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General Motors Company  (GM)
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General Motors Inventory Turnover Ratio (COS)

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

General Motors Company inventory turnover ratio, the General Motors Company's ability to sell and replace its inventory in the second quarter 2024, sequentially increased to 8.37 in the second quarter 2024, yet the ratio remained below the average, as GM's market remain challenging.Average processing period, for General Motors's inventories remained unchanged at 44 days, in the Jun 30 2024 quarter.

Within Consumer Discretionary sector 11 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 16 in the first quarter 2024, to 18.

GM Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is General Motors Company Market Share?

What is Inventory Turnover Ratio?


GM Inventory Turnover Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Inventory Growth -1.71 % -1.27 % 7.13 % 8.39 % 6.25 %
Y / Y Cost of Sales Growth 5.41 % 5.42 % 5.87 % 6.36 % 25.19 %
Inventory Turnover Ratio (TTM) 8.37 8.22 8.09 8.1 8.14
GM's Total Ranking # 18 # 16 # 19 # 38 # 38
Average inventory processing period 44 44 45 45 45
Seq. Inventory Growth 0.41 % 6.51 % -7.21 % -0.96 % 0.87 %
Seq. Cost of Sales Growth 13.59 % -7.14 % 2.14 % -2.16 % 13.6 %



Inventory Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 0
Consumer Discretionary Sector # 12
Overall Market # 18

Inventory Turnover Ratio Statistics
High Average Low
16.31 10.11 7.21
(March 31, 2014)   (Jun 30 2022)




Financial Statements
General Motors's Inventories $ 17,605 Millions Visit GM's Balance sheet
General Motors's Cost of Revenues TTM $ 145,062 Millions Visit GM's Income Statement
What are GM's Sales? Visit GM's Sales by Segment

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

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2024, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2024 Inventories at quarter ending Jun 30 2024
  17.99 $ 2.032  Millions$ 0  Millions
Adient Plc  17.19 $ 13,922.000  Millions$ 810  Millions
Cooper standard Holdings Inc   14.74 $ 2,478.000  Millions$ 168  Millions
Lear Corp  12.58 $ 21,958.900  Millions$ 1,746  Millions
American Axle and Manufacturing Holdings Inc  11.76 $ 5,552.700  Millions$ 472  Millions
Garrett Motion Inc   10.86 $ 2,988.000  Millions$ 275  Millions
Visteon Corp  10.75 $ 3,412.000  Millions$ 317  Millions
Graybar Electric Company Inc   10.34 $ 9,065.900  Millions$ 877  Millions
Luminar Technologies Inc   9.43 $ 139.867  Millions$ 15  Millions
Masterbrand Inc   8.66 $ 2,244.800  Millions$ 259  Millions
  8.52 $ 466.953  Millions$ 55  Millions
Cintas Corporation  8.43 $ 3,865.071  Millions$ 459  Millions
General Motors Company  8.37 $ 145,062.000  Millions$ 17,335  Millions
Borgwarner Inc   7.87 $ 10,417.000  Millions$ 1,324  Millions
Otis Worldwide Corporation  7.65 $ 4,652.000  Millions$ 609  Millions
Aeye Inc   7.61 $ 12.162  Millions$ 2  Millions
Sleep Number Corporation  6.98 $ 748.000  Millions$ 107  Millions
Phinia Inc   6.94 $ 3,429.000  Millions$ 494  Millions
Aptiv Plc  6.85 $ 16,324.000  Millions$ 2,385  Millions
Whirlpool Corp  6.71 $ 15,634.000  Millions$ 2,331  Millions
Ford Motor Co  6.57 $ 114,579.421  Millions$ 17,448  Millions
Commercial Vehicle Group Inc   6.37 $ 822.500  Millions$ 129  Millions
Shyft Group Inc   6.33 $ 653.138  Millions$ 103  Millions
Dana Incorporated  5.89 $ 9,737.000  Millions$ 1,654  Millions
  5.89 $ 116.507  Millions$ 20  Millions
Atmus Filtration Technologies Inc   5.83 $ 1,499.500  Millions$ 257  Millions
Steven Madden Ltd   5.73 $ 1,258.984  Millions$ 220  Millions
Acuity Brands Inc   5.62 $ 2,081.700  Millions$ 370  Millions
Tempur Sealy International Inc   5.53 $ 2,715.800  Millions$ 491  Millions
Modine Manufacturing Co  5.50 $ 1,886.000  Millions$ 343  Millions

Date modified: 2024-07-24T07:26:13+00:00



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