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Ingersoll Rand Inc   (IR)
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Ingersoll Rand Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Ingersoll Rand Inc inventory turnover ratio, the Ingersoll Rand Inc 's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 3.71 in the fourth quarter 2023, yet the ratio remained below the average, as IR's market remain challenging.Average inventory processing period, for the Ingersoll Rand Inc in Dec 31 2023 quarter, has decreased to 98 days, compare to 101 days, in the Sep 30 2023 quarter.

Within Capital Goods sector 71 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Forth Quarter 2023 compared to previous quarter at no. 464.

IR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Ingersoll Rand Inc Market Share?

What is Inventory Turnover Ratio?


IR Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth -2.37 % 6.95 % 8.66 % 17.56 % 20.04 %
Y / Y Cost of Sales Growth 7.28 % 6.23 % 13.67 % 19.02 % 32.35 %
Inventory Turnover Ratio (TTM) 3.71 3.62 3.63 3.59 3.59
IR's Total Ranking # 464 # 464 # 519 # 743 # 572
Average inventory processing period 98 101 101 102 102
Seq. Inventory Growth -7.55 % -1.67 % -1.9 % 9.48 % 1.27 %
Seq. Cost of Sales Growth 4.09 % 1.01 % 2.48 % -0.43 % 3.07 %



Inventory Turnover Ratio Company Ranking
Within: No.
Industrial Machinery and Components Industry # 31
Capital Goods Sector # 72
Overall Market # 464

Inventory Turnover Ratio Statistics
High Average Low
11.22 6.01 3.24
(Dec 31 2013)   (Dec 31 2020)




Financial Statements
Ingersoll Rand Inc 's Inventories $ 1,001 Millions Visit IR's Balance sheet
Ingersoll Rand Inc 's Cost of Revenues TTM $ 3,993 Millions Visit IR's Income Statement
What are IR's Sales? Visit IR's Sales by Segment

Other Inventory Turnover Ratios
Ingersoll Rand Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Industrial Machinery and Components Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
IR's Inventory Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for IR's Competitors
Inventory Turnover Ratio for IR's Suppliers
Inventory Turnover Ratio for IR's Customers

You may also want to know
IR's Sales Growth Rates IR's Pe Price to earnings ratio IR's Receivables Turnover Ratio IR's Stock Quote
IR's Net Income Growth Rates IR's Ps Price to Sales ratio IR's Sales per Employee IR's Asset Turnover Ratio
IR's Net Margin IR's Pb Price to Book ratio IR's Financial Strength Ratios IR's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Trio tech International  9.84 $ 29.628  Millions$ 3  Millions
Greystone Logistics Inc   9.79 $ 48.630  Millions$ 5  Millions
Topbuild Corp  9.39 $ 3,590.000  Millions$ 382  Millions
Powell Industries Inc   9.11 $ 588.606  Millions$ 65  Millions
Symbotic Inc   7.67 $ 1,113.882  Millions$ 145  Millions
Blue Bird Corporation  7.61 $ 1,019.943  Millions$ 134  Millions
Oil dri Corporation Of America  7.31 $ 309.291  Millions$ 42  Millions
Sci Engineered Materials inc   7.24 $ 22.000  Millions$ 3  Millions
L3harris Technologies Inc   6.59 $ 10,228.000  Millions$ 1,552  Millions
Stem Inc   6.50 $ 457.000  Millions$ 70  Millions
Wabash National Corporation  6.42 $ 2,038.000  Millions$ 318  Millions
John Bean Technologies Corporation  6.15 $ 1,622.600  Millions$ 264  Millions
Applied Industrial Technologies Inc   6.12 $ 3,147.603  Millions$ 514  Millions
Leonardo Drs Inc   5.99 $ 2,178.000  Millions$ 364  Millions
Johnson Controls International Plc  5.97 $ 17,510.000  Millions$ 2,931  Millions
Miller Industries inc   5.74 $ 1,001.000  Millions$ 175  Millions
Cavco Industries Inc   5.62 $ 1,402.526  Millions$ 250  Millions
Nn Inc   5.56 $ 419.175  Millions$ 75  Millions
Array Technologies Inc   5.53 $ 1,161.000  Millions$ 210  Millions
Owens Corning  5.53 $ 6,994.000  Millions$ 1,265  Millions
Winnebago Industries Inc   5.46 $ 2,759.200  Millions$ 506  Millions
Carrier Global Corporation  5.38 $ 13,831.000  Millions$ 2,570  Millions
Malibu Boats Inc   5.34 $ 918.316  Millions$ 172  Millions
Donaldson Company Inc   5.27 $ 2,279.000  Millions$ 433  Millions
Eos Energy Enterprises Inc   5.26 $ 89.798  Millions$ 17  Millions
Kratos Defense and Security Solutions inc   5.24 $ 768.000  Millions$ 147  Millions
Thor Industries Inc   5.06 $ 8,869.252  Millions$ 1,752  Millions
Illinois Tool Works Inc  5.02 $ 9,316.000  Millions$ 1,857  Millions
Ferguson Plc  4.84 $ 19,784.000  Millions$ 4,084  Millions
Park Aerospace Corp   4.76 $ 36.397  Millions$ 8  Millions

Date modified: 2024-02-24T15:19:54+00:00



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