Mix Telematics Limited (MIXT) Inventory Turnover Ratio, from third quarter 2023 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Mix Telematics Limited  (NYSE: MIXT)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

Mix Telematics Limited Inventory Turnover Ratio (COS)

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

Mix Telematics Limited inventory turnover ratio, the Mix Telematics Limited's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 14.89 in the third quarter 2023, MIXT's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Mix Telematics Limited in Dec 31 2023 quarter, has decreased to 25 days, compare to 26 days, in the Sep 30 2023 quarter.

Within Technology sector 51 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 79, from total ranking in the second quarter 2023 at 251.

MIXT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Mix Telematics Limited Market Share?

What is Inventory Turnover Ratio?



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MIXT Inventory Turnover Ratio (Dec 31 2023)
III. Quarter		 (Sep 30 2023)
II. Quarter		 (Jun 30 2023)
III. Quarter		 (Mar 31 2023)
IV. Quarter		 (Dec 31 2022)
III. Quarter
Y / Y Inventory Growth -3.82 % 1.43 % -29.51 % -33.68 % 45.2 %
Y / Y Cost of Sales Growth 15.81 % 10.08 % -0.66 % 8.55 % -2.2 %
Inventory Turnover Ratio (TTM) 14.89 14.16 13.88 12.84 11.48
MIXT's Total Ranking # 79 # 251 # 262 # 361 # 464
Average inventory processing period 25 26 26 28 32
Seq. Inventory Growth 9.18 % 43.65 % -2.64 % -37.02 % 15.15 %
Seq. Cost of Sales Growth 7.6 % 9.43 % -5.81 % 4.43 % 2.27 %




Inventory Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 18
Technology Sector # 52
Overall Market # 79

Inventory Turnover Ratio Statistics
High Average Low
23.92 14.47 11.48
(Dec 31 2020)   (Dec 31 2022)



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

Financial Statements
Mix Telematics Limited's Inventories $ 5 Millions Visit MIXT's Balance sheet
Mix Telematics Limited's Cost of Revenues TTM $ 57 Millions Visit MIXT's Income Statement
What are MIXT's Sales? Visit MIXT's Sales by Segment

Other Inventory Turnover Ratios
Mix Telematics Limited'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
MIXT's Inventory Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MIXT's Competitors
Inventory Turnover Ratio for MIXT's Suppliers
Inventory Turnover Ratio for MIXT's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Apple Inc   30.85 $ 212,035.000  Millions$ 6,874  Millions
Toast Inc   27.87 $ 3,031.000  Millions$ 109  Millions
Microsoft Corporation  25.32 $ 68,848.000  Millions$ 2,719  Millions
Decisionpoint Systems Inc   22.38 $ 44.428  Millions$ 2  Millions
Taoping Inc   22.28 $ 29.783  Millions$ 1  Millions
Ftc Solar Inc   21.04 $ 122.100  Millions$ 6  Millions
Titan Environmental Solutions Inc.  19.74 $ 6.467  Millions$ 0  Millions
Tuya Inc   19.58 $ 123.335  Millions$ 6  Millions
Verint Systems Inc  19.56 $ 276.574  Millions$ 14  Millions
International Business Machines Corporation  19.46 $ 27,560.000  Millions$ 1,416  Millions
Onfolio Holdings Inc   19.23 $ 1.997  Millions$ 0  Millions
Dell Technologies Inc   18.49 $ 67,500.000  Millions$ 3,651  Millions
Jingbo Technology Inc   18.41 $ 3.221  Millions$ 0  Millions
Alpha And Omega Semiconductor Limited  18.20 $ 468.925  Millions$ 26  Millions
Silicom Ltd   17.88 $ 95.442  Millions$ 5  Millions
Nxp Semiconductors N v   16.54 $ 5,723.000  Millions$ 346  Millions
Franklin Covey Co   16.16 $ 66.527  Millions$ 4  Millions
Agm Group Holdings Inc.  15.91 $ 87.552  Millions$ 6  Millions
Roper Technologies Inc   15.78 $ 1,870.000  Millions$ 119  Millions
Bnb Plus Corp   15.23 $ 4.961  Millions$ 0  Millions
Track Group Inc   15.14 $ 18.325  Millions$ 1  Millions
Mix Telematics Limited  14.89 $ 57.366  Millions$ 4  Millions
Utstarcom Holdings Corp   14.81 $ 11.000  Millions$ 1  Millions
Dna X Inc   14.79 $ 73.899  Millions$ 5  Millions
Skywater Technology Inc   14.72 $ 229.544  Millions$ 16  Millions
Supercom Ltd   14.56 $ 16.347  Millions$ 1  Millions
Birchtech Corp   14.26 $ 12.172  Millions$ 1  Millions
Neogenomics Inc   14.22 $ 347.000  Millions$ 24  Millions
Stmicroelectronics N v   13.74 $ 8,999.000  Millions$ 655  Millions
F5 Inc   13.62 $ 573.993  Millions$ 42  Millions

Date modified: 2026-08-31T05:10:03+00:00




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