Juniper Networks Inc (JNPR)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,073,600 | 5,564,500 | 5,301,200 | 4,735,400 | 4,445,100 |
| Total current assets | US$ in thousands | 3,845,600 | 3,795,500 | 3,617,100 | 2,956,600 | 3,271,200 |
| Total current liabilities | US$ in thousands | 2,642,000 | 2,104,000 | 2,078,900 | 1,876,500 | 2,161,100 |
| Working capital turnover | 4.22 | 3.29 | 3.45 | 4.38 | 4.00 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,073,600K ÷ ($3,845,600K – $2,642,000K)
= 4.22
The working capital turnover for Juniper Networks Inc has shown fluctuations over the years. It increased from 4.00 in December 31, 2020, to 4.38 in December 31, 2021, indicating an improvement in the efficiency of utilizing working capital to generate revenue. However, there was a decline in the ratio to 3.45 in December 31, 2022, and further decreased to 3.29 in December 31, 2023, suggesting a potential inefficiency in managing working capital during those periods.
The ratio then rebounded to 4.22 in December 31, 2024, which may indicate a more favorable performance in utilizing working capital effectively relative to the previous years. Overall, Juniper Networks Inc has demonstrated varying levels of efficiency in converting working capital into revenue over the analyzed periods, with both positive and challenging trends observed.
Peer comparison
Dec 31, 2024