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Terex Corporation  (TEX)
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Terex Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2024, Terex's inventory turnover ratio sequentially decreased to 3.46 in the first quarter 2024, unsurprisingly, as the Terex markets continue to deteriorate, and TEX's faces growing challenges to bring down its inventories. Terex's average inventory processing period in the Mar 31 2024 quarter, has increased to 105 days, from 103 days, in the Dec 31 2023 quarter.

Within Capital Goods sector 89 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 140, from total ranking in the forth quarter 2023 at 172.

TEX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Terex Corporation Market Share?

What is Inventory Turnover Ratio?


TEX Inventory Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Inventory Growth 12.41 % 19.99 % 13.84 % 16.49 % 17.57 %
Y / Y Cost of Sales Growth 3.99 % -6.89 % 12.93 % 22.68 % 17.18 %
Inventory Turnover Ratio (TTM) 3.46 3.53 3.75 3.77 3.72
TEX's Total Ranking # 140 # 172 # 157 # 270 # 1172
Average inventory processing period 106 103 97 97 98
Seq. Inventory Growth 2.66 % 6.18 % -0.45 % 3.58 % 9.59 %
Seq. Cost of Sales Growth 3.66 % -3.76 % -5.9 % 10.78 % -7.19 %



Inventory Turnover Ratio Company Ranking
Within: No.
Construction & Mining Machinery Industry # 6
Capital Goods Sector # 90
Overall Market # 140

Inventory Turnover Ratio Statistics
High Average Low
6.08 3.53 1.84
(Dec 31 2013)   (Dec. 30, 2015)




Financial Statements
Terex's Inventories $ 1,218 Millions Visit TEX's Balance sheet
Terex's Cost of Revenues TTM $ 4,013 Millions Visit TEX's Income Statement
What are TEX's Sales? Visit TEX's Sales by Segment

Other Inventory Turnover Ratios
Terex's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Construction & Mining Machinery Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
TEX's Inventory Turnover Ratio versus Construction & Mining Machinery Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for TEX's Competitors
Inventory Turnover Ratio for TEX's Suppliers
Inventory Turnover Ratio for TEX's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Symbotic Inc   9.06 $ 1,269.875  Millions$ 140  Millions
Blue Bird Corporation  7.52 $ 1,037.943  Millions$ 138  Millions
Sci Engineered Materials inc   7.12 $ 23.527  Millions$ 3  Millions
Oil dri Corporation Of America  6.92 $ 307.975  Millions$ 45  Millions
Perma pipe International Holdings Inc   6.86 $ 104.385  Millions$ 15  Millions
Stem Inc   6.70 $ 439.589  Millions$ 66  Millions
John Bean Technologies Corporation  6.45 $ 1,536.700  Millions$ 238  Millions
Wabash National Corporation  6.39 $ 1,971.075  Millions$ 308  Millions
Leonardo Drs Inc   6.35 $ 2,275.000  Millions$ 358  Millions
Applied Industrial Technologies Inc   6.21 $ 3,156.686  Millions$ 508  Millions
Johnson Controls International Plc  6.11 $ 18,051.000  Millions$ 2,955  Millions
Miller Industries Inc   5.87 $ 1,054.142  Millions$ 179  Millions
Nn Inc   5.63 $ 411.840  Millions$ 73  Millions
Cavco Industries Inc   5.60 $ 1,367.000  Millions$ 244  Millions
Owens Corning  5.58 $ 6,872.000  Millions$ 1,231  Millions
Trans lux Corporation  5.49 $ 13.069  Millions$ 2  Millions
Carrier Global Corporation  5.39 $ 14,371.000  Millions$ 2,667  Millions
Eos Energy Enterprises Inc   5.31 $ 91.087  Millions$ 17  Millions
Donaldson Company Inc   5.31 $ 2,289.100  Millions$ 431  Millions
Kratos Defense and Security Solutions inc   5.24 $ 801.600  Millions$ 153  Millions
Thor Industries Inc   5.21 $ 8,752.069  Millions$ 1,680  Millions
Park Aerospace Corp   5.17 $ 39.000  Millions$ 8  Millions
Array Technologies Inc   5.15 $ 983.406  Millions$ 191  Millions
Illinois Tool Works Inc  5.03 $ 9,120.000  Millions$ 1,813  Millions
Fluence Energy Inc   4.95 $ 1,996.207  Millions$ 403  Millions
Ferguson Plc  4.94 $ 20,097.000  Millions$ 4,070  Millions
Malibu Boats Inc   4.89 $ 804.771  Millions$ 164  Millions
Xylem Inc   4.70 $ 5,026.000  Millions$ 1,070  Millions
Championx Corp  4.58 $ 2,576.591  Millions$ 563  Millions
Vontier Corporation  4.57 $ 1,411.400  Millions$ 309  Millions

Date modified: 2024-04-30T01:18:23+00:00



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