Fortinet Inc 's ability to collect accounts receivable sequentially worsen to 5.11, indicating more challenging environment then in the fourth quarter 2025, but still, it is a far cry from any concerns. Fortinet Inc 's Accounts Receivable average collection period in the Mar 31 2026 quarter, has increased to 71 days, from 70 days, in the Dec 31 2025 quarter.

If we take a look into Technology sector 386 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2026 from 2349 to 2546.

What is Receivable Turnover Ratio?
What is Fortinet Inc Selling?

What is Receivable Turnover Ratio?

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FTNT Receivables Turnover Ratio	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter	(Mar 31 2025) I. Quarter
Y / Y Receivable Change	26.59 %	15.57 %	11.9 %	12.21 %	17.85 %
Y / Y Revenue Change	20.1 %	14.77 %	14.36 %	13.58 %	13.83 %
Receivable Turnover Ratio (TTM)	5.11	5.18	5.22	5.18	5.16
FTNT's Total Ranking	# 2546	# 2349	# 2424	# 2278	# 2404
Accounts Receivable average collection period days	71	70	70	71	71
Seq. Receivable Change	-12.12 %	44.76 %	-3.9 %	3.55 %	-19.78 %
Seq. Revenue Change	-2.98 %	10.53 %	5.84 %	5.81 %	-7.29 %

Receivable Turnover Company Ranking
Within:	No.
Computer Peripherals & Office Equipment Industry	# 12
Technology Sector	# 387
Overall Market	# 2546

Receivable Turnover Ratio Statistics
High	Average	Low
6.11	5.08	4.47
(Sep 30 2014)		(Mar 31 2023)

FTNT Company Profile • Back to FTNT Efficiency Comparisons • Compare FTNT Receivables Turnover Ratio to its Competitors

Financial Statements
Fortinet Inc 's Accounts Receivable	$ 1,486 Millions	Visit FTNT's Balance sheet
Fortinet Inc 's Sales TTM	$ 7,108 Millions	Visit FTNT's Income Statement
Sources of FTNT's Revenues		Visit FTNT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Computer Peripherals & Office Equipment Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FTNT's Receivable Turnover Ratio versus Computer Peripherals & Office Equipment Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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FTNT's Growth Rates	FTNT's Roa	FTNT's Inventory Turnover Ratio	FTNT's Dividend Comparisons
FTNT's Profitability Ratios	FTNT's Roi	FTNT's Asset Turnover Ratio	FTNT's Dividend Growth
FTNT's Valuation Ratios	FTNT's Roe	FTNT's Financial Strength Ratios	FTNT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2026, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2026	Receivable at quarter ending Mar 31 2026
Wm Technology Inc	12.91	$ 173.650 Millions	$ 13.449 Millions
Q2 Holdings Inc	12.83	$ 821.607 Millions	$ 64.028 Millions
Hyperscale Data Inc	12.69	$ 169.909 Millions	$ 13.387 Millions
My Size Inc	12.66	$ 9.520 Millions	$ 0.752 Millions
Ubiquiti Inc	12.63	$ 3,095.849 Millions	$ 245.103 Millions
Foxx Development Holdings Inc	12.60	$ 59.541 Millions	$ 4.727 Millions
Moving Image Technologies Inc	12.37	$ 18.224 Millions	$ 1.473 Millions
Silicon Laboratories Inc	12.36	$ 820.204 Millions	$ 66.359 Millions
Coursera Inc	12.32	$ 774.100 Millions	$ 62.825 Millions
8x8 Inc	12.29	$ 735.049 Millions	$ 59.787 Millions
Meta Platforms Inc	12.09	$ 214,963.000 Millions	$ 17,774.250 Millions
Where Food Comes From Inc	11.93	$ 24.356 Millions	$ 2.041 Millions
Monolithic Power Systems Inc	11.90	$ 2,956.576 Millions	$ 248.536 Millions
Blackbaud Inc	11.86	$ 1,139.005 Millions	$ 96.002 Millions
Sypris Solutions Inc	11.84	$ 114.853 Millions	$ 9.703 Millions
Adobe Inc	11.84	$ 24,453.000 Millions	$ 2,066.000 Millions
Ichor Holdings Ltd	11.66	$ 958.511 Millions	$ 82.201 Millions
Ambiq Micro Inc	11.64	$ 96.214 Millions	$ 8.264 Millions
Kyndryl Holdings Inc	11.51	$ 15,092.000 Millions	$ 1,311.500 Millions
Nxp Semiconductors N v	11.45	$ 12,615.000 Millions	$ 1,101.750 Millions
Sidechannel Inc	11.44	$ 6.899 Millions	$ 0.603 Millions
Expensify Inc	11.32	$ 139.456 Millions	$ 12.323 Millions
Lgl Group Inc	10.98	$ 4.336 Millions	$ 0.395 Millions
Bumble Inc	10.98	$ 930.940 Millions	$ 84.789 Millions
Match Group Inc	10.97	$ 3,519.953 Millions	$ 320.856 Millions
Qualcomm Inc	10.86	$ 44,487.000 Millions	$ 4,096.750 Millions
Clearsign Technologies Corporation	10.69	$ 5.024 Millions	$ 0.470 Millions
Everquote Inc	10.62	$ 716.741 Millions	$ 67.518 Millions
Block Inc	10.60	$ 24,478.734 Millions	$ 2,309.010 Millions
Guidewire Software Inc	10.58	$ 1,420.499 Millions	$ 134.257 Millions

Date modified: 2026-08-29T17:22:20+00:00

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