Fortinet Operating Cycle 2011-2026 | FTNT

Annual Operating Cycle Fortinet

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
214	-	-	157	191	177	163	158	205	201	197	176	126	133

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
214	126	175

Quarterly Operating Cycle Fortinet

2025-Q1	2024-Q4	2024-Q3	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
184	-	199	219	-	-	181	169	-	73	68.6	141	-	133	143	172	-	193	201	191	-	177	179	179	-	163	165	169	-	160	161	181	-	205	207	204	-	198	209	205	-	199	201	191	-	178	182	161	-	123	128	134	-	122	140	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
219	68.6	170

Operating Cycle of other stocks in the Software industry

Issuer	Operating Cycle	Price	% 24h	Market Cap	Country
FireEye, Inc. FEYE	285	-	-3.41 %	$ 4.13 B	USA
ANSYS ANSS	135	-	-	$ 32.7 B	USA
Powerbridge Technologies Co., Ltd. PBTS	81.4	-	2.4 %	$ 115 M	China
Avaya Holdings Corp. AVYA	63.4	-	-	$ 3.47 M	USA
Aware AWRE	62.6	$ 1.31	-5.07 %	$ 27.7 M	USA
Sapiens International Corporation N.V. SPNS	19.2	-	-	$ 2.43 B	Curacao
Alteryx AYX	105	-	-	$ 3.42 B	USA
Borqs Technologies BRQS	23.9	-	-23.51 %	$ 9.87 M	China
Brightcove BCOV	53.9	-	-	$ 192 K	USA
Black Knight BKI	45.3	-	-0.02 %	$ 11.7 B	USA
Aspen Technology AZPN	38.6	-	-	$ 16.8 B	USA
CDK Global CDK	58.5	-	0.06 %	$ 6.34 B	USA
Net Element, Inc. NETE	44.2	-	8.63 %	$ 83.8 M	USA
BlackBerry Limited BB	110	$ 5.5	13.4 %	$ 3.26 B	Canada
Cadence Design Systems CDNS	42.3	$ 318.5	2.4 %	$ 86.4 B	USA
Creative Realities CREX	150	$ 3.87	0.78 %	$ 40.6 M	USA
Altair Engineering ALTR	99.8	-	-	$ 9.4 B	USA
Proofpoint, Inc. PFPT	64.6	-	-	$ 10.1 B	USA
American Software AMSWA	93.8	-	-2.14 %	$ 369 M	USA
Agora API	30.2	$ 3.88	-3.0 %	$ 1.45 B	China
Coupa Software Incorporated COUP	106	-	-	$ 6.12 B	USA
AppFolio APPF	11.8	$ 158.67	1.41 %	$ 5.71 B	USA
Citrix Systems CTXS	112	-	-	$ 13.2 B	USA
Zix Corporation ZIXI	63.5	-	0.12 %	$ 482 M	USA
Domo DOMO	83.6	$ 3.87	1.84 %	$ 140 M	USA
Akamai Technologies AKAM	66	$ 97.62	1.8 %	$ 14.2 B	USA
Digital Turbine APPS	139	$ 3.81	1.6 %	$ 395 M	USA
ChannelAdvisor Corporation ECOM	58.3	-	0.02 %	$ 668 M	USA
Euronet Worldwide EEFT	26.6	$ 75.22	1.1 %	$ 3.15 B	USA
CYREN Ltd. CYRN	10.3	-	-18.15 %	$ 1.77 M	USA
Dropbox DBX	10.8	$ 24.36	0.37 %	$ 6.54 B	USA
Globant S.A. GLOB	76.9	$ 50.6	1.26 %	$ 7.32 B	Luxembourg
Everbridge EVBG	97.3	-	-	$ 1.42 B	USA
EVO Payments EVOP	37.3	-	-	$ 1.77 B	USA
9F JFU	21.1	$ 3.07	7.39 %	$ 723 M	China
CyberArk Software Ltd. CYBR	33.8	-	-	$ 18.1 B	Israel
Viant Technology DSP	172	$ 11.23	-3.27 %	$ 184 M	USA
Five9 FIVN	150	$ 16.24	2.92 %	$ 1.15 B	USA
Kingsoft Cloud Holdings Limited KC	47	$ 18.17	-0.22 %	$ 66.5 B	China
EVERTEC EVTC	59.1	$ 30.98	0.98 %	$ 1.97 B	Puerto-rico
Ebix EBIX	53.5	-	-30.99 %	$ 36.3 M	USA
Fastly FSLY	68.4	-	-	$ 1.27 B	USA
E2open Parent Holdings ETWO	88.6	-	-	$ 1.02 B	USA
Avalara AVLR	49.6	-	-	$ 8.28 B	USA
Evolving Systems EVOL	129	-	-8.47 %	$ 13.9 M	USA
Cloudera, Inc. CLDR	29.9	-	0.06 %	$ 4.74 B	Canada
Datadog DDOG	71.4	$ 129.74	2.47 %	$ 45.1 B	USA
Absolute Software Corporation ABST	101	-	-	$ 811 M	Canada
Bottomline Technologies (de), Inc. EPAY	68.8	-	-	$ 2.56 B	USA
GSE Systems GVP	82	-	-	$ 11.4 M	USA