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International Business Machines Corporation  (IBM)
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    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology
 

International Business Machines Inventory Turnover Ratio (COS)

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

International Business Machines Corporation inventory turnover ratio, the International Business Machines Corporation's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 17.06 in the third quarter 2023, yet the ratio remained below the average, as IBM's market remain challenging.Average inventory processing period, for the International Business Machines in Sep 30 2023 quarter, has decreased to 21 days, compare to 22 days, in the Jun 30 2023 quarter.

Within Technology sector 16 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 42, from total ranking in the second quarter 2023 at 66.

IBM Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is International Business Machines Corporation Market Share?

What is Inventory Turnover Ratio?


IBM 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 -10.87 % -9.74 % -5.88 % -5.13 % -6.81 %
Y / Y Cost of Sales Growth 0.78 % -3.74 % -1.73 % -1.97 % -29.32 %
Inventory Turnover Ratio (TTM) 17.06 16.55 16.29 16.13 15.99
IBM's Total Ranking # 42 # 66 # 196 # 135 # 253
Average inventory processing period 21 22 22 23 23
Seq. Inventory Growth -6.36 % 3.29 % -13.49 % 6.53 % -5.18 %
Seq. Cost of Sales Growth -3.51 % 3.43 % -4.46 % 5.71 % -7.84 %



Inventory Turnover Ratio Company Ranking
Within: No.
Computer Hardware Industry # 3
Technology Sector # 17
Overall Market # 42

Inventory Turnover Ratio Statistics
High Average Low
26.38 20.94 16.22
(Dec 31 2017)   (Sep 30 2022)




Financial Statements
International Business Machines's Inventories $ 1,501 Millions Visit IBM's Balance sheet
International Business Machines's Cost of Revenues TTM $ 27,504 Millions Visit IBM's Income Statement
What are IBM's Sales? Visit IBM's Sales by Segment

Other Inventory Turnover Ratios
International Business Machines's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Computer Hardware Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
IBM's Inventory Turnover Ratio versus Computer Hardware Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for IBM's Competitors
Inventory Turnover Ratio for IBM's Suppliers
Inventory Turnover Ratio for IBM's Customers

You may also want to know
IBM's Sales Growth Rates IBM's Pe Price to earnings ratio IBM's Receivables Turnover Ratio IBM's Stock Quote
IBM's Net Income Growth Rates IBM's Ps Price to Sales ratio IBM's Sales per Employee IBM's Asset Turnover Ratio
IBM's Net Margin IBM's Pb Price to Book ratio IBM's Financial Strength Ratios IBM'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
Cargurus Inc   46.52 $ 356.685  Millions$ 8  Millions
Leidos Holdings Inc   43.57 $ 12,985.000  Millions$ 298  Millions
Presto Automation inc   39.71 $ 21.773  Millions$ 1  Millions
Grom Social Enterprises Inc   36.57 $ 2.938  Millions$ 0  Millions
Tucows Inc  35.94 $ 264.268  Millions$ 7  Millions
Apple Inc   30.61 $ 214,137.000  Millions$ 6,996  Millions
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

Date modified: 2023-10-31T17:24:05+00:00



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