Garmin Ltd (GRMN) Inventory Turnover Ratio, from first quarter 2026 to first quarter 2025, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Garmin Ltd  (NYSE: GRMN)
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods
 

Garmin Ltd Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2026, Garmin Ltd's inventory turnover ratio sequentially decreased to 1.67 in the first quarter 2026, unsurprisingly, as the Garmin Ltd markets continue to deteriorate, and GRMN's faces growing challenges to bring down its inventories. Garmin Ltd's average inventory processing period in the Mar 28 2026 quarter, has increased to 219 days, from 215 days, in the Dec 27 2025 quarter.

Within Capital Goods sector 184 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2026, to 219, from total ranking in the fourth quarter 2025 at 643.

GRMN Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Garmin Ltd Market Share?

What is Inventory Turnover Ratio?



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GRMN Inventory Turnover Ratio (Mar 28 2026)
I. Quarter		 (Dec 27 2025)
IV. Quarter		 (Sep 27 2025)
III. Quarter		 (Jun 28 2025)
II. Quarter		 (Mar 29 2025)
I. Quarter
Y / Y Inventory Growth 16.96 % 20.24 % 25.4 % 35.49 % 21.48 %
Y / Y Cost of Sales Growth 9.38 % 16.67 % 14.2 % 16.17 % 12.26 %
Inventory Turnover Ratio (TTM) 1.67 1.7 1.7 1.75 1.82
GRMN's Total Ranking # 219 # 643 # 423 # 239 # 283
Average inventory processing period 218 215 214 209 201
Seq. Inventory Growth 4.4 % -6.13 % 5.59 % 13.03 % 7.33 %
Seq. Cost of Sales Growth -18.09 % 19.89 % -3.08 % 14.92 % -12.63 %




Inventory Turnover Ratio Company Ranking
Within: No.
Aerospace & Defense Industry # 26
Capital Goods Sector # 185
Overall Market # 219

Inventory Turnover Ratio Statistics
High Average Low
13.1 2.49 1.36
(Dec. 31, 2012)   (Apr 01 2023)



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

Financial Statements
Garmin Ltd's Inventories $ 1,850 Millions Visit GRMN's Balance sheet
Garmin Ltd's Cost of Revenues TTM $ 3,050 Millions Visit GRMN's Income Statement
What are GRMN's Sales? Visit GRMN's Sales by Segment

Other Inventory Turnover Ratios
Garmin Ltd's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Aerospace & Defense Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
GRMN's Inventory Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for GRMN's Competitors
Inventory Turnover Ratio for GRMN's Suppliers
Inventory Turnover Ratio for GRMN's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 28 2026, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 28 2026 Inventories at quarter ending Mar 28 2026
Aaon Inc   4.50 $ 1,192.000  Millions$ 265  Millions
Off The Hook Ys Inc   4.48 $ 133.425  Millions$ 30  Millions
Ouster Inc   4.44 $ 93.000  Millions$ 21  Millions
Malibu Boats Inc   4.41 $ 699.000  Millions$ 159  Millions
Hyster yale Inc   4.40 $ 3,074.200  Millions$ 699  Millions
Cbak Energy Technology Inc  4.34 $ 215.256  Millions$ 50  Millions
Laser Photonics Corporation  4.32 $ 6.643  Millions$ 2  Millions
Spx Technologies Inc   4.31 $ 1,396.900  Millions$ 324  Millions
Lincoln Electric Holdings Inc  4.25 $ 2,782.000  Millions$ 655  Millions
Woodward Inc   4.24 $ 2,867.073  Millions$ 676  Millions
Azenta Inc   4.21 $ 332.683  Millions$ 79  Millions
Zebra Technologies Corporation  4.18 $ 2,893.000  Millions$ 693  Millions
Graham Corporation  4.18 $ 187.000  Millions$ 45  Millions
Advanced Drainage Systems Inc   4.07 $ 1,882.990  Millions$ 463  Millions
Vontier Corporation  4.06 $ 1,415.700  Millions$ 349  Millions
Idex Corp  4.00 $ 1,962.100  Millions$ 491  Millions
Aebi Schmidt Holding Ag  3.97 $ 1,395.727  Millions$ 352  Millions
Standex International Corp  3.94 $ 518.000  Millions$ 131  Millions
Pentair Plc  3.94 $ 2,480.900  Millions$ 629  Millions
Deere and Co  3.92 $ 30,095.000  Millions$ 7,678  Millions
Cnh Industrial N v   3.89 $ 12,425.000  Millions$ 3,190  Millions
Chicago Rivet and Machine Co   3.81 $ 24.070  Millions$ 6  Millions
Dover Corp  3.80 $ 5,009.000  Millions$ 1,318  Millions
Jbt Marel Corporation  3.80 $ 2,509.000  Millions$ 660  Millions
Spectrum Brands Holdings Inc   3.79 $ 1,786.000  Millions$ 472  Millions
Fluence Energy Inc   3.78 $ 2,283.000  Millions$ 604  Millions
Brady Corp  3.78 $ 792.000  Millions$ 209  Millions
Eaton Corporation Plc  3.78 $ 18,000.000  Millions$ 4,765  Millions
Distribution Solutions Group Inc   3.76 $ 1,336.641  Millions$ 356  Millions
Terex Corporation  3.75 $ 4,899.000  Millions$ 1,307  Millions

Date modified: 2026-08-30T14:51:41+00:00




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