Shoals Technologies Group Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the second quarter 2026, Shoals Technologies Group Inc 's inventory turnover ratio sequentially decreased to 3.24 in the second quarter 2026, unsurprisingly, as the Shoals Technologies Group Inc markets continue to deteriorate, and SHLS's faces growing challenges to bring down its inventories. Shoals Technologies Group Inc 's average inventory processing period in the Jun 30 2026 quarter, has increased to 113 days, from 94 days, in the Mar 31 2026 quarter.

Within Technology sector 169 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 942 in the first quarter 2026, to 1007.

SHLS Inventory Turnover Ratio using Sales Formula
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SHLS Inventory Turnover Ratio	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter
Y / Y Inventory Growth	224.65 %	159.91 %	60.56 %	-8.36 %	-5.18 %
Y / Y Cost of Sales Growth	65 %	90.38 %	50 %	11.84 %	16.95 %
Inventory Turnover Ratio (TTM)	3.24	3.88	4.59	4.68	4.42
SHLS's Total Ranking	# 1007	# 942	# 886	# 918	# 960
Average inventory processing period	113	94	79	78	83
Seq. Inventory Growth	16.18 %	76.9 %	48.93 %	6.07 %	-6.99 %
Seq. Cost of Sales Growth	15 %	-2.94 %	20 %	23.19 %	32.69 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 39
Technology Sector	# 170
Overall Market	# 1007

Inventory Turnover Ratio Statistics
High	Average	Low
5.27	4.11	2.88
(Jun 30 2024)		(Mar 31 2023)

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

Financial Statements
Shoals Technologies Group Inc 's Inventories	$ 185 Millions	Visit SHLS's Balance sheet
Shoals Technologies Group Inc 's Cost of Revenues TTM	$ 400 Millions	Visit SHLS's Income Statement
What are SHLS's Sales?		Visit SHLS's Sales by Segment

Other Inventory Turnover Ratios
Shoals Technologies Group Inc '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
SHLS's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SHLS's Competitors
Inventory Turnover Ratio for SHLS's Suppliers
Inventory Turnover Ratio for SHLS's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2026, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Jun 30 2026	Inventories at quarter ending Jun 30 2026
Logitech International s a	5.83	$ 2,699.977 Millions	$ 463 Millions
Extreme Networks Inc	5.75	$ 493.061 Millions	$ 86 Millions
Itron Inc	5.56	$ 1,385.262 Millions	$ 249 Millions
Cisco Systems Inc	5.30	$ 22,464.000 Millions	$ 4,240 Millions
Hp inc	5.19	$ 47,404.000 Millions	$ 9,137 Millions
Zspace Inc	5.17	$ 11.352 Millions	$ 2 Millions
Gopro Inc	5.12	$ 411.267 Millions	$ 80 Millions
Fabrinet	5.11	$ 4,084.586 Millions	$ 800 Millions
Diebold Nixdorf Incorporated	5.10	$ 2,894.500 Millions	$ 567 Millions
T1 Energy Inc	5.03	$ 913.031 Millions	$ 181 Millions
Benchmark Electronics Inc	4.95	$ 2,528.523 Millions	$ 511 Millions
Semileds Corp	4.84	$ 23.219 Millions	$ 5 Millions
Sonos Inc	4.82	$ 795.950 Millions	$ 165 Millions
Teradyne Inc	4.81	$ 1,819.467 Millions	$ 378 Millions
Kimball Electronics Inc	4.81	$ 1,312.624 Millions	$ 273 Millions
Nortech Systems Incorporated	4.81	$ 104.837 Millions	$ 22 Millions
Western Digital Corporation	4.76	$ 6,608.000 Millions	$ 1,388 Millions
Light and Wonder Inc	4.75	$ 858.000 Millions	$ 181 Millions
Viavi Solutions Inc	4.70	$ 641.400 Millions	$ 136 Millions
Flex Ltd	4.68	$ 26,478.000 Millions	$ 5,660 Millions
Amphenol Corporation	4.65	$ 17,842.100 Millions	$ 3,841 Millions
Sanmina Corporation	4.57	$ 11,613.711 Millions	$ 2,539 Millions
Blaize Holdings Inc	4.57	$ 43.374 Millions	$ 9 Millions
Formfactor inc	4.53	$ 514.320 Millions	$ 114 Millions
Imax Corporation	4.52	$ 168.551 Millions	$ 37 Millions
Nlight Inc	4.51	$ 212.866 Millions	$ 47 Millions
Guerrilla RF, Inc.	4.49	$ 8.568 Millions	$ 2 Millions
Seagate Technology Holdings Plc	4.40	$ 6,637.000 Millions	$ 1,509 Millions
Synaptics Incorporated	4.39	$ 659.200 Millions	$ 150 Millions
Interlink Electronics inc	4.39	$ 8.098 Millions	$ 2 Millions

Date modified: 2026-08-14T21:11:11+00:00

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