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Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

Ciena Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Ciena Corp inventory turnover ratio, the Ciena Corp's ability to sell and replace its inventory in the first quarter 2024, sequentially increased to 2.29 in the first quarter 2024, yet the ratio remained below the average, as CIEN's market remain challenging.Average inventory processing period, for the Ciena in Jan 27 2024 quarter, has decreased to 159 days, compare to 164 days, in the Oct 28 2023 quarter.

Within Technology sector 129 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2024 compared to previous quarter at no. 1432.

CIEN Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Ciena Corp Market Share?

What is Inventory Turnover Ratio?


CIEN Inventory Turnover Ratio (Jan 27 2024)
I. Quarter
(Oct 28 2023)
IV. Quarter
(Jul 29 2023)
III. Quarter
(Apr 29 2023)
II. Quarter
(Jan 28 2023)
I. Quarter
Y / Y Inventory Growth -16.4 % 11 % 44.26 % 104.53 % 157.45 %
Y / Y Cost of Sales Growth -4.97 % 19.69 % 17.4 % 17.81 % 30.49 %
Inventory Turnover Ratio (TTM) 2.29 2.22 2.18 2.28 2.54
CIEN's Total Ranking # 1432 # 1432 # 1412 # 1373 # 1373
Average inventory processing period 159 164 168 160 144
Seq. Inventory Growth -6.28 % -11.88 % 8.6 % -6.79 % 24.44 %
Seq. Cost of Sales Growth -11.27 % 3.92 % -4.04 % 7.39 % 11.75 %



Inventory Turnover Ratio Company Ranking
Within: No.
Consumer Electronics Industry # 14
Technology Sector # 130
Overall Market # 1432

Inventory Turnover Ratio Statistics
High Average Low
6.53 3.94 0.89
(Apr 30 2019)   (Oct 31 2017)




Financial Statements
Ciena's Inventories $ 985 Millions Visit CIEN's Balance sheet
Ciena's Cost of Revenues TTM $ 2,478 Millions Visit CIEN's Income Statement
What are CIEN's Sales? Visit CIEN's Sales by Segment

Other Inventory Turnover Ratios
Ciena's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Consumer Electronics Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CIEN's Inventory Turnover Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CIEN's Competitors
Inventory Turnover Ratio for CIEN's Suppliers
Inventory Turnover Ratio for CIEN's Customers

You may also want to know
CIEN's Sales Growth Rates CIEN's Pe Price to earnings ratio CIEN's Receivables Turnover Ratio CIEN's Stock Quote
CIEN's Net Income Growth Rates CIEN's Ps Price to Sales ratio CIEN's Sales per Employee CIEN's Asset Turnover Ratio
CIEN's Net Margin CIEN's Pb Price to Book ratio CIEN's Financial Strength Ratios CIEN's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Jan 27 2024, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jan 27 2024 Inventories at quarter ending Jan 27 2024
Broadcom Inc   6.79 $ 12,804.000  Millions$ 1,887  Millions
Netlist Inc  6.58 $ 66.000  Millions$ 10  Millions
Cisco Systems Inc   5.99 $ 20,479.000  Millions$ 3,417  Millions
Hp inc   5.88 $ 41,488.000  Millions$ 7,052  Millions
Ribbon Communications inc   5.62 $ 418.000  Millions$ 74  Millions
Premier Inc   5.49 $ 431.227  Millions$ 78  Millions
Magnachip Semiconductor Corporation  5.40 $ 178.411  Millions$ 33  Millions
Itron Inc   5.34 $ 1,459.000  Millions$ 273  Millions
Jabil Inc  5.33 $ 30,555.000  Millions$ 5,733  Millions
Sanmina Corporation  5.24 $ 7,743.578  Millions$ 1,478  Millions
Inseego Corp   5.22 $ 143.000  Millions$ 27  Millions
Omnicell inc   5.22 $ 650.000  Millions$ 124  Millions
Motorola Solutions inc   5.15 $ 5,008.000  Millions$ 972  Millions
Shoals Technologies Group Inc   5.00 $ 320.000  Millions$ 64  Millions
Onespan Inc   5.00 $ 77.000  Millions$ 15  Millions
Gopro Inc   4.95 $ 681.886  Millions$ 138  Millions
Fabrinet  4.93 $ 2,378.287  Millions$ 482  Millions
Akoustis Technologies Inc   4.92 $ 32.932  Millions$ 7  Millions
Vertiv Holdings Co  4.92 $ 4,462.700  Millions$ 907  Millions
Seagate Technology Holdings Plc  4.80 $ 5,337.000  Millions$ 1,111  Millions
Cantaloupe Inc   4.80 $ 154.491  Millions$ 32  Millions
Faro Technologies Inc   4.62 $ 193.000  Millions$ 42  Millions
Fortive Corporation  4.48 $ 2,471.200  Millions$ 551  Millions
Belden Inc   4.39 $ 1,557.118  Millions$ 355  Millions
Hubbell Inc  4.36 $ 3,484.000  Millions$ 799  Millions
Diebold Nixdorf Incorporated  4.25 $ 2,703.400  Millions$ 636  Millions
Key Tronic Corporation  4.20 $ 569.546  Millions$ 136  Millions
Super Micro Computer Inc   4.12 $ 7,734.632  Millions$ 1,876  Millions
Synopsys Inc   4.06 $ 1,266.646  Millions$ 312  Millions
Amphenol Corporation  4.05 $ 8,470.000  Millions$ 2,092  Millions

Date modified: 2024-03-08T14:42:17+00:00



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