Novanta Inc (NOVT) Inventory Turnover Ratio, from second quarter 2026 to second quarter 2025, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Novanta Inc   (NASDAQ: NOVT)
 

Novanta Inc Inventory Turnover Ratio (COS)

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

Novanta Inc 's inventory turnover ratio, the ratio that measures Novanta Inc 's ability to manage its supply chain, sequentially decreased to 3.03 in the second quarter 2026, which does not come as a surprise, as the Novanta Inc continue to experience headwinds, which also impact its supply chain. Novanta Inc 's average inventory processing period in the Jul 03 2026 quarter, has increased to 120 days, from 119 days, in the Apr 03 2026 quarter.

Within Capital Goods sector 131 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2026, to 1225, from total ranking in the first quarter 2026 at 1363.

NOVT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Novanta Inc Market Share?

What is Inventory Turnover Ratio?



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NOVT Inventory Turnover Ratio (Jul 03 2026)
II. Quarter		 (Apr 03 2026)
I. Quarter		 (Dec 31 2025)
IV. Quarter		 (Sep 26 2025)
III. Quarter		 (Jun 27 2025)
II. Quarter
Y / Y Inventory Growth 14.66 % 32.8 % 30.2 % 16.85 % 5.01 %
Y / Y Cost of Sales Growth 8.13 % 11.63 % 12.31 % 0.74 % 1.52 %
Inventory Turnover Ratio (TTM) 3.03 3.07 3.2 3.32 3.45
NOVT's Total Ranking # 1225 # 1363 # 1189 # 1149 # 1149
Average inventory processing period 121 119 114 110 106
Seq. Inventory Growth -0.22 % 2.58 % 4.62 % 7.09 % 15.56 %
Seq. Cost of Sales Growth 0.62 % -1.37 % 7.35 % 1.49 % 3.88 %




Inventory Turnover Ratio Company Ranking
Within: No.
Industrial Machinery and Components Industry # 57
Capital Goods Sector # 132
Overall Market # 1225

Inventory Turnover Ratio Statistics
High Average Low
3.78 3.37 3
(Oct 01 2021)   (Jun 30 2023)



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

Financial Statements
Novanta Inc 's Inventories $ 193 Millions Visit NOVT's Balance sheet
Novanta Inc 's Cost of Revenues TTM $ 571 Millions Visit NOVT's Income Statement
What are NOVT's Sales? Visit NOVT's Sales by Segment

Other Inventory Turnover Ratios
Novanta Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Industrial Machinery and Components Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NOVT's Inventory Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NOVT's Competitors
Inventory Turnover Ratio for NOVT's Suppliers
Inventory Turnover Ratio for NOVT's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jul 03 2026, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jul 03 2026 Inventories at quarter ending Jul 03 2026
Blue Bird Corporation  7.04 $ 1,278.737  Millions$ 182  Millions
Park Aerospace Corp   6.81 $ 51.936  Millions$ 8  Millions
Applied Industrial Technologies Inc   6.71 $ 3,458.469  Millions$ 516  Millions
Eos Energy Enterprises Inc   6.60 $ 396.576  Millions$ 60  Millions
Cavco Industries Inc   6.33 $ 1,765.665  Millions$ 279  Millions
Nvent Electric Plc  6.21 $ 3,047.300  Millions$ 490  Millions
KAANAPALI LAND LLC  6.02 $ 12.254  Millions$ 2  Millions
Deere and Co  6.02 $ 46,364.000  Millions$ 7,703  Millions
Winnebago Industries Inc   5.96 $ 2,466.800  Millions$ 414  Millions
Kratos Defense and Security Solutions inc   5.65 $ 1,171.700  Millions$ 207  Millions
Xylem Inc   5.51 $ 5,545.000  Millions$ 1,006  Millions
Array Technologies Inc   5.47 $ 897.461  Millions$ 164  Millions
Atkore Inc   5.34 $ 2,348.533  Millions$ 440  Millions
Redwire Corporation  5.17 $ 341.530  Millions$ 66  Millions
The Gorman rupp Company  5.16 $ 482.458  Millions$ 94  Millions
Illinois Tool Works Inc  5.14 $ 8,826.000  Millions$ 1,717  Millions
Twin Vee Powercats Co   5.04 $ 13.465  Millions$ 3  Millions
Owens Corning  4.99 $ 7,289.000  Millions$ 1,461  Millions
Aaon Inc   4.98 $ 1,438.485  Millions$ 289  Millions
Laser Photonics Corporation  4.84 $ 7.088  Millions$ 1  Millions
Ferguson Enterprises Inc   4.80 $ 22,659.000  Millions$ 4,721  Millions
Off The Hook Ys Inc   4.67 $ 182.952  Millions$ 39  Millions
Malibu Boats Inc   4.56 $ 766.347  Millions$ 168  Millions
Hyster yale Inc   4.49 $ 2,971.100  Millions$ 661  Millions
Graham Corporation  4.39 $ 200.541  Millions$ 46  Millions
Spx Technologies Inc   4.38 $ 1,479.600  Millions$ 337  Millions
Aebi Schmidt Holding Ag  4.22 $ 1,573.932  Millions$ 373  Millions
Vontier Corporation  4.20 $ 1,416.900  Millions$ 337  Millions
Zebra Technologies Corporation  4.19 $ 2,948.000  Millions$ 704  Millions
Advanced Drainage Systems Inc   4.06 $ 1,973.992  Millions$ 487  Millions

Date modified: 2026-09-10T16:42:59+00:00




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