Accounts Payable - Fortinet Inc (NASDAQ:FTNT) - Alpha Spread

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Fortinet Inc
Accounts Payable

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10-Years 10-Y CAGR

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Fortinet Inc
Accounts Payable Peer Comparison

ORCL

NOW

PANW

MSFT

CRWD

Company		Accounts Payable	CAGR 3Y	CAGR 5Y	CAGR 10Y
	Fortinet Inc NASDAQ:FTNT	Accounts Payable $135.2m	CAGR 3-Years 1%	CAGR 5-Years 14%	CAGR 10-Years 17%
	Oracle Corp NYSE:ORCL	Accounts Payable $1.7B	CAGR 3-Years 27%	CAGR 5-Years 22%	CAGR 10-Years 15%
	ServiceNow Inc NYSE:NOW	Accounts Payable $223m	CAGR 3-Years 27%	CAGR 5-Years 42%	CAGR 10-Years 26%
	Palo Alto Networks Inc NASDAQ:PANW	Accounts Payable $178.8m	CAGR 3-Years 58%	CAGR 5-Years 45%	CAGR 10-Years 33%
	Microsoft Corp NASDAQ:MSFT	Accounts Payable $18.1B	CAGR 3-Years 10%	CAGR 5-Years 19%	CAGR 10-Years 15%
	CrowdStrike Holdings Inc NASDAQ:CRWD	Accounts Payable $28.2m	CAGR 3-Years 33%	CAGR 5-Years 33%	CAGR 10-Years N/A

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Based on the financial report for Mar 31, 2024, Fortinet Inc's Accounts Payable amounts to 135.2m USD.

Over the last year, the Accounts Payable growth was -43%. The average annual Accounts Payable growth rates for Fortinet Inc have been 1% over the past three years , 14% over the past five years , and 17% over the past ten years .

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