Juniper Networks (Juniper Networks) Inventory Turnover

: 0.58 (As of Dec. 2023)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Juniper Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $558 Mil. Juniper Networks's Average Total Inventories for the quarter that ended in Dec. 2023 was $964 Mil. Juniper Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.

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 three months ended in Dec. 2023 was 157.81.

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 quarter that ended in Dec. 2023 was 0.71.

Juniper Networks Inventory Turnover Historical Data

The historical data trend for Juniper Networks's Inventory Turnover 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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Juniper Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

21.36

12.44

8.27

5.25

3.01

Juniper Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																1.09	0.87	0.73	0.62	0.58

Juniper Networks Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2362.6	/ (	(619.4	+	952.4)	/	2 )
=	2362.6	/	785.9
=	3.01

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	557.6	/ (	(976.3	+	952.4)	/	2 )
=	557.6	/	964.35
=	0.58

Juniper Networks (NYSE:JNPR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Dec. 2023 is calculated as:

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

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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	964.35	/	1364.8
	=	0.71

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Juniper Networks Inventory Turnover Related Terms

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Juniper Networks (Juniper Networks) Business Description

Industry

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Address

1133 Innovation Way, Sunnyvale, CA, USA, 94089

Website

https://www.juniper.net

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