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Juniper Networks (Juniper Networks) Days Inventory

: 157.81 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Juniper Networks's Average Total Inventories for the three months ended in Dec. 2023 was $964 Mil. Juniper Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $558 Mil. Hence, Juniper Networks's Days Inventory for the three months ended in Dec. 2023 was 157.81.

The historical rank and industry rank for Juniper Networks's Days Inventory or its related term are showing as below:

JNPR' s Days Inventory Range Over the Past 10 Years
Min: 9.49   Med: 17.49   Max: 130.86
Current: 130.86

During the past 13 years, Juniper Networks's highest Days Inventory was 130.86. The lowest was 9.49. And the median was 17.49.

JNPR's Days Inventory is ranked worse than
61.73% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs JNPR: 130.86

Juniper Networks's Days Inventory increased from Dec. 2022 (83.57) to Dec. 2023 (157.81). It might indicate that Juniper Networks's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Juniper Networks's Inventory Turnover for the three months ended in Dec. 2023 was 0.58.

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. Juniper Networks's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.71.


Juniper Networks Days Inventory Historical Data

The historical data trend for Juniper Networks's Days 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.

Juniper Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.09 29.33 44.16 69.48 121.41

Juniper Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 83.57 104.90 124.76 147.73 157.81

Competitive Comparison

For the Communication Equipment subindustry, Juniper Networks's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Juniper Networks Days Inventory Distribution

For the Hardware industry and Technology sector, Juniper Networks's Days Inventory distribution charts can be found below:

* The bar in red indicates where Juniper Networks's Days Inventory falls into.



Juniper Networks Days Inventory Calculation

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

Juniper Networks's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (619.4 + 952.4) / 2 ) / 2362.6*365
=785.9 / 2362.6*365
=121.41

Juniper Networks's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (976.3 + 952.4) / 2 ) / 557.6*365 / 4
=964.35 / 557.6*365 / 4
=157.81

* 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.


Juniper Networks  (NYSE:JNPR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Juniper Networks's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Juniper Networks's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Juniper Networks Days Inventory Related Terms

Thank you for viewing the detailed overview of Juniper Networks's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Juniper Networks (Juniper Networks) Business Description

Traded in Other Exchanges
Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.
Executives
Robert Mobassaly officer: SVP General Counsel 1133 INNOVATION WAY, SUNNYVALE CA 94089
Rami Rahim officer: EVP Platform Systems Division 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Kenneth Bradley Miller officer: EVP & CFO 1133 INNOVATION WAY, SUNNYVALE CA 94086
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Dolce James A Jr director C/O JUNIPER NETWORKS, 140 CASPIAN COURT, SUNNYVALE CA 94089
Kaddaras Christopher Nicholas Jr officer: EVP Chief Revenue Officer C/O NUTANIX, INC., 1740 TECHNOLOGY DR., STE 150, SAN JOSE CA 95110
Scott Kriens director C/O JUNIPER NETWORKS INC, 1194 N MATHILDA AVE, SUNNYVALE CA 94089
Steven Fernandez director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Manoj Leelanivas officer: EVP Chief Product Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
Marcus Jewell officer: EVP Chief Revenue Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
William Stensrud director 13491 SUMMIT CIRCLE, POWAY CA 92064
Thomas A Austin officer: Vice President & 1133 INNOVATION WAY, SUNNYVALE CA 94089
Brian Martin officer: SVP General Counsel Secty 160 RIO ROBLES, SAN JOSE CA 95134
Bikash Koley officer: EVP CTO 1133 INNOVATION DRIVE, SUNNYVALE CA 94116