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Ciena (FRA:CIE1) Accounts Payable & Accrued Expense : €350 Mil (As of Apr. 2024)


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What is Ciena Accounts Payable & Accrued Expense?

Ciena's quarterly accounts payable & accrued expense declined from Oct. 2023 (€349 Mil) to Jan. 2024 (€333 Mil) but then increased from Jan. 2024 (€333 Mil) to Apr. 2024 (€350 Mil).

Ciena's annual accounts payable & accrued expense increased from Oct. 2021 (€346 Mil) to Oct. 2022 (€567 Mil) but then declined from Oct. 2022 (€567 Mil) to Oct. 2023 (€349 Mil).

Ciena Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ciena's Accounts Payable & Accrued Expense 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.

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Ciena Accounts Payable & Accrued Expense Chart

Ciena Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.78 276.99 346.14 567.09 348.67

Ciena Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Accounts Payable & Accrued Expense 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 475.36 422.93 348.67 333.05 350.47

Ciena Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ciena (FRA:CIE1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (FRA:CIE1) » Definitions » Accounts Payable & Accrued Expense
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UI SATS PI BDC CRDO LITE JNPR VSAT VIAV KN CSCO SHSE:601138 MSI HPE OHEL:NOKIA OSTO:ERIC B ZBRA SZSE:000063 SHSE:688036 TPE:2345
Traded in Other Exchanges
CIEN:USA CIEN:Mexico 1CIEN:Italy CIE1:Germany
Address
7035 Ridge Road, Hanover, MD, USA, 21076
Website
https://www.ciena.com
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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