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 1.02 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 358 days, from 338 days, in the Mar 31 2023 quarter.

Within Technology sector 304 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 % -96.2 % 28.45 %
Inventory Turnover Ratio (TTM) 1.02 1.08 1.12 1.14 1.61
NATI's Total Ranking # 278 # 310 # 1659 # 1602 # 1806
Average inventory processing period 357 337 327 321 227
Seq. Inventory Growth 0.14 % 3.32 % 3.91 % 8.71 % 11.61 %
Seq. Cost of Sales Growth -10.72 % -8.05 % 3600.54 % -96.94 % 6.92 %




Inventory Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 28
Technology Sector # 305
Overall Market # 278

Inventory Turnover Ratio Statistics
High Average Low
2.27 1.67 1.02
(Jun 30 2011)   (Jun 30 2023)




Financial Statements
National Instruments's Inventories $ 402 Millions Visit NATI's Balance sheet
National Instruments's Cost of Revenues TTM $ 399 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
R F Industries Ltd   2.73 $ 56.287  Millions$ 21  Millions
Infinera Corp  2.69 $ 1,039.631  Millions$ 387  Millions
A10 Networks Inc   2.65 $ 54.187  Millions$ 20  Millions
Intel Corporation  2.63 $ 33,363.000  Millions$ 12,700  Millions
Semtech Corp  2.62 $ 466.286  Millions$ 178  Millions
Light and Wonder Inc   2.62 $ 427.000  Millions$ 163  Millions
Palladyne Ai Corp   2.59 $ 10.709  Millions$ 4  Millions
Harmonic Inc   2.58 $ 300.293  Millions$ 116  Millions
Qualcomm Inc  2.58 $ 16,857.000  Millions$ 6,542  Millions
Nlight Inc   2.54 $ 178.341  Millions$ 70  Millions
On Semiconductor Corporation  2.50 $ 4,360.600  Millions$ 1,743  Millions
Nvidia Corp  2.49 $ 11,561.000  Millions$ 4,636  Millions
Sonos Inc   2.48 $ 951.222  Millions$ 383  Millions
Cambium Networks Corp  2.48 $ 156.076  Millions$ 63  Millions
Microchip Technology Incorporated  2.48 $ 2,817.100  Millions$ 1,137  Millions
Qorvo Inc   2.46 $ 2,034.443  Millions$ 828  Millions
Turtle Beach Corporation  2.46 $ 198.233  Millions$ 81  Millions
Vishay Precision Group Inc   2.44 $ 211.542  Millions$ 87  Millions
Thermo Fisher Scientific Inc   2.43 $ 13,791.000  Millions$ 5,669  Millions
Viasat Inc   2.43 $ 722.838  Millions$ 298  Millions
Osi Systems inc   2.41 $ 847.917  Millions$ 351  Millions
Applied Materials Inc  2.41 $ 14,227.000  Millions$ 5,903  Millions
Cadence Design Systems Inc   2.41 $ 306.509  Millions$ 127  Millions
Plexus Corp   2.40 $ 3,902.604  Millions$ 1,624  Millions
One Stop Systems Inc   2.36 $ 50.720  Millions$ 21  Millions
Applied Optoelectronics Inc   2.32 $ 179.806  Millions$ 78  Millions
Quarta rad Inc   2.31 $ 0.344  Millions$ 0  Millions
Ciena Corp  2.30 $ 2,401.905  Millions$ 1,046  Millions
Adtran Holdings Inc   2.29 $ 958.409  Millions$ 419  Millions
Emagin Corporation  2.28 $ 19.869  Millions$ 9  Millions

Date modified: 2026-10-07T00:41:51+00:00




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