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RBBN (Ribbon Communications) Days Inventory : 64.16 (As of Dec. 2024)


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What is Ribbon Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ribbon Communications's Average Total Inventories for the three months ended in Dec. 2024 was $78.2 Mil. Ribbon Communications's Cost of Goods Sold for the three months ended in Dec. 2024 was $111.3 Mil. Hence, Ribbon Communications's Days Inventory for the three months ended in Dec. 2024 was 64.16.

The historical rank and industry rank for Ribbon Communications's Days Inventory or its related term are showing as below:

RBBN' s Days Inventory Range Over the Past 10 Years
Min: 27.74   Med: 56.33   Max: 88.9
Current: 72.93

During the past 13 years, Ribbon Communications's highest Days Inventory was 88.90. The lowest was 27.74. And the median was 56.33.

RBBN's Days Inventory is ranked worse than
74.33% of 1574 companies
in the Software industry
Industry Median: 19.93 vs RBBN: 72.93

Ribbon Communications's Days Inventory declined from Dec. 2023 (64.37) to Dec. 2024 (64.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ribbon Communications's Inventory Turnover for the three months ended in Dec. 2024 was 1.42.

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. Ribbon Communications's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.31.


Ribbon Communications Days Inventory Historical Data

The historical data trend for Ribbon Communications's Days 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.

* Premium members only.

Ribbon Communications Days Inventory Chart

Ribbon Communications Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.12 45.50 56.41 66.73 72.52

Ribbon Communications Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.37 82.33 77.03 70.98 64.16

Competitive Comparison of Ribbon Communications's Days Inventory

For the Software - Application subindustry, Ribbon Communications's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ribbon Communications's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Ribbon Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ribbon Communications's Days Inventory falls into.


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Ribbon Communications Days Inventory Calculation

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

Ribbon Communications's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (77.521 + 79.179) / 2 ) / 394.369*365
=78.35 / 394.369*365
=72.52

Ribbon Communications's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (77.316 + 79.179) / 2 ) / 111.286*365 / 4
=78.2475 / 111.286*365 / 4
=64.16

* 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.


Ribbon Communications  (NAS:RBBN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Ribbon Communications's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

2. 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.

Ribbon Communications's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Ribbon Communications Days Inventory Related Terms

Thank you for viewing the detailed overview of Ribbon Communications's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ribbon Communications Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions to service providers and enterprises. The company enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. The company has two separate lines of business; the Cloud and Edge segment, and the IP Optical Networks segment. The majority of the revenue for the company is generated from its Cloud and Edge segment that provides secure and reliable software and hardware products, solutions, and services for VoIP communications, Voice Over LTE among others to service providers and enterprise customers. The company generates majority of its revenue from United States.
Executives
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Bruns H Grayson director 950 WINTER STREET, WALTHAM MA 02451
Miguel A Lopez officer: EVP, CFO HARRIS CORPORATION, 1025 W NASA BOULEVARD, MELBOURNE FL 32919
Bruce William Mcclelland director, officer: President & CEO 3871 LAKEFIELD DRIVE, SUWANEE GA 30024
Patrick W Macken officer: EVP, Chief Legal Officer 4515 THREE CHIMNEYS LANE, CUMMING GA 30041
Dan Redington officer: EVP of Global Sales 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Scott Mair director 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Swarth Investments Inc. 10 percent owner NEWPORT HOUSE, 15 THE GRANGE, ST PETER PORT Y7 GY1 4LA
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Sam Bucci officer: EVP & GM IP Optical Networks 3605 E PLANO PARKWAY, PLANO TX 75074
Stephen J. Mccaffery officer: EVP EMEAS and APAC Sales VICTORIA ROAD, WEST YORKSHIRE, SALTAIRE X0 BD183LF
Eric S Marmurek officer: SVP, Finance & CAO C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Krish A Prabhu director
Anthony Scarfo officer: EVP & GM, Cloud & Edge BU C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Tanya Tamone director 3605 E PLANO PARKWAY, PLANO TX 75074