CienaMIL:1CIEN +1.45%53 Days Payable is 59.74 as of Apr. 2026, which is 3% below its 10-year median of 61.61. GuruFocus rates MIL:1CIEN with a GF Score™ of 53/100 and a GF Value™ of €80.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,436 Hardware companies, Ciena ranks worse than 59.4% on this metric.
Ciena's average Accounts Payable for the
three
months ended in Apr. 2026 was €492 Mil. Ciena's Cost of Goods Sold for the
three
months ended in Apr. 2026 was €752 Mil.
Hence, Ciena's Days Payable for the
three
months ended in Apr. 2026 was 59.74.
The historical rank and industry rank for Ciena's Days Payable or its related term are showing as below:
MIL:1CIEN'
s Days Payable Range Over the Past 10 Years
Min: 58.1 Med: 61.61 Max: 76.81
Current: 59.39
During the past 13 years, Ciena's highest Days Payable was 76.81. The lowest was 58.10. And the median was 61.61.
MIL:1CIEN's Days Payable is ranked worse than 59.4% of 2436
companies
in the Hardware industry
Industry Median: 69.89
vs MIL:1CIEN: 59.39
Ciena's Days Payable
increased
from Apr. 2025 (57.53) to Apr. 2026 (59.74).
It may suggest that Cienadelayed paying its suppliers.
Ciena Days Payable Related Terms
Ciena Days Payable Historical Data
* Premium members only.
The historical data trend for Ciena's Days Payable 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.
MIL:1CIEN vs MSI, LITE, HPE: Days Payable Comparison
For the Communication Equipment subindustry, Ciena's Days Payable, along with its competitors' market caps and Days Payable 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.
Ciena Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Ciena's Days Payable distribution charts can be found below:
* The bar in red indicates where Ciena's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Ciena's Days Payable for the fiscal year that ended in Oct. 2025 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.
Ciena (MIL:1CIEN) has a Days Payable of 59.74 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ciena and its competitors. This is near median its historical median of 61.61. Over the past decade, Ciena's Days Payable has ranged from 58.10 to 76.81. According to the industry distribution chart, Ciena ranks #1447 out of 2436 companies in the Hardware industry, placing it in the top 59.4%.
Is Ciena's Days Payable too high?
Ciena's current Days Payable of 59.74 is near median its 10-year median of 61.61. Over the past 10 years, this metric has ranged from a low of 58.10 to a high of 76.81. The Hardware industry median Days Payable is 69.89. Ciena's value of 59.74 is 14.5% below this industry median. Based on the distribution chart, Ciena ranks #1447 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Ciena has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ciena's Days Payable compare to MSI and LITE?
According to the Hardware industry distribution chart, Ciena ranks #1447 out of 2436 companies for Days Payable. This places Ciena in the lower half of its industry. The industry median Days Payable is 69.89. Ciena's value of 59.74 is 14.5% below this benchmark. Historically, Ciena's own Days Payable has ranged from 58.10 to 76.81 over the past decade. While the company's 10-year median is 61.61 vs. the industry median of 69.89, Ciena has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciena's current Days Payable of 59.74 is 14.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ciena and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciena's current Days Payable is 59.74, which is near median its own 10-year median of 61.61. 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 (MIL:1CIEN) is currently considered Significantly Overvalued. The stock's GF Value™ is €80.18, compared to a current price of €385.20 — trading 380.4% above its estimated fair value. The current Days Payable is 59.74, which is near median its 10-year median of 61.61 and 14.5% below the Hardware industry median of 69.89. Ciena's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ciena (MIL:1CIEN), the current Days Payable is 59.74 as of Apr. 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 (MIL:1CIEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ciena stock appears to be overvalued.
The current stock price of €385.20 is trading 380.4% above its estimated GF Value™ of €80.18.
GuruFocus considers Ciena to be Significantly Overvalued.
Key valuation signals for MIL:1CIEN:
Days Payable: 59.74 (near median its 10-year median of 61.61)
GF Value™: €80.18 vs. price of €385.20 (380.4% above fair value)
Industry Position: 14.5% below the Hardware median (#1447 of 2436)
No single metric tells the full story. See the MIL:1CIEN 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.
53GF Score
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