Infinera (Infinera) Days Inventory

: 172.38 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Infinera's Average Total Inventories for the three months ended in Sep. 2023 was $442 Mil. Infinera's Cost of Goods Sold for the three months ended in Sep. 2023 was $234 Mil. Hence, Infinera's Days Inventory for the three months ended in Sep. 2023 was 172.38.

The historical rank and industry rank for Infinera's Days Inventory or its related term are showing as below:

INFN' s Days Inventory Range Over the Past 10 Years
Min: 110.35 Med: 126.1 Max: 164.47
Current: 143.63

During the past 13 years, Infinera's highest Days Inventory was 164.47. The lowest was 110.35. And the median was 126.10.

INFN's Days Inventory is ranked worse than
65.75% of 2406 companies
in the Hardware industry
Industry Median: 104.06 vs INFN: 143.63

Infinera's Days Inventory increased from Sep. 2022 (114.17) to Sep. 2023 (172.38). It might indicate that Infinera's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Infinera's Inventory Turnover for the three months ended in Sep. 2023 was 0.53.

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. Infinera's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.13.

Infinera Days Inventory Historical Data

The historical data trend for Infinera's Days 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.

* Premium members only.

Infinera Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

154.45

122.36

117.53

110.35

117.19

Infinera Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory																114.17	105.45	146.60	164.24	172.38

Competitive Comparison

For the Communication Equipment subindustry, Infinera's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Infinera Days Inventory Distribution

For the Hardware industry and Technology sector, Infinera's Days Inventory distribution charts can be found below:

* The bar in red indicates where Infinera's Days Inventory falls into.

Infinera Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Infinera's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (291.367	+	374.855)	/	2 )	/	1037.466	*	365
=	333.111					/	1037.466	*	365
=	117.19

Infinera's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (427.386	+	456.88)	/	2 )	/	234.049	*	365 / 4
=	442.133					/	234.049	*	365 / 4
=	172.38

Infinera (NAS:INFN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Infinera's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	234.049	/	442.133
	=	0.53

2. 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.

Infinera's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	442.133	/	392.369
	=	1.13

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Infinera Days Inventory Related Terms

Thank you for viewing the detailed overview of Infinera's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinera (Infinera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Infinera Corp (NAS:INFN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

INFN:Mexico IX6:Germany IX6:Germany

Address

6373 San Ignacio Avenue, San Jose, CA, USA, 95119

Website

https://www.infinera.com

Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

Executives

Michael H Fernicola	officer: Chief Accounting Officer	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David W Heard	officer: GM, Products and Solutions	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
George Andrew Riedel	director	C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Paul J Milbury	director
David F Welch	officer: Chief Mkting & Strategy Ofcr	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Nicholas Walden	officer: SVP, Worldwide Sales	140 CASPIAN COURT, SUNNYVALE CA 94089
Roop Kalyan Lakkaraju	director	BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Christine Bucklin	director	608 30TH STREET, MANHATTAN BEACH CA 90266
Thomas J Fallon	officer: Chief Operating Officer	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Mark A Wegleitner	director	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Hooshmand Kambiz	director	6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Amy H. Rice	director	333 SOUTH GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3