Days Inventory is also known as Days Sales of Inventory (DSI). Ribbon Communications's Average Total Inventories for the
three
months ended in Dec. 2023 was $73.9 Mil. Ribbon Communications's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $104.7 Mil.
Hence, Ribbon Communications's Days Inventory for the
three
months ended in Dec. 2023 was 64.37.
The historical rank and industry rank for Ribbon Communications's Days Inventory or its related term are showing as below:
RBBN'
s Days Inventory Range Over the Past 10 Years
Min: 27.74 Med: 56.33 Max: 88.9
Current: 65.13
During the past 13 years, Ribbon Communications's highest Days Inventory was 88.90. The lowest was 27.74. And the median was 56.33.
RBBN's Days Inventory is ranked worse than 85.23% of 298
companies
in the Telecommunication Services industry
Industry Median: 19.14
vs RBBN: 65.13
Ribbon Communications's Days Inventory
increased
from Dec. 2022 (55.57) to Dec. 2023 (64.37).
It might indicate that Ribbon Communications's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ribbon Communications's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.42.
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.
Ribbon Communications's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.33.
Ribbon Communications Days Inventory Historical Data
The historical data trend for Ribbon Communications'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 Telecom Services subindustry, Ribbon Communications'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.
Ribbon Communications Days Inventory Distribution
For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ribbon Communications's Days Inventory falls into.
Ribbon Communications Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ribbon Communications'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.
Ribbon Communications (NAS:RBBN) 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.
Ribbon Communications'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.
Ribbon Communications'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.
Ribbon Communications Days Inventory Related Terms
Thank you for viewing the detailed overview of Ribbon Communications's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ribbon Communications (Ribbon Communications) Business Description
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.
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