40

204.30

Fortinet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															238.40	238.30	253.90	204.30	135.20

Fortinet Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Fortinet Accounts Payable Related Terms

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Fortinet (Fortinet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortinet Inc (NAS:FTNT) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

FTNT:Mexico FO8:Germany FO8:Germany F1TN34:Brazil

Address

899 Kifer Road, Sunnyvale, CA, USA, 94086

Website

https://www.fortinet.com

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.

Executives

Ken Xie	director, officer: President & CEO	4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
Patrice Perche	officer: Chief Revenue Off./EVP Supp.	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Michael Xie	director, officer: VP, Engineering & CTO	1090 KIFER ROAD, SUNNYVALE CA 94086
William H. Neukom	director	C/O FORTINET, INC., 1090 KIFER ROAD, SUNNYVALE CA 94086
Keith Jensen	officer: Chief Accounting Officer	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94068
John Whittle	officer: VP & General Counsel	1090 KIFER ROAD, SUNNYVALE CA 94086
James G. Stavridis	director	C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Christopher B Paisley	director	14870 THREE OAKS COURT, SARATOGA CA 95070
Jean X. Hu	director	2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kelly Ducourty	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Cohen Peter Dale Jr.	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Ming Hsieh	director	4399 SANTA ANITA AVE., EL MONTE CA 91731
Judith Sim	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Del Matto Andrew H	officer: Chief Financial Officer	350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Gary Locke	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086