Ciena Accounts Payable from 2010 to 2024

CIEN Stock  USD 73.15  2.10  2.96%   
Ciena Corp Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to grow to about 383.8 M this year. Accounts Payable is the amount Ciena Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Ciena Corp's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1997-01-31
Previous Quarter
332.1 M
Current Value
316.6 M
Quarterly Volatility
127.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ciena Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ciena Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.3 M, Interest Expense of 141.8 M or Selling General Administrative of 260 M, as well as many indicators such as Price To Sales Ratio of 1.63, Dividend Yield of 0.0563 or PTB Ratio of 2.3. Ciena financial statements analysis is a perfect complement when working with Ciena Corp Valuation or Volatility modules.
  
Check out the analysis of Ciena Corp Correlation against competitors.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.

Latest Ciena Corp's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Ciena Corp over the last few years. An accounting item on the balance sheet that represents Ciena Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ciena Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Ciena Corp's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ciena Corp's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Ciena Accounts Payable Regression Statistics

Arithmetic Mean286,636,367
Geometric Mean246,428,577
Coefficient Of Variation39.24
Mean Deviation83,139,276
Median291,904,000
Standard Deviation112,467,556
Sample Variance12649T
Range495.6M
R-Value0.82
Mean Square Error4389.2T
R-Squared0.68
Significance0.0002
Slope20,704,137
Total Sum of Squares177085.3T

Ciena Accounts Payable History

2024383.8 M
2023365.5 M
2022317.8 M
2021516 M
2020356.2 M
2019291.9 M
2018344.8 M

About Ciena Corp Financial Statements

Ciena Corp investors utilize fundamental indicators, such as Accounts Payable, to predict how Ciena Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable365.5 M383.8 M

Pair Trading with Ciena Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ciena Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ciena Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ciena Stock

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Moving against Ciena Stock

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The ability to find closely correlated positions to Ciena Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ciena Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ciena Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ciena Corp to buy it.
The correlation of Ciena Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ciena Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ciena Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ciena Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ciena Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ciena Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ciena Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ciena Corp Stock:
Check out the analysis of Ciena Corp Correlation against competitors.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ciena Corp. If investors know Ciena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ciena Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.94
Revenue Per Share
27.627
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0252
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.