Juniper Networks Inc (JNPR)
Fixed asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,073,600 | 5,034,300 | 5,101,100 | 5,341,600 | 5,564,500 | 5,648,500 | 5,665,300 | 5,504,800 | 5,301,200 | 5,152,300 | 4,926,500 | 4,829,200 | 4,735,400 | 4,658,100 | 4,607,500 | 4,521,500 | 4,445,100 | 4,430,600 | 4,425,500 | 4,441,700 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 808,000 | 689,100 | 671,000 | 666,800 | 812,900 | 820,900 | 689,400 | 864,300 | 889,500 | 906,000 | 929,400 | 762,300 | 768,600 | 781,600 | 802,900 |
| Fixed asset turnover | — | — | — | — | — | 6.99 | 8.22 | 8.20 | 7.95 | 6.34 | 6.00 | 7.00 | 5.48 | 5.24 | 5.09 | 4.86 | 5.83 | 5.76 | 5.66 | 5.53 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,073,600K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for Juniper Networks Inc, we observe that the fixed asset turnover ratio has shown a generally increasing trend from March 31, 2020, to June 30, 2023, indicating improved efficiency in the utilization of fixed assets.
The ratio increased steadily from 5.53 on March 31, 2020, to 8.22 on June 30, 2023, peaking at 8.22. This suggests that Juniper Networks Inc has been able to generate more revenue per dollar of fixed assets invested over this period.
However, the ratio decreased to 6.99 on September 30, 2023, indicating a slight decline in efficiency compared to the previous quarter. It is important for the company to monitor this trend to ensure that the management of its fixed assets remains optimal.
The lack of data for the years 2024 and the absence of values for the last quarters limit the ability to provide a complete analysis of the most recent performance. Juniper Networks Inc should continue to focus on maintaining or improving its fixed asset turnover ratio to optimize the utilization of its fixed assets and drive profitability.
Peer comparison
Dec 31, 2024