Days Inventory is also known as Days Sales of Inventory (DSI). Adtran Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $368 Mil. Adtran Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $147 Mil.
Hence, Adtran Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 228.50.
The historical rank and industry rank for Adtran Holdings's Days Inventory or its related term are showing as below:
ADTN'
s Days Inventory Range Over the Past 10 Years
Min: 97.22 Med: 120.47 Max: 178.64
Current: 178.64
During the past 13 years, Adtran Holdings's highest Days Inventory was 178.64. The lowest was 97.22. And the median was 120.47.
ADTN's Days Inventory is ranked worse than 75.6% of 2406
companies
in the Hardware industry
Industry Median: 104.06
vs ADTN: 178.64
Adtran Holdings's Days Inventory
increased
from Dec. 2022 (153.44) to Dec. 2023 (228.50).
It might indicate that Adtran Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Adtran Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.40.
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.
Adtran Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.63.
Adtran Holdings Days Inventory Historical Data
The historical data trend for Adtran Holdings'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.
For the Communication Equipment subindustry, Adtran Holdings'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.
Adtran Holdings Days Inventory Distribution
For the Hardware industry and Technology sector, Adtran Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Adtran Holdings's Days Inventory falls into.
Adtran Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Adtran Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Adtran Holdings (NAS:ADTN) 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.
Adtran Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Adtran Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
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.
Adtran Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Adtran Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Adtran Holdings (Adtran Holdings) Business Description
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.
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