Ciena (FRA:CIE1) Change In Inventory : €37 Mil (TTM As of Apr. 2024)

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What is Ciena Change In Inventory?

Ciena's change in inventory for the quarter that ended in Apr. 2024 was €-47 Mil. It means Ciena's inventory increased by €47 Mil from Jan. 2024 to Apr. 2024 .

Ciena's change in inventory for the fiscal year that ended in Oct. 2023 was €-125 Mil. It means Ciena's inventory increased by €125 Mil from Oct. 2022 to Oct. 2023 .

Ciena's Total Inventories for the quarter that ended in Apr. 2024 was €953 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ciena's Days Inventory for the quarter that ended in Apr. 2024 was 174.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ciena's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.52.

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. Ciena's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 1.09.

Ciena Change In Inventory Historical Data

The historical data trend for Ciena'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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Ciena Change In Inventory Chart

Ciena Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

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-102.10

-21.29

-41.00

-597.95

-125.48

Ciena Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Change In Inventory	Get a 7-Day Free Trial															66.50	-90.58	122.97	51.55	-47.36

Ciena 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €37 Mil.

Ciena (FRA:CIE1) Change In Inventory Explanation

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

Ciena's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	928.601	/	486.658	*	365 / 4
	=	174.12

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

Ciena's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	486.658	/	928.601
	=	0.52

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.

Ciena's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	928.601	/	848.89
	=	1.09

Ciena Change In Inventory Related Terms

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Ciena (FRA:CIE1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (FRA:CIE1) » Definitions » Change In Inventory

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CIEN:USA CIEN:Mexico 1CIEN:Italy CIE1:Germany

Address

7035 Ridge Road, Hanover, MD, USA, 21076

Website

https://www.ciena.com

Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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