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Ciena's change in working capital for the quarter that ended in Jul. 2026 was MXN-4,954 Mil.
Ciena's change in working capital for the fiscal year that ended in Oct. 2025 was MXN4,295 Mil.
It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).
The historical data trend for Ciena's Change In Working Capital 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.
Change In Working Capital for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-4,266 Mil.
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.
Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net
(566)
(614)
(796)
Inventories
(1,667)
(2,759)
(3,727)
Accounts payable
531
1,061
2,687
Accrued liabilities
103
271
(935)
Accrued income taxes
(1,224)
981
994
For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) 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.
What does a Change In Working Capital of MXN-4,266 Mil mean?
Ciena (MEX:CIEN) has a Change In Working Capital of MXN-4,266 Mil as of Jul. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Ciena.
Is Ciena's Change In Working Capital too high?
Ciena's current Change In Working Capital is MXN-4,266 Mil. Overall, Ciena has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ciena's Change In Working Capital compare to HPE and UI?
Ciena's Change In Working Capital of MXN-4,266 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 Working Capital for a Hardware company?
A good Change In Working Capital depends on the Hardware industry context. However, Change In Working Capital 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 Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Ciena. Ciena's current Change In Working Capital is MXN-4,266 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciena stock overvalued right now?
Based on GuruFocus' analysis, Ciena (MEX:CIEN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,775.93, compared to a current price of MXN5,696.00 — trading 220.7% above its estimated fair value. The current Change In Working Capital is MXN-4,266 Mil. Ciena's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Ciena (MEX:CIEN), the current Change In Working Capital is MXN-4,266 Mil as of Jul. 2026. 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.
Is Ciena (MEX:CIEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ciena stock appears to be overvalued.
The current stock price of MXN5,696.00 is trading 220.7% above its estimated GF Value™ of MXN1,775.93.
GuruFocus considers Ciena to be Significantly Overvalued.
Key valuation signals for MEX:CIEN:
Change In Working Capital: MXN-4,266 Mil
GF Value™: MXN1,775.93 vs. price of MXN5,696.00 (220.7% above fair value)
No single metric tells the full story. See the MEX:CIEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.
67GF Score
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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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