Arista Networks (LTS:0HHR) Change In Inventory : $-655 Mil (TTM As of Dec. 2023)

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What is Arista Networks Change In Inventory?

Arista Networks's change in inventory for the quarter that ended in Dec. 2023 was $-52 Mil. It means Arista Networks's inventory increased by $52 Mil from Sep. 2023 to Dec. 2023 .

Arista Networks's change in inventory for the fiscal year that ended in Dec. 2023 was $-655 Mil. It means Arista Networks's inventory increased by $655 Mil from Dec. 2022 to Dec. 2023 .

Arista Networks's Total Inventories for the quarter that ended in Dec. 2023 was $1,945 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arista Networks's Days Inventory for the quarter that ended in Dec. 2023 was 323.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arista Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

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. Arista Networks's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.25.

Arista Networks Change In Inventory Historical Data

The historical data trend for Arista Networks'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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Arista Networks Change In Inventory Chart

Arista Networks Annual Data

Trend

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Dec23

Change In Inventory

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20.93

-235.32

-170.45

-638.95

-655.47

Arista Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-189.16	-393.00	-181.63	-29.20	-51.64

Arista Networks 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-655 Mil.

Arista Networks (LTS:0HHR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1919.359	/	541.211	*	365 / 4
	=	323.61

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

Arista Networks's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	541.211	/	1919.359
	=	0.28

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.

Arista Networks's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1919.359	/	1540.437
	=	1.25

Arista Networks Change In Inventory Related Terms

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Arista Networks (LTS:0HHR) Business Description

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ANET:USA ANET:Mexico 117:Germany A1NE34:Brazil ANET:Austria

Address

5453 Great America Parkway, Santa Clara, CA, USA, 95054

Website

https://www.arista.com

Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.

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