On Track Innovations Ltd. Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2022, On Track Innovations Ltd's inventory turnover ratio sequentially decreased to 3.51 in the first quarter 2022, unsurprisingly, as the On Track Innovations Ltd markets continue to deteriorate, and OTIV's faces growing challenges to bring down its inventories. On Track Innovations Ltd's average inventory processing period in the Mar 31 2022 quarter, has increased to 104 days, from 97 days, in the Dec 31 2021 quarter.

Within Technology sector 187 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1184 in the fourth quarter 2021, to 1255.

OTIV Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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OTIV Inventory Turnover Ratio	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter	(Mar 31 2021) I. Quarter
Y / Y Inventory Growth	43.27 %	106.05 %	-4.64 %	-12.87 %	-21.69 %
Y / Y Cost of Sales Growth	12.96 %	1391.57 %	102.56 %	-20.53 %	-32.41 %
Inventory Turnover Ratio (TTM)	3.51	3.76	2.92	2.12	2.23
OTIV's Total Ranking	# 1255	# 1184	# 1252	# 1739	# 1252
Average inventory processing period	104	97	125	172	164
Seq. Inventory Growth	6.06 %	-0.71 %	17.54 %	15.75 %	52.54 %
Seq. Cost of Sales Growth	-60.36 %	4.79 %	98.24 %	37.19 %	423.37 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 47
Technology Sector	# 188
Overall Market	# 1255

Inventory Turnover Ratio Statistics
High	Average	Low
22.22	3.6	0.99
(Jun 30 2014)		(Sep 30 2016)

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

Financial Statements
On Track Innovations Ltd's Inventories	$ 3 Millions	Visit OTIV's Balance sheet
On Track Innovations Ltd's Cost of Revenues TTM	$ 11 Millions	Visit OTIV's Income Statement
What are OTIV's Sales?		Visit OTIV's Sales by Segment

Other Inventory Turnover Ratios
On Track Innovations Ltd's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Semiconductors Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
OTIV's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for OTIV's Competitors
Inventory Turnover Ratio for OTIV's Suppliers
Inventory Turnover Ratio for OTIV's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2022, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Mar 31 2022	Inventories at quarter ending Mar 31 2022
Netscout Systems Inc	8.78	$ 214.186 Millions	$ 24 Millions
Scworx Corp	8.35	$ 44.442 Millions	$ 5 Millions
Datto Holding Corp	8.23	$ 282.620 Millions	$ 34 Millions
Itron Inc	8.07	$ 1,395.980 Millions	$ 173 Millions
Juniper Networks Inc	8.03	$ 2,055.300 Millions	$ 256 Millions
Ribbon Communications inc	7.99	$ 413.215 Millions	$ 52 Millions
Skywater Technology Inc	7.96	$ 180.446 Millions	$ 23 Millions
Fg Group Holdings Inc	7.60	$ 22.723 Millions	$ 3 Millions
Magnachip Semiconductor Corporation	7.60	$ 297.147 Millions	$ 39 Millions
Broadcom Inc	7.56	$ 10,671.000 Millions	$ 1,411 Millions
Netlist Inc	7.55	$ 126.062 Millions	$ 17 Millions
Synaptics Incorporated	7.46	$ 743.300 Millions	$ 100 Millions
Csp inc	7.41	$ 31.865 Millions	$ 4 Millions
Odysight ai Inc	7.38	$ 1.193 Millions	$ 0 Millions
Vpr Brands Lp	7.26	$ 3.933 Millions	$ 1 Millions
Creative Realities Inc	7.16	$ 14.175 Millions	$ 2 Millions
Bonso Electronics International Inc.	7.13	$ 7.679 Millions	$ 1 Millions
Dirtt Environmental Solutions Ltd	7.12	$ 133.037 Millions	$ 19 Millions
Aktis Oncology Inc	7.09	$ 16.248 Millions	$ 2 Millions
Imageware Systems Inc	7.08	$ 0.345 Millions	$ 0 Millions
Avid Technology Inc	6.89	$ 145.077 Millions	$ 21 Millions
Onespan Inc	6.79	$ 71.224 Millions	$ 10 Millions
Par Technology Corporation	6.75	$ 236.160 Millions	$ 35 Millions
Mayville Engineering Company inc	6.66	$ 426.977 Millions	$ 64 Millions
Seagate Technology Holdings Plc	6.66	$ 8,451.000 Millions	$ 1,269 Millions
Cts Corporation	6.66	$ 335.825 Millions	$ 50 Millions
Bnb Plus Corp	6.65	$ 7.613 Millions	$ 1 Millions
Franklin Wireless Corp	6.62	$ 18.670 Millions	$ 3 Millions
Hp inc	6.32	$ 52,111.000 Millions	$ 8,242 Millions
Methode Electronics Inc	6.26	$ 898.700 Millions	$ 144 Millions

Date modified: 2026-08-31T10:45:50+00:00

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