Juniper Networks Inc (JNPR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		2.52	2.48	3.78	7.32	8.90
DOH	days	144.82	147.14	96.50	49.87	41.00

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.52
= 144.82

The Days of Inventory on Hand (DOH) for Juniper Networks Inc has shown an upward trend over the years, starting at 41.00 days as of December 31, 2020, and increasing to 49.87 days by December 31, 2021. The increase continued significantly to 96.50 days as of December 31, 2022, and further rose to 147.14 days by December 31, 2023. However, there was a slight decrease in DOH to 144.82 days by December 31, 2024, still significantly higher than the initial values.

This trend indicates that Juniper Networks Inc has been holding inventory for longer periods in recent years, which may suggest inefficiencies in inventory management or changes in product demand patterns. A high DOH value can tie up capital in unsold inventory and increase storage costs. It may also indicate potential risk of obsolescence or declines in inventory turnover.

Further investigation into the reasons behind the increasing DOH is warranted to identify potential areas for improvement in inventory management practices and cost efficiencies.