Juniper Networks Inc (JNPR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		2.52	2.39	2.28	2.33	2.48	2.49	2.66	3.18	3.78	4.37	5.42	6.48	7.32	8.74	9.15	7.74	8.90	11.15	15.50	18.79
DOH	days	144.82	152.79	159.89	156.84	147.14	146.84	137.00	114.63	96.50	83.53	67.34	56.30	49.87	41.75	39.89	47.18	41.00	32.75	23.55	19.43

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Juniper Networks Inc have shown an increasing trend over the years, starting at 19.43 days on March 31, 2020, and reaching 144.82 days by December 31, 2024. This indicates a potentially concerning trend of holding inventory for longer periods before it is sold.

The rise in DOH could imply various issues within the company's inventory management processes, such as overstocking, inefficient production planning, or slowing sales. A high DOH can tie up working capital and increase carrying costs, impacting profitability.

It is worth further investigation to understand the reasons behind the prolonged inventory holding periods and to assess the potential risks and opportunities this trend may present for Juniper Networks Inc. Management may need to review and optimize their inventory management strategies to ensure efficient operations and improved financial performance.