XCOMQ (Xtera Communications) Change In Inventory: $-7.15 Mil (TTM As of Jun. 2016)

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What is Xtera Communications Change In Inventory?

Xtera Communications XCOMQ -99.00% Change In Inventory is $-7.15 Mil as of Jun. 2016.

Xtera Communications's change in inventory for the quarter that ended in Jun. 2016 was $-2.42 Mil. It means Xtera Communications's inventory increased by $2.42 Mil from Mar. 2016 to Jun. 2016 .

Xtera Communications's change in inventory for the fiscal year that ended in Sep. 2015 was $-2.85 Mil. It means Xtera Communications's inventory increased by $2.85 Mil from Sep. 2014 to Sep. 2015 .

Xtera Communications's Total Inventories for the quarter that ended in Jun. 2016 was $11.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xtera Communications's Days Inventory for the quarter that ended in Jun. 2016 was 59.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xtera Communications's Inventory Turnover for the quarter that ended in Jun. 2016 was 1.54.

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. Xtera Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 2.32.

Xtera Communications  (OTCPK:XCOMQ) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=12.395/19.121*365 / 4
=59.15

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

Xtera Communications's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=19.121 / 12.395
=1.54

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.

Xtera Communications's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=12.395 / 5.347
=2.32

* 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.

Xtera Communications Change In Inventory Related Terms

Xtera Communications Change In Inventory Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Change In Inventory Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Change In Inventory
-4.08 3.52 -2.85

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Change In Inventory Get a 7-Day Free Trial Premium Member Only -1.58 -0.43 -1.53 -2.76 -2.42

Xtera Communications 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.15 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-7.15 Mil mean?
Xtera Communications (XCOMQ) has a Change In Inventory of $-7.15 Mil as of Jun. 2016. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Xtera Communications and its competitors.
Is Xtera Communications' Change In Inventory too high?
Xtera Communications' current Change In Inventory is $-7.15 Mil.
How does Xtera Communications' Change In Inventory compare to TAIT and AEY?
Xtera Communications' Change In Inventory of $-7.15 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Xtera Communications and its competitors. Xtera Communications's current Change In Inventory is $-7.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Change In Inventory of $-7.15 Mil. The current Change In Inventory is $-7.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Xtera Communications (XCOMQ), the current Change In Inventory is $-7.15 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.