Viavi Solutions Inc (VIAV)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 468,000 | 424,500 | 467,300 | 518,900 | 484,500 |
| Inventory | US$ in thousands | 117,900 | 96,500 | 116,100 | 110,100 | 94,900 |
| Inventory turnover | 3.97 | 4.40 | 4.02 | 4.71 | 5.11 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $468,000K ÷ $117,900K
= 3.97
The inventory turnover ratio for Viavi Solutions Inc. demonstrates a fluctuating trend over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio decreased from 5.11 in 2021 to 4.71 in 2022, indicating a slight reduction in how many times inventory is sold and replaced within the fiscal year. This downward movement continued into 2023, reaching a low of 4.02, suggesting a further decline in inventory efficiency.
However, in the subsequent year, there was a modest recovery with the ratio increasing to 4.40 in 2024, implying an improvement in inventory management or sales performance. Despite this rebound, the ratio slightly decreased again in 2025 to 3.97, remaining below the 2021 level and indicating ongoing challenges in inventory turnover.
Overall, the trend reflects a period of decline in inventory turnover efficiency from 2021 through 2023, followed by partial recovery in 2024, but maintaining a lower level than the initial period. This pattern may suggest changes in inventory management, sales cycle, or product mix, which could warrant further analysis to determine underlying causes and potential areas for operational improvement.
Peer comparison
Jun 30, 2025