National Instruments (NATI) Inventory Turnover Ratio, from second quarter 2023 to second quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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National Instruments Corp  (NASDAQ: NATI)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

National Instruments Inventory Turnover Ratio (COS)

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

Due to inventory build up in the second quarter 2023, National Instruments's inventory turnover ratio sequentially decreased to 1.38 in the second quarter 2023, unsurprisingly, as the National Instruments markets continue to deteriorate, and NATI's faces growing challenges to bring down its inventories. National Instruments's average inventory processing period in the Jun 30 2023 quarter, has increased to 264 days, from 250 days, in the Mar 31 2023 quarter.

Within Technology sector 295 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2023, to 278, from total ranking in the first quarter 2023 at 310.

NATI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is National Instruments Corp Market Share?

What is Inventory Turnover Ratio?




NATI Inventory Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Inventory Growth 16.88 % 30.26 % 34.2 % 57.79 % 62.84 %
Y / Y Cost of Sales Growth -7.05 % 11.31 % 16.77 % 39.9 % 28.45 %
Inventory Turnover Ratio (TTM) 1.38 1.46 1.51 1.56 1.61
NATI's Total Ranking # 278 # 310 # 1659 # 1602 # 1806
Average inventory processing period 265 251 241 233 227
Seq. Inventory Growth 0.14 % 3.32 % 3.91 % 8.71 % 11.61 %
Seq. Cost of Sales Growth -10.72 % -8.05 % 0.43 % 12.73 % 6.92 %




Inventory Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 28
Technology Sector # 296
Overall Market # 278

Inventory Turnover Ratio Statistics
High Average Low
2.27 1.7 1.28
(Jun 30 2011)   (Dec 31 2011)




Financial Statements
National Instruments's Inventories $ 402 Millions Visit NATI's Balance sheet
National Instruments's Cost of Revenues TTM $ 539 Millions Visit NATI's Income Statement
What are NATI's Sales? Visit NATI's Sales by Segment

Other Inventory Turnover Ratios
National Instruments'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
NATI's Inventory Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NATI's Competitors
Inventory Turnover Ratio for NATI's Suppliers
Inventory Turnover Ratio for NATI's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2023, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2023 Inventories at quarter ending Jun 30 2023
Teradyne Inc   3.58 $ 1,196.134  Millions$ 334  Millions
Formfactor inc   3.58 $ 440.810  Millions$ 123  Millions
Benchmark Electronics Inc   3.56 $ 2,680.280  Millions$ 752  Millions
Comtech Telecommunications Corp  3.54 $ 365.534  Millions$ 103  Millions
Actelis Networks Inc  3.53 $ 4.700  Millions$ 1  Millions
Juniper Networks Inc   3.49 $ 2,466.200  Millions$ 707  Millions
Cemtrex Inc   3.48 $ 31.649  Millions$ 9  Millions
Key Tronic Corporation  3.46 $ 547.045  Millions$ 158  Millions
Ooma Inc   3.45 $ 83.196  Millions$ 24  Millions
First Solar Inc   3.38 $ 2,486.217  Millions$ 735  Millions
Indie Semiconductor Inc   3.34 $ 87.304  Millions$ 26  Millions
Alpine 4 Holdings Inc   3.33 $ 82.929  Millions$ 25  Millions
Allient Inc  3.32 $ 383.085  Millions$ 115  Millions
Ascent Solar Technologies Inc   3.26 $ 2.030  Millions$ 1  Millions
Solaredge Technologies Inc   3.25 $ 2,562.000  Millions$ 787  Millions
Corning Inc  3.25 $ 9,322.000  Millions$ 2,869  Millions
Esco Technologies inc   3.24 $ 570.276  Millions$ 176  Millions
Diodes Inc  3.24 $ 1,137.258  Millions$ 351  Millions
Ichor Holdings Ltd   3.22 $ 896.522  Millions$ 278  Millions
Iridium Communications Inc   3.20 $ 137.756  Millions$ 43  Millions
Shoals Technologies Group Inc   3.17 $ 234.568  Millions$ 74  Millions
Silicon Laboratories Inc   3.17 $ 396.479  Millions$ 125  Millions
Moving Image Technologies Inc   3.15 $ 14.897  Millions$ 5  Millions
Pioneer Power Solutions Inc   3.13 $ 27.631  Millions$ 9  Millions
Odysight ai Inc   3.13 $ 2.109  Millions$ 1  Millions
Lgl Group Inc  3.11 $ 6.456  Millions$ 2  Millions
Lumentum Holdings Inc   3.10 $ 1,113.000  Millions$ 359  Millions
Materion Corporation  3.10 $ 1,342.293  Millions$ 433  Millions
Marvell Technology Inc  3.04 $ 3,088.700  Millions$ 1,017  Millions
Park ohio Holdings Corp  3.03 $ 1,253.200  Millions$ 414  Millions

Date modified: 2026-09-12T06:18:48+00:00




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