Viavi Solutions Inc (VIAV)

Days of inventory on hand (DOH)

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Inventory turnover		3.97	4.40	4.02	4.71	5.11
DOH	days	91.95	82.97	90.68	77.45	71.49

June 30, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.97
= 91.95

The data indicates the days of inventory on hand (DOH) for Viavi Solutions Inc. over a five-year period from June 30, 2021, to June 30, 2025. In 2021, the company maintained an average of approximately 71.49 days of inventory. This figure increased significantly in subsequent years, reaching 77.45 days in 2022, which corresponds to an upward trend in inventory holding periods. The DOH continued to rise sharply in 2023, culminating at 90.68 days, suggesting that the company was holding inventory for longer periods during that year. A slight reduction was observed in 2024, with DOH decreasing to 82.97 days, indicating some improvement in inventory management or sales velocity. However, by 2025, the DOH increased again to approximately 91.95 days, reflecting an overall trend of extended inventory holding periods over the five-year span.

This pattern suggests that Viavi Solutions Inc. experienced increasing inventory retention over the initial years, with a peak in 2023, followed by a partial reduction and subsequent rise. The fluctuations in DOH could be influenced by factors such as supply chain dynamics, demand variability, product mix shifts, or inventory management strategies. Overall, the trend points to a gradual elongation of inventory cycles, which warrants strategic assessment to optimize inventory turnover and operational efficiency.