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Finisar (Finisar) Inventory-to-Revenue : 1.09 (As of Jul. 2019)


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What is Finisar Inventory-to-Revenue?

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. Finisar's Average Total Inventories for the quarter that ended in Jul. 2019 was $310 Mil. Finisar's Revenue for the three months ended in Jul. 2019 was $285 Mil. Finisar's Inventory-to-Revenue for the quarter that ended in Jul. 2019 was 1.09.

Finisar's Inventory-to-Revenue for the quarter that ended in Jul. 2019 increased from Apr. 2019 (0.98) to Apr. 2019 (1.09)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Finisar's Days Inventory for the three months ended in Jul. 2019 was 141.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finisar's Inventory Turnover for the quarter that ended in Jul. 2019 was 0.64.


Finisar Inventory-to-Revenue Historical Data

The historical data trend for Finisar's Inventory-to-Revenue 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.

Finisar Inventory-to-Revenue Chart

Finisar Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.21 0.26 0.25

Finisar Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.98 0.94 0.98 1.09

Competitive Comparison of Finisar's Inventory-to-Revenue

For the Communication Equipment subindustry, Finisar's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Finisar's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Finisar's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Finisar's Inventory-to-Revenue falls into.



Finisar Inventory-to-Revenue Calculation

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.

Finisar's Inventory-to-Revenue for the fiscal year that ended in Apr. 2019 is calculated as

Inventory-to-Revenue (A: Apr. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2018 ) + Total Inventories (A: Apr. 2019 )) / count ) / Revenue (A: Apr. 2019 )
=( (348.527 + 299.028) / 2 ) / 1280.48
=323.7775 / 1280.48
=0.25

Finisar's Inventory-to-Revenue for the quarter that ended in Jul. 2019 is calculated as

Inventory-to-Revenue (Q: Jul. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2019 ) + Total Inventories (Q: Jul. 2019 )) / count ) / Revenue (Q: Jul. 2019 )
=( (299.028 + 320.555) / 2 ) / 285.028
=309.7915 / 285.028
=1.09

* 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.


Finisar  (NAS:FNSR) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Finisar's Days Inventory for the three months ended in Jul. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2019 )/Cost of Goods Sold (Q: Jul. 2019 )*Days in Period
=309.7915/199.763*365 / 4
=141.51

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

Finisar's Inventory Turnover for the quarter that ended in Jul. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2019 ) / Average Total Inventories (Q: Jul. 2019 )
=199.763 / 309.7915
=0.64

* 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.


Finisar Inventory-to-Revenue Related Terms

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Finisar (Finisar) Business Description

Traded in Other Exchanges
N/A
Address
1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089
Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.
Executives
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet director
Jerry S Rawls director 1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens director 3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema officer: EVP & Chief Financial Officer 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston director, officer: CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel director, officer: CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi director C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089