Juniper Networks Inc (JNPR)
Days of sales outstanding (DSO)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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Receivables turnover | 5.25 | 5.94 | 6.16 | 5.17 | 4.31 | 5.01 | 4.69 | 5.63 | 4.65 | 5.89 | 5.86 | 5.81 | 4.55 | 5.80 | 5.76 | 6.46 | 4.96 | 6.82 | 6.66 | 6.96 | |
DSO | days | 69.49 | 61.40 | 59.28 | 70.65 | 84.71 | 72.90 | 77.75 | 64.82 | 78.49 | 61.99 | 62.30 | 62.83 | 80.22 | 62.95 | 63.34 | 56.49 | 73.61 | 53.54 | 54.79 | 52.46 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.25
= 69.49
The days of sales outstanding (DSO) for Juniper Networks Inc have shown fluctuations over the past eight quarters. In Q4 2023, the DSO was 68.49 days, representing an increase from the previous quarter's 60.57 days. Despite this increase, the DSO is still lower compared to the same quarter in the previous year, which had a DSO of 84.50 days.
Overall, the trend in DSO for Juniper Networks Inc in recent quarters indicates variations in the collection of accounts receivable. A lower DSO suggests that the company is collecting payments from customers more quickly, while a higher DSO indicates a longer time to collect outstanding revenue. It is essential for the company to effectively manage its accounts receivable to maintain a healthy cash flow and optimize working capital efficiency.
Peer comparison
Dec 31, 2023