Adtran Networks SE (Adtran Networks SE) Change In Inventory : $-29.3 Mil (TTM As of Jun. 2023)

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What is Adtran Networks SE Change In Inventory?

Adtran Networks SE's change in inventory for the quarter that ended in Jun. 2023 was $3.9 Mil. It means Adtran Networks SE's inventory declined by $3.9 Mil from Mar. 2023 to Jun. 2023 .

Adtran Networks SE's change in inventory for the fiscal year that ended in Dec. 2023 was $24.6 Mil. It means Adtran Networks SE's inventory declined by $24.6 Mil from Dec. 2022 to Dec. 2023 .

Adtran Networks SE's Total Inventories for the quarter that ended in Jun. 2023 was $177.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adtran Networks SE's Days Inventory for the quarter that ended in Jun. 2023 was 135.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adtran Networks SE's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.67.

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 Networks SE's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.97.

Adtran Networks SE Change In Inventory Historical Data

The historical data trend for Adtran Networks SE'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.

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Adtran Networks SE Change In Inventory Chart

Adtran Networks SE Annual Data

Trend

Dec14

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Dec23

Change In Inventory

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-21.80

18.53

-44.16

-69.29

24.60

Adtran Networks SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-18.95	-17.60	3.32	3.93	-

Adtran Networks SE Change In Inventory Calculation

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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-29.3 Mil.

Adtran Networks SE (OTCPK:ADVOF) Change In Inventory Explanation

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

Adtran Networks SE's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	178.1055	/	119.701	*	365 / 4
	=	135.77

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

Adtran Networks SE's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	119.701	/	178.1055
	=	0.67

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.

Adtran Networks SE's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	178.1055	/	184.386
	=	0.97

Adtran Networks SE Change In Inventory Related Terms

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Adtran Networks SE (Adtran Networks SE) Business Description

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0NOL:UK ADV:Germany ADV:Austria

Address

Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152

Website

https://www.adva.com

Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.

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