Juniper Networks Inc (JNPR)

Cash conversion cycle

		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
Days of inventory on hand (DOH)	days	144.82	152.79	159.89	156.84	147.14	146.84	137.00	114.63	96.50	83.53	67.34	56.30	49.87	41.75	39.89	47.18	41.00	32.75	23.55	19.43
Days of sales outstanding (DSO)	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Number of days of payables	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash conversion cycle	days	144.82	152.79	159.89	156.84	147.14	146.84	137.00	114.63	96.50	83.53	67.34	56.30	49.87	41.75	39.89	47.18	41.00	32.75	23.55	19.43

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 144.82 + — – —
= 144.82

The cash conversion cycle of Juniper Networks Inc has shown fluctuating trends over the past few years. Starting at 19.43 days on March 31, 2020, it gradually increased to 156.84 days by March 31, 2024. This indicates a significant extension in the time taken to convert resources into cash during this period.

The cycle peaked at 159.89 days on June 30, 2024, before declining slightly to 144.82 days by December 31, 2024. A higher cash conversion cycle suggests that Juniper Networks Inc takes longer to convert its investments in inventory and accounts receivable into cash, potentially facing challenges in managing working capital efficiently.

Overall, the increasing trend in the cash conversion cycle warrants further investigation into the company's operational efficiency, inventory management practices, and receivables collection process to optimize cash flow and liquidity management in the future.