Nikola (NKLA) Inventory Turnover Ratio, from fourth quarter 2024 to fourth quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Nikola Corporation  (NKLA)
 

Nikola Inventory Turnover Ratio (COS)

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

Nikola Corporation inventory turnover ratio, the Nikola Corporation's ability to sell and replace its inventory in the fourth quarter 2024, sequentially increased to 4.41 in the fourth quarter 2024, NKLA's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Nikola in Dec 31 2024 quarter, has decreased to 83 days, compare to 86 days, in the Sep 30 2024 quarter.

Within Consumer Discretionary sector 60 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 467 in the third quarter 2024, to 899.

NKLA Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Nikola Corporation Market Share?

What is Inventory Turnover Ratio?



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NKLA Inventory Turnover Ratio (Dec 31 2024)
IV. Quarter		 (Sep 30 2024)
III. Quarter		 (Jun 30 2024)
II. Quarter		 (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter
Y / Y Inventory Growth 14.79 % 33.57 % -28.28 % -50.38 % -49.2 %
Y / Y Cost of Sales Growth 52.6 % -29.27 % 104.76 % 47.64 % -23.61 %
Inventory Turnover Ratio (TTM) 4.41 4.24 5.17 4.04 3.02
NKLA's Total Ranking # 899 # 467 # 470 # 679 # 631
Average inventory processing period 83 86 71 90 121
Seq. Inventory Growth -5.56 % 22.44 % 1.29 % -1.99 % 9.88 %
Seq. Cost of Sales Growth -29.89 % 1.16 % 32.31 % 62.61 % -67.5 %




Inventory Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 9
Consumer Discretionary Sector # 61
Overall Market # 899

Inventory Turnover Ratio Statistics
High Average Low
5.17 2.86 0.13
(Jun 30 2024)   (Mar 31 2022)



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

Financial Statements
Nikola's Inventories $ 72 Millions Visit NKLA's Balance sheet
Nikola's Cost of Revenues TTM $ 299 Millions Visit NKLA's Income Statement
What are NKLA's Sales? Visit NKLA's Sales by Segment

Other Inventory Turnover Ratios
Nikola's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
EV, Auto & Truck Manufacturers Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NKLA's Inventory Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NKLA's Competitors
Inventory Turnover Ratio for NKLA's Suppliers
Inventory Turnover Ratio for NKLA's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2024, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2024 Inventories at quarter ending Dec 31 2024
Graybar Electric Company Inc   10.71 $ 9,309.300  Millions$ 869  Millions
Visteon Corp  10.61 $ 3,335.000  Millions$ 314  Millions
Garrett Motion Inc   10.10 $ 2,770.000  Millions$ 274  Millions
Cintas Corporation  9.43 $ 3,938.472  Millions$ 418  Millions
Ford Motor Co  9.22 $ 158,560.000  Millions$ 17,198  Millions
General Motors Company  9.02 $ 151,065.000  Millions$ 16,757  Millions
Jakks Pacific Inc   8.92 $ 477.188  Millions$ 53  Millions
Autoliv Inc   8.75 $ 8,427.000  Millions$ 963  Millions
Borgwarner Inc   8.68 $ 11,438.000  Millions$ 1,318  Millions
Nio inc   8.36 $ 8,115.682  Millions$ 971  Millions
Superior Industries International Inc   7.87 $ 1,156.000  Millions$ 147  Millions
Ituran Location And Control Ltd   7.49 $ 175.637  Millions$ 23  Millions
Otis Worldwide Corporation  7.49 $ 4,459.000  Millions$ 595  Millions
China Automotive Systems Inc   7.34 $ 541.751  Millions$ 74  Millions
Sleep Number Corporation  6.91 $ 679.000  Millions$ 98  Millions
Vinfast Auto ltd   6.86 $ 2,847.613  Millions$ 415  Millions
Masterbrand Inc   6.67 $ 1,823.400  Millions$ 273  Millions
Aptiv Plc  6.66 $ 16,002.000  Millions$ 2,403  Millions
Luminar Technologies Inc   6.41 $ 101.000  Millions$ 16  Millions
Xpeng Inc   6.30 $ 5,200.550  Millions$ 826  Millions
Whirlpool Corp  6.23 $ 14,026.000  Millions$ 2,251  Millions
Strattec Security Corp  5.93 $ 482.488  Millions$ 81  Millions
Funko Inc   5.69 $ 615.318  Millions$ 108  Millions
Lsi Industries Inc  5.68 $ 388.000  Millions$ 68  Millions
Tesla Inc   5.65 $ 80,240.000  Millions$ 14,194  Millions
Phinia Inc   5.60 $ 2,647.000  Millions$ 473  Millions
Steven Madden Ltd   5.55 $ 1,345.995  Millions$ 242  Millions
Dana Incorporated  5.52 $ 8,953.000  Millions$ 1,622  Millions
Allison Transmission Holdings Inc   5.50 $ 1,696.000  Millions$ 308  Millions
Modine Manufacturing Co  5.46 $ 1,926.000  Millions$ 353  Millions

Date modified: 2026-09-08T15:11:34+00:00




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