Juniper Networks Inc (JNPR)
Total 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 |
| Total assets | US$ in thousands | 10,008,000 | 9,595,600 | 9,428,300 | 9,478,200 | 9,518,500 | 9,404,800 | 9,375,500 | 9,316,300 | 9,326,700 | 8,976,200 | 8,861,000 | 8,827,900 | 8,887,000 | 8,721,400 | 8,723,400 | 8,711,100 | 9,378,300 | 8,694,700 | 8,741,500 | 8,609,500 |
| Total asset turnover | 0.51 | 0.52 | 0.54 | 0.56 | 0.58 | 0.60 | 0.60 | 0.59 | 0.57 | 0.57 | 0.56 | 0.55 | 0.53 | 0.53 | 0.53 | 0.52 | 0.47 | 0.51 | 0.51 | 0.52 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,073,600K ÷ $10,008,000K
= 0.51
Juniper Networks Inc's total asset turnover ratio measures how efficiently the company generates revenue relative to its total assets. The trend of the total asset turnover ratio over the past few years shows a slight increase from 0.52 in March 2020 to 0.51 in June 2020 and September 2020, followed by a dip to 0.47 by the end of December 2020.
Subsequently, there was a gradual improvement in the ratio, reaching 0.53 in June 2021 and then consistently maintaining levels between 0.53 and 0.57 until September 2022. This indicates that the company was utilizing its assets more effectively to generate sales during this period.
However, there was a slight decline in the total asset turnover ratio to 0.56 by June 2023, followed by a peak of 0.60 in September 2023. Despite this peak, the ratio dropped back to 0.51 by December 2024.
Overall, Juniper Networks Inc's total asset turnover ratio has shown some fluctuations over the reviewed period. The company may need to focus on efficiently managing its assets to generate revenue effectively in order to maintain stable performance in the future.
Peer comparison
Dec 31, 2024