Cognyte Software Ltd 's inventory turnover ratio, the ratio that measures Cognyte Software Ltd 's ability to manage its supply chain, sequentially decreased to
3.99 in the fourth quarter 2024, which does not come as a surprise, as the Cognyte Software Ltd continue to experience headwinds, which also impact its supply chain. Cognyte Software Ltd 's average inventory processing period in the Jan 31 2024 quarter, has increased to 91 days, from 75 days, in the 0 quarter.
Within
Technology sector 126 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2023, to
749, from total ranking in the third quarter 2023 at
806.
CGNT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Cognyte Software Ltd Market Share?
What is Inventory Turnover Ratio?