Viavi Solutions Inc (VIAV)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,084,300 | 1,045,800 | 1,007,000 | 990,700 | 1,000,400 | 1,012,000 | 1,013,800 | 1,043,800 | 1,106,100 | 1,177,800 | 1,245,500 | 1,275,800 | 1,292,400 | 1,268,000 | 1,255,900 | 1,241,000 | 1,198,900 | 1,154,600 | 1,107,400 | 1,121,200 |
| Receivables | US$ in thousands | 261,000 | 279,000 | 236,700 | 234,800 | 244,900 | 244,600 | 240,900 | 190,900 | 231,200 | 220,100 | 223,700 | 279,700 | 260,900 | 269,300 | 258,300 | 243,100 | 256,500 | 262,700 | 251,300 | 220,100 |
| Receivables turnover | 4.15 | 3.75 | 4.25 | 4.22 | 4.08 | 4.14 | 4.21 | 5.47 | 4.78 | 5.35 | 5.57 | 4.56 | 4.95 | 4.71 | 4.86 | 5.10 | 4.67 | 4.40 | 4.41 | 5.09 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,084,300K ÷ $261,000K
= 4.15
The receivables turnover ratio for Viavi Solutions Inc. exhibits fluctuations over the observed period, reflecting variations in the company's efficiency in collecting accounts receivable. Starting at 5.09 as of September 30, 2020, the ratio declined to a low of 4.21 by December 31, 2023, indicating an overall decrease in collection velocity over this timeframe.
Notably, the highest ratio within this period was recorded at 5.57 on December 31, 2022, suggesting a period of improved receivables management. Conversely, the ratio toward the end of the observed period fell below 4.25, reaching 3.75 as of March 31, 2025, which could imply a slowing in the collection process or shifts in credit policies.
The trend demonstrates periods of relative stability interspersed with declines, highlighting potential variances in customer payment behavior, credit exposure, or operational strategies. The overall pattern suggests that while the receivables turnover experienced some recovery after lows in 2023, it remains relatively lower compared to the earlier years, implying a moderate level of receivables collection efficiency by the company during the analyzed timeframe.
Peer comparison
Jun 30, 2025