Tessco Technologies Incorporated (TESS) Inventory Turnover Ratio, from fourth quarter 2023 to fourth quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Tessco Technologies Incorporated  (NASDAQ: TESS)
 

Tessco Technologies Incorporated Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2023, Tessco Technologies Incorporated's inventory turnover ratio sequentially decreased to 5.26 in the fourth quarter 2023, unsurprisingly, as the Tessco Technologies Incorporated markets continue to deteriorate, and TESS's faces growing challenges to bring down its inventories. Tessco Technologies Incorporated's average inventory processing period in the Mar 26 2023 quarter, has increased to 69 days, from 65 days, in the Dec 25 2022 quarter.

Within Consumer Discretionary sector 36 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2023, to 701, from total ranking in the third quarter 2023 at 758.

TESS Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Tessco Technologies Incorporated Market Share?

What is Inventory Turnover Ratio?



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TESS Inventory Turnover Ratio (Mar 26 2023)
IV. Quarter		 (Dec 25 2022)
III. Quarter		 (Sep 25 2022)
II. Quarter		 (Jun 26 2022)
I. Quarter		 (Mar 27 2022)
IV. Quarter
Y / Y Inventory Growth 31.12 % 37.53 % 22.93 % -13.38 % 5.44 %
Y / Y Cost of Sales Growth 1.22 % 10.08 % 8.55 % 5.31 % 14.95 %
Inventory Turnover Ratio (TTM) 5.26 5.6 5.91 6.13 5.81
TESS's Total Ranking # 701 # 758 # 464 # 704 # 736
Average inventory processing period 69 65 62 60 63
Seq. Inventory Growth 3.53 % 0.4 % 18.04 % 6.86 % 8.59 %
Seq. Cost of Sales Growth -8.25 % -5.34 % 7.27 % 8.64 % -0.22 %




Inventory Turnover Ratio Company Ranking
Within: No.
Electronic Parts & Equipment Industry # 4
Consumer Discretionary Sector # 37
Overall Market # 701

Inventory Turnover Ratio Statistics
High Average Low
7.87 6.01 4.86
(Sep 29 2013)   (Sep 26 2021)



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

Financial Statements
Tessco Technologies Incorporated's Inventories $ 73 Millions Visit TESS's Balance sheet
Tessco Technologies Incorporated's Cost of Revenues TTM $ 361 Millions Visit TESS's Income Statement
What are TESS's Sales? Visit TESS's Sales by Segment

Other Inventory Turnover Ratios
Tessco Technologies Incorporated's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Electronic Parts & Equipment Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
TESS's Inventory Turnover Ratio versus Electronic Parts & Equipment Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for TESS's Competitors
Inventory Turnover Ratio for TESS's Suppliers
Inventory Turnover Ratio for TESS's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 26 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 26 2023 Inventories at quarter ending Mar 26 2023
Lear Corp  12.20 $ 20,010.200  Millions$ 1,640  Millions
Dauch Corporation  11.23 $ 5,181.400  Millions$ 462  Millions
Luminar Technologies Inc   10.75 $ 113.462  Millions$ 11  Millions
Utime Limited  10.54 $ 24.809  Millions$ 2  Millions
Garrett Motion Inc   10.46 $ 2,975.000  Millions$ 285  Millions
Visteon Corp  10.36 $ 3,503.000  Millions$ 338  Millions
Ford Motor Co  9.42 $ 140,113.000  Millions$ 14,870  Millions
Polished com Inc   9.23 $ 401.330  Millions$ 43  Millions
Graybar Electric Company Inc   8.76 $ 8,610.500  Millions$ 983  Millions
Autoliv Inc   8.17 $ 7,723.000  Millions$ 946  Millions
Otis Worldwide Corporation  7.90 $ 4,857.000  Millions$ 615  Millions
General Motors Company  7.82 $ 129,786.000  Millions$ 16,588  Millions
Sleep Number Corporation  7.75 $ 902.561  Millions$ 116  Millions
Borgwarner Inc   7.65 $ 13,006.000  Millions$ 1,700  Millions
Superior Industries International Inc   7.63 $ 1,459.964  Millions$ 191  Millions
Cintas Corporation  7.48 $ 3,646.686  Millions$ 487  Millions
Wesco International Inc   7.11 $ 23,807.009  Millions$ 3,346  Millions
Nu Ride Inc   6.91 $ 60.834  Millions$ 9  Millions
Aptiv Plc  6.46 $ 15,323.000  Millions$ 2,373  Millions
Allison Transmission Holdings Inc   6.42 $ 1,495.000  Millions$ 233  Millions
Whirlpool Corp  6.25 $ 16,468.000  Millions$ 2,636  Millions
Commercial Vehicle Group Inc   6.21 $ 903.557  Millions$ 146  Millions
Arrow Electronics inc   6.16 $ 32,043.782  Millions$ 5,204  Millions
Modine Manufacturing Co  6.14 $ 1,906.900  Millions$ 311  Millions
Jakks Pacific Inc   6.04 $ 569.984  Millions$ 94  Millions
Dana Incorporated  5.84 $ 9,525.000  Millions$ 1,632  Millions
Tesla Inc   5.79 $ 66,131.000  Millions$ 11,412  Millions
Strattec Security Corp  5.77 $ 422.730  Millions$ 73  Millions
Carter s Inc   5.51 $ 4,294.723  Millions$ 779  Millions
Surge Components Inc   5.49 $ 36.583  Millions$ 7  Millions

Date modified: 2026-08-29T02:40:14+00:00




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