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Adient Plc  (ADNT)
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Adient Plc Inventory Turnover Ratio (COS)

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

Adient Plc inventory turnover ratio, the Adient Plc's ability to sell and replace its inventory in the first quarter 2024, sequentially increased to 16.49 in the first quarter 2023, yet the ratio remained below the average, as ADNT's market remain challenging.Average inventory processing period, for the Adient Plc in Dec 31 2023 quarter, has decreased to 22 days, compare to 23 days, in the Sep 30 2023 quarter.

Within Consumer Discretionary sector 2 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2024 compared to previous quarter at no. 213.

ADNT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Adient Plc Market Share?

What is Inventory Turnover Ratio?


ADNT Inventory Turnover Ratio (Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Inventory Growth -14.3 % -11.75 % -7.97 % -7.92 % 3.18 %
Y / Y Cost of Sales Growth -1.56 % 5.94 % 13.32 % 10.04 % 4.87 %
Inventory Turnover Ratio (TTM) 16.49 15.92 15.23 14.46 13.82
ADNT's Total Ranking # 213 # 213 # 72 # 219 # 302
Average inventory processing period 22 23 24 25 26
Seq. Inventory Growth -0.95 % -4.1 % -4.57 % -5.45 % 1.99 %
Seq. Cost of Sales Growth -1.87 % -7.3 % 2.48 % 5.59 % 5.6 %



Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 3
Consumer Discretionary Sector # 3
Overall Market # 213

Inventory Turnover Ratio Statistics
High Average Low
20.88 16.51 13.11
(Sep 30 2018)   (Jun 30 2022)




Financial Statements
Adient Plc's Inventories $ 833 Millions Visit ADNT's Balance sheet
Adient Plc's Cost of Revenues TTM $ 14,308 Millions Visit ADNT's Income Statement
What are ADNT's Sales? Visit ADNT's Sales by Segment

Other Inventory Turnover Ratios
Adient Plc's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Auto & Truck Parts Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
ADNT's Inventory Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for ADNT's Competitors
Inventory Turnover Ratio for ADNT's Suppliers
Inventory Turnover Ratio for ADNT's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Innoviz Technologies Ltd   17.39 $ 32.490  Millions$ 2  Millions
Adient Plc  16.49 $ 14,308.000  Millions$ 868  Millions
Cooper standard Holdings Inc   15.00 $ 2,525.000  Millions$ 168  Millions
Lear Corp  12.57 $ 21,756.500  Millions$ 1,731  Millions
American Axle and Manufacturing Holdings Inc  11.58 $ 5,455.000  Millions$ 471  Millions
Garrett Motion Inc   10.70 $ 3,130.000  Millions$ 293  Millions
Visteon Corporation  10.64 $ 3,467.000  Millions$ 326  Millions
Graybar Electric Company Inc   9.50 $ 8,818.600  Millions$ 928  Millions
Ford Motor Co  8.87 $ 150,550.000  Millions$ 16,973  Millions
Luminar Technologies Inc   8.86 $ 142.000  Millions$ 16  Millions
General Motors Company  8.09 $ 141,330.000  Millions$ 17,468  Millions
Jakks Pacific Inc   7.79 $ 488.000  Millions$ 63  Millions
Otis Worldwide Corporation  7.69 $ 4,843.000  Millions$ 630  Millions
Cintas Corporation  7.47 $ 3,756.496  Millions$ 503  Millions
Borgwarner Inc   7.38 $ 11,630.000  Millions$ 1,575  Millions
Whirlpool Corp  6.88 $ 16,285.000  Millions$ 2,368  Millions
Aptiv Plc  6.88 $ 16,612.000  Millions$ 2,416  Millions
Sleep Number Corporation  6.79 $ 798.000  Millions$ 117  Millions
Shyft Group Inc   6.69 $ 721.000  Millions$ 108  Millions
Commercial Vehicle Group Inc   6.52 $ 860.000  Millions$ 132  Millions
Ree Automotive Ltd   6.48 $ 3.000  Millions$ 0  Millions
Masterbrand Inc   6.14 $ 1,824.800  Millions$ 297  Millions
Modine Manufacturing Co  5.91 $ 1,953.200  Millions$ 330  Millions
Dana Inc   5.64 $ 9,655.000  Millions$ 1,711  Millions
Tesla Inc   5.64 $ 79,113.000  Millions$ 14,020  Millions
Novo Integrated Sciences Inc   5.64 $ 5.978  Millions$ 1  Millions
Steven Madden Ltd   5.59 $ 1,149.168  Millions$ 206  Millions
Acuity Brands Inc   5.51 $ 2,163.600  Millions$ 393  Millions
Tempur Sealy International Inc   5.42 $ 2,796.000  Millions$ 516  Millions
Lsi Industries Inc   5.28 $ 336.038  Millions$ 64  Millions

Date modified: 2024-02-08T08:24:20+00:00



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