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. Arista Networks's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,985 Mil. Arista Networks's Revenue for the
three
months ended in Mar. 2024 was $1,571 Mil.
Arista Networks's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.26.
Arista Networks's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.25) to Dec. 2023 (1.26)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Arista Networks's Days Inventory for the
three
months ended in Mar. 2024 was 317.81.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Arista Networks's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.29.
Arista Networks Inventory-to-Revenue Historical Data
The historical data trend for Arista Networks's Inventory-to-Revenue 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.
Competitive Comparison of Arista Networks's Inventory-to-Revenue
For the Computer Hardware subindustry, Arista Networks's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Arista Networks's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Arista Networks's Inventory-to-Revenue falls into.
Arista Networks Inventory-to-Revenue Calculation
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.
Arista Networks's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Arista Networks's Days Inventory for the
three
months ended in Mar. 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.
Arista Networks Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Arista Networks's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Arista Networks (Arista Networks) Business Description
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ANET has been successfully added to your 