Viavi Solutions Inc (VIAV)

Receivables turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	1,084,300	1,000,400	1,106,100	1,292,400	1,198,900
Receivables	US$ in thousands	261,000	244,900	231,200	260,900	256,500
Receivables turnover		4.15	4.08	4.78	4.95	4.67

June 30, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $1,084,300K ÷ $261,000K
= 4.15

The receivables turnover ratio for Viavi Solutions Inc demonstrates fluctuations over the four fiscal years presented. As of June 30, 2021, the ratio was 4.67 times, indicating that the company's average accounts receivable were collected approximately 4.67 times during that year. The ratio increased slightly in the subsequent fiscal year, reaching 4.95 times as of June 30, 2022, suggesting an improvement in the efficiency of receivables collection during that period.

However, the ratio experienced a marginal decline in the following year, dropping to 4.78 times as of June 30, 2023. This slight decrease may suggest a modest reduction in collection efficiency, though the ratio remained relatively stable compared to previous years. By June 30, 2024, the receivables turnover decreased more notably to 4.08 times, reflecting a deterioration in the receivables management or a lengthening of the collection period.

In the most recent period available, as of June 30, 2025, the ratio slightly increased to 4.15 times. While this represents a marginal improvement from the previous year, it still remains below the peak achieved in 2022. Overall, the trend indicates some variability in receivables management, with a peak in collection efficiency in 2022 followed by a decline and a modest recovery in the latest year. The changes suggest a need to monitor receivables collection strategies to ensure sustained efficiency and minimize potential collection risks.