Juniper Networks Inc (JNPR)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		5.25	4.31	4.65	4.47	4.94
DSO	days	69.49	84.71	78.49	81.59	73.96

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.25
= 69.49

To analyze Juniper Networks Inc's days of sales outstanding (DSO) over the past five years:

1. There is a noticeable fluctuation in Juniper Networks Inc's DSO over the past five years, ranging from a low of 68.49 days in 2023 to a high of 84.50 days in 2022.

2. A decrease in DSO from 2022 to 2023 indicates that Juniper Networks Inc is collecting its accounts receivable more efficiently, which is a positive indicator of liquidity and cash flow management.

3. However, it is important to note that there was an increase in DSO from 2020 to 2022, suggesting a potential deterioration in the company's collection processes or an increase in credit sales.

4. Juniper Networks Inc's average DSO over the five-year period is approximately 76.41 days, indicating that it takes the company about 76 days on average to collect its accounts receivable.

5. Overall, monitoring DSO trends is crucial for assessing Juniper Networks Inc's accounts receivable management efficiency and liquidity position. Further analysis of the underlying factors contributing to DSO fluctuations would provide more insight into the company's financial health.