Ciena's change in inventory for the quarter that ended in Jan. 2024 was $56 Mil. It means Ciena's inventory
declined by $56 Mil
from Oct. 2023 to Jan. 2024 .
Ciena's change in inventory for the fiscal year that ended in Oct. 2023 was $-132 Mil. It means Ciena's inventory
increased by $132 Mil
from Oct. 2022 to Oct. 2023 .
Ciena's Total Inventories for the quarter that ended in Jan. 2024 was $985 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ciena's Days Inventory for the quarter that ended in Jan. 2024 was 162.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ciena's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.56.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Ciena's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.98.
Ciena Change In Inventory Historical Data
The historical data trend for Ciena's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $159 Mil.
* 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.
Ciena (NYSE:CIEN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ciena's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Ciena's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as
* 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.
Ciena Change In Inventory Related Terms
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Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.
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