Artificial Intelligence Technology Solutions Inc (AITX) Inventory Turnover Ratio, from second quarter 2026 to second quarter 2026, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Artificial Intelligence Technology Solutions Inc   (AITX)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

Artificial Intelligence Technology Solutions Inc Inventory Turnover Ratio (COS)

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

Artificial Intelligence Technology Solutions Inc inventory turnover ratio, the Artificial Intelligence Technology Solutions Inc 's ability to sell and replace its inventory in the second quarter 2026, sequentially increased to 1.89 in the second quarter 2026, yet the ratio remained below the average, as AITX's market remain challenging.Average inventory processing period, for the Artificial Intelligence Technology Solutions Inc in Aug 31 2026 quarter, has decreased to 193 days, compare to 221 days, in the May 31 2026 quarter.

Within Technology sector 273 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2026, to 1716, from total ranking in the first quarter 2026 at 1903.

AITX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Artificial Intelligence Technology Solutions Inc Market Share?

What is Inventory Turnover Ratio?



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AITX Inventory Turnover Ratio (Aug 31 2026)
II. Quarter		 (May 31 2026)
I. Quarter		 (Feb 28 2026)
IV. Quarter		 (Nov 30 2025)
III. Quarter		 (Aug 31 2025)
II. Quarter
Y / Y Inventory Growth 17.28 % 20.25 % -16.73 % -39.56 % -47.89 %
Y / Y Cost of Sales Growth 69.58 % 4.19 % -63.46 % 22.97 % -30.71 %
Inventory Turnover Ratio (TTM) 1.89 1.65 1.71 1.79 1.47
AITX's Total Ranking # 1716 # 1903 # 1802 # 1828 # 1908
Average inventory processing period 193 221 213 203 249
Seq. Inventory Growth -8.55 % 4.57 % 15.85 % 5.87 % -6.24 %
Seq. Cost of Sales Growth 42.47 % 417.6 % -82.38 % 30.49 % -12.47 %




Inventory Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 27
Technology Sector # 274
Overall Market # 1716

Inventory Turnover Ratio Statistics
High Average Low
43.1 5.42 0.3
(Aug 31 2019)   (May 31 2023)



AITX Company Profile >> Back to AITX Efficiency Comparisons >> Compare AITX Inventory Turnover Ratio to its Competitors

Financial Statements
Artificial Intelligence Technology Solutions Inc 's Inventories $ 1 Millions Visit AITX's Balance sheet
Artificial Intelligence Technology Solutions Inc 's Cost of Revenues TTM $ 2 Millions Visit AITX's Income Statement
What are AITX's Sales? Visit AITX's Sales by Segment

Other Inventory Turnover Ratios
Artificial Intelligence Technology Solutions Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Software & Programming Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
AITX's Inventory Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for AITX's Competitors
Inventory Turnover Ratio for AITX's Suppliers
Inventory Turnover Ratio for AITX's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Aug 31 2026, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Aug 31 2026 Inventories at quarter ending Aug 31 2026
Benchmark Electronics Inc   4.88 $ 2,642.239  Millions$ 542  Millions
Motorola Solutions inc   4.81 $ 6,027.000  Millions$ 1,252  Millions
Ncr Voyix Corporation  4.77 $ 746.000  Millions$ 156  Millions
Teradyne Inc   4.73 $ 2,034.237  Millions$ 430  Millions
Amphenol Corporation  4.67 $ 20,220.600  Millions$ 4,332  Millions
Fabrinet  4.65 $ 4,523.558  Millions$ 972  Millions
Western Digital Corporation  4.62 $ 6,864.000  Millions$ 1,485  Millions
Flex Ltd   4.53 $ 27,961.000  Millions$ 6,173  Millions
Guerrilla RF, Inc.  4.52 $ 9.386  Millions$ 2  Millions
Ribbon Communications inc   4.48 $ 374.441  Millions$ 84  Millions
Sensata Technologies Holding Plc  4.47 $ 2,660.827  Millions$ 595  Millions
Belden Inc   4.39 $ 1,978.578  Millions$ 450  Millions
Seagate Technology Holdings Plc  4.39 $ 6,851.000  Millions$ 1,560  Millions
Formfactor inc   4.38 $ 519.471  Millions$ 119  Millions
Ametek Inc   4.33 $ 5,208.140  Millions$ 1,203  Millions
Thermo Fisher Scientific Inc   4.07 $ 22,570.000  Millions$ 5,548  Millions
Tempus Ai Inc   4.01 $ 211.530  Millions$ 53  Millions
Synaptics Incorporated  3.91 $ 645.800  Millions$ 165  Millions
Nxp Semiconductors N v   3.71 $ 6,012.000  Millions$ 1,621  Millions
Danaher Corporation  3.69 $ 10,603.000  Millions$ 2,873  Millions
Ultra Clean Holdings Inc   3.69 $ 2,051.800  Millions$ 557  Millions
Fortinet Inc   3.57 $ 1,596.200  Millions$ 447  Millions
Mirion Technologies Inc   3.57 $ 561.000  Millions$ 157  Millions
Vertiv Holdings Co  3.57 $ 8,117.200  Millions$ 2,276  Millions
Hubbell Inc  3.54 $ 4,261.700  Millions$ 1,205  Millions
Advanced Micro Devices Inc  3.51 $ 31,492.000  Millions$ 8,974  Millions
Eastman Kodak Company  3.50 $ 863.000  Millions$ 247  Millions
Ichor Holdings Ltd   3.46 $ 956.452  Millions$ 276  Millions
Corsair Gaming Inc   3.41 $ 1,010.246  Millions$ 296  Millions
Adtran Holdings Inc   3.39 $ 729.130  Millions$ 215  Millions

Date modified: 2026-10-21T05:01:00+00:00




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