Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory
Fortinet, Inc. (FTNT) had Inventory Turnover of 2.55 for the most recently reported fiscal year, ending 2023-12-31.
| Income Statement Financials | |
$5.30B |
|
$1.15B |
|
$1.24B |
|
$4.07B |
|
$4.06B |
|
$1.24B |
|
$92.60M |
|
$1.33B |
|
$1.33B |
|
$1.19B |
|
$1.15B |
|
$1.15B |
|
$1.19B |
|
$1.24B |
|
$1.59B |
|
778.60M |
|
788.20M |
|
$1.47 |
|
$1.46 |
|
| Balance Sheet Financials | |
$4.43B |
|
$1.04B |
|
$2.83B |
|
$7.26B |
|
$3.72B |
|
$992.30M |
|
$4.00B |
|
$7.72B |
|
$-463.40M |
|
$-625.20M |
|
$-463.40M |
|
761.00M |
|
| Cash Flow Statement Financials | |
$1.94B |
|
$-649.30M |
|
$-1.57B |
|
$1.68B |
|
$1.40B |
|
$-285.00M |
|
$249.00M |
|
-- |
|
-- |
|
| Fundamental Metrics & Ratios | |
1.19 |
|
-- |
|
-- |
|
1.88 |
|
-2.14 |
|
76.68% |
|
23.40% |
|
23.40% |
|
30.03% |
|
25.14% |
|
21.64% |
|
$1.73B |
|
-- |
|
-- |
|
-- |
|
0.73 |
|
|
Inventory Turnover |
2.55 |
3.78 |
|
96.47 |
|
-247.69% |
|
-183.59% |
|
15.81% |
|
217.02% |
|
$-0.61 |
|
$2.20 |
|
$2.46 |
|