CSIMarket
 
Airgain Inc   (AIRG)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

Airgain Inc Inventory Turnover Ratio (COS)

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

Airgain Inc inventory turnover ratio, the Airgain Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 9.43 in the third quarter 2023, yet the ratio remained below the average, as AIRG's market remain challenging.Average inventory processing period, for the Airgain Inc in Sep 30 2023 quarter, has decreased to 39 days, compare to 46 days, in the Jun 30 2023 quarter.

Within Technology sector 58 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 302, from total ranking in the second quarter 2023 at 469.

AIRG Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Airgain Inc Market Share?

What is Inventory Turnover Ratio?


AIRG Inventory Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth -57.73 % -44.36 % -48.61 % -52.78 % 42.76 %
Y / Y Cost of Sales Growth -31.94 % -23.68 % -2.32 % 50.98 % 18.63 %
Inventory Turnover Ratio (TTM) 9.43 7.86 7.15 6.2 4.85
AIRG's Total Ranking # 302 # 469 # 434 # 684 # 822
Average inventory processing period 39 46 51 59 75
Seq. Inventory Growth -17.66 % 7.05 % 6.03 % -54.78 % 8.4 %
Seq. Cost of Sales Growth -11.11 % -11.12 % -27.72 % 19.17 % -0.32 %



Inventory Turnover Ratio Company Ranking
Within: No.
Consumer Electronics Industry # 2
Technology Sector # 59
Overall Market # 302

Inventory Turnover Ratio Statistics
High Average Low
50.69 21.8 4.85
(Dec 31 2017)   (Sep 30 2022)




Financial Statements
Airgain Inc 's Inventories $ 4 Millions Visit AIRG's Balance sheet
Airgain Inc 's Cost of Revenues TTM $ 41 Millions Visit AIRG's Income Statement
What are AIRG's Sales? Visit AIRG's Sales by Segment

Other Inventory Turnover Ratios
Airgain Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Consumer Electronics Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
AIRG's Inventory Turnover Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for AIRG's Competitors
Inventory Turnover Ratio for AIRG's Suppliers
Inventory Turnover Ratio for AIRG's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Toast Inc   26.53 $ 2,832.000  Millions$ 107  Millions
Microsoft Corporation  23.50 $ 66,713.000  Millions$ 2,839  Millions
Verint Systems Inc  22.49 $ 280.135  Millions$ 12  Millions
Onfolio Holdings Inc   22.16 $ 2.371  Millions$ 0  Millions
Decisionpoint Systems Inc   20.76 $ 81.945  Millions$ 4  Millions
Golden Matrix Group Inc   20.44 $ 34.305  Millions$ 2  Millions
Applied Dna Sciences inc   19.32 $ 7.000  Millions$ 0  Millions
Track Group Inc   17.67 $ 19.000  Millions$ 1  Millions
Dell Technologies Inc   17.65 $ 69,528.000  Millions$ 3,939  Millions
International Business Machines Corporation  17.06 $ 27,504.000  Millions$ 1,613  Millions
Powerdyne International Inc   15.94 $ 1.129  Millions$ 0  Millions
Roper Technologies Inc   14.54 $ 1,696.800  Millions$ 117  Millions
Ftc Solar Inc   14.48 $ 123.993  Millions$ 9  Millions
Midwest Energy Emissions Corp   14.30 $ 12.907  Millions$ 1  Millions
Pure Storage Inc   14.10 $ 690.000  Millions$ 49  Millions
Neogenomics Inc   13.93 $ 340.286  Millions$ 24  Millions
Skywater Technology Inc   13.82 $ 208.784  Millions$ 15  Millions
Netapp Inc   12.90 $ 1,919.000  Millions$ 149  Millions
F5 Inc   12.36 $ 593.000  Millions$ 48  Millions
Iveda Solutions Inc   12.35 $ 5.272  Millions$ 0  Millions
Franklin Covey Co   12.30 $ 48.381  Millions$ 4  Millions
Pitney Bowes Inc   11.80 $ 1,045.261  Millions$ 89  Millions
Mix Telematics Limited  11.60 $ 54.055  Millions$ 5  Millions
Creative Realities Inc   11.49 $ 20.674  Millions$ 2  Millions
Netscout Systems Inc   11.32 $ 200.743  Millions$ 18  Millions
Transcat Inc  10.42 $ 168.486  Millions$ 16  Millions
Photronics Inc   10.42 $ 555.000  Millions$ 53  Millions
Amkor Technology Inc   10.24 $ 5,659.106  Millions$ 553  Millions
Par Technology Corporation  10.16 $ 306.743  Millions$ 30  Millions
Csp inc  9.95 $ 42.727  Millions$ 4  Millions

Date modified: 2023-11-12T10:39:46+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com