Tower International (TOWR) Inventory Turnover Ratio, from second quarter 2019 to second quarter 2018, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Tower International, Inc.  (TOWR)
 

Tower International Inventory Turnover Ratio (COS)

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

Due to inventory build up in the second quarter 2019, Tower International's inventory turnover ratio sequentially decreased to 16.05 in the second quarter 2019, unsurprisingly, as the Tower International markets continue to deteriorate, and TOWR's faces growing challenges to bring down its inventories. Tower International's average inventory processing period in the Jun 30 2019 quarter, has increased to 23 days, from 21 days, in the Mar 31 2019 quarter.

Within Consumer Discretionary sector 5 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Second Quarter 2019 compared to previous quarter at no. 393.

TOWR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Tower International, Inc. Market Share?

What is Inventory Turnover Ratio?




TOWR Inventory Turnover Ratio (Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
(Jun 30 2018)
II. Quarter
Y / Y Inventory Growth -18.24 % -26.17 % -11.82 % 15.44 % 15.25 %
Y / Y Cost of Sales Growth -37.19 % -32.1 % -82.88 % 14.7 % 14.85 %
Inventory Turnover Ratio (TTM) 16.05 17.58 18.31 22.34 22.46
TOWR's Total Ranking # 393 # 393 # 392 # 392 # 392
Average inventory processing period 23 21 20 16 16
Seq. Inventory Growth 10.37 % -7.82 % -25.86 % 8.4 % -0.34 %
Seq. Cost of Sales Growth -9.65 % 324.31 % -82.59 % -5.9 % -2.33 %




Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 4
Consumer Discretionary Sector # 6
Overall Market # 393

Inventory Turnover Ratio Statistics
High Average Low
23.79 21.12 16.05
(Jun 30 2016)   (Jun 30 2019)




Financial Statements
Tower International's Inventories $ 71 Millions Visit TOWR's Balance sheet
Tower International's Cost of Revenues TTM $ 1,194 Millions Visit TOWR's Income Statement
What are TOWR's Sales? Visit TOWR's Sales by Segment

Other Inventory Turnover Ratios
Tower International's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Auto & Truck Parts Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
TOWR's Inventory Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for TOWR's Competitors
Inventory Turnover Ratio for TOWR's Suppliers
Inventory Turnover Ratio for TOWR's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2019, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2019 Inventories at quarter ending Jun 30 2019
Adient Plc  19.37 $ 15,854.000  Millions$ 819  Millions
Vinco Ventures Inc   16.17 $ 15.144  Millions$ 1  Millions
Cooper standard Holdings Inc   16.09 $ 2,931.647  Millions$ 182  Millions
Tower International, Inc.  16.05 $ 1,194.477  Millions$ 74  Millions
Lear Corp  14.63 $ 18,001.500  Millions$ 1,231  Millions
Magna International Inc   13.46 $ 35,055.000  Millions$ 2,605  Millions
Dauch Corporation  13.16 $ 5,971.400  Millions$ 454  Millions
Visteon Corp  13.04 $ 2,568.000  Millions$ 197  Millions
Kimball International Inc   11.22 $ 513.518  Millions$ 46  Millions
Ford Motor Co  10.69 $ 130,389.000  Millions$ 12,200  Millions
General Motors Company  10.49 $ 114,611.000  Millions$ 10,926  Millions
Lci Industries  10.44 $ 3,373.799  Millions$ 323  Millions
Garrett Motion Inc   10.23 $ 1,865.000  Millions$ 182  Millions
Borgwarner Inc   10.05 $ 8,077.900  Millions$ 804  Millions
Acacia Diversified Holdings Inc   9.77 $ 0.416  Millions$ 0  Millions
Cintas Corporation  9.62 $ 3,027.599  Millions$ 315  Millions
Simply Inc   9.49 $ 28.095  Millions$ 3  Millions
Toyota Motor Corp  9.16 $ 219,388.644  Millions$ 23,944  Millions
Graybar Electric Company Inc   8.92 $ 6,033.591  Millions$ 677  Millions
Aptiv Plc  8.90 $ 11,721.000  Millions$ 1,316  Millions
Autoliv Inc   8.70 $ 6,511.700  Millions$ 748  Millions
Modine Manufacturing Co  8.69 $ 1,821.000  Millions$ 210  Millions
Strattec Security Corp  8.58 $ 449.769  Millions$ 52  Millions
Commercial Vehicle Group Inc   8.57 $ 804.900  Millions$ 94  Millions
Navistar International Corporation  8.28 $ 9,683.000  Millions$ 1,170  Millions
Purple Innovation Inc   8.08 $ 206.051  Millions$ 26  Millions
Steven Madden Ltd   7.87 $ 1,074.883  Millions$ 137  Millions
Unique Fabricating Inc   7.81 $ 126.642  Millions$ 16  Millions
Gentex Corporation  7.80 $ 1,734.715  Millions$ 222  Millions
Lydall Inc  7.67 $ 682.318  Millions$ 89  Millions

Date modified: 2026-08-29T17:25:57+00:00




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