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CommScope Holding Co (CommScope Holding Co) Change In Inventory : $455 Mil (TTM As of Mar. 2024)


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What is CommScope Holding Co Change In Inventory?

CommScope Holding Co's change in inventory for the quarter that ended in Mar. 2024 was $31 Mil. It means CommScope Holding Co's inventory declined by $31 Mil from Dec. 2023 to Mar. 2024 .

CommScope Holding Co's change in inventory for the fiscal year that ended in Dec. 2023 was $391 Mil. It means CommScope Holding Co's inventory declined by $391 Mil from Dec. 2022 to Dec. 2023 .

CommScope Holding Co's Total Inventories for the quarter that ended in Mar. 2024 was $1,044 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CommScope Holding Co's Days Inventory for the quarter that ended in Mar. 2024 was 126.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. CommScope Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.72.

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. CommScope Holding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.

CommScope Holding Co Change In Inventory Historical Data

The historical data trend for CommScope Holding Co's Change In 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.

CommScope Holding Co Change In Inventory Chart

CommScope Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 489.10 -100.50 -359.80 -178.80 391.30

CommScope Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In 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 -31.90 167.50 82.40 173.30 31.40

CommScope Holding Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $455 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.

CommScope Holding Co  (NAS:COMM) Change In Inventory Explanation

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

CommScope Holding Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1061.9/766.2*365 / 4
=126.47

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

CommScope Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=766.2 / 1061.9
=0.72

3. 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.

CommScope Holding Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1061.9 / 1168.4
=0.91

* 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.

CommScope Holding Co Change In Inventory Related Terms

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CommScope Holding Co (CommScope Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CommScope Holding Co Inc (NAS:COMM) » Definitions » Change In Inventory
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AVNW GILT CMTL ASTS CLFD NTGR AAOI ITI LTRX ITRN CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
CM9:Germany CM9:Germany
Address
1100 CommScope Place, South East, Hickory, NC, USA, 28602
Website
https://www.commscope.com
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.
Executives
Linde Koen Ter officer: SVP & President, CCS COMMSCOPE HOLDING COMPANY, INC., 3642 US 70, CLAREMONT NC 28610
Watts Claudius E. Iv director THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Justin C Choi officer: SVP, Chief Legal Officer & Sec ANIXTER INTERNATIONAL INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
Kyle David Lorentzen officer: EVP & CFO 9968 GLASGOW COURT, DUBLIN OH 43017
Timothy T Yates director ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Charles L. Treadway director, officer: President and CEO 8155 T&B BOULEVARD, MEMPHIS TN 38125
John R. Carlson officer: SVP & Chief Commercial Officer C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Bartolomeo Giordano officer: SVP & President, NICS 1100 COMMSCOPE PL SE, C/O COMMSCOPE HOLDING COMPANY, INC., HICKORY NC 28602
Joanne M Maguire director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Farid Firouzbakht officer: SVP & President, OWN 3790 VIA DE LA VALLE, SUITE 311, DEL MAR CA 92014
Laurie S. Oracion officer: SVP & CAO C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Frank M Drendel director, officer: Chairman of Board NEXTEL COMMUNICATIONS INC, 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Mindy Mackenzie director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Markus R. Ogurek officer: SVP & President, NICS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Guy Sucharczuk officer: SVP & President, ANS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602