Encore Wire (WIRE) Inventory Turnover Ratio, from first quarter 2024 to first quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket Company Name, Ticker, Competitors, else..
 
Encore Wire Corp  (NASDAQ: WIRE)
 

Encore Wire Inventory Turnover Ratio (COS)

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

Encore Wire Corp inventory turnover ratio, the Encore Wire Corp's ability to sell and replace its inventory in the first quarter 2024, sequentially increased to 11.84 in the first quarter 2024, yet the ratio remained below the average, as WIRE's market remain challenging.Average processing period, for Encore Wire's inventories remained unchanged at 31 days, in the Mar 31 2024 quarter.

Within Basic Materials sector 32 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 28, from total ranking in the fourth quarter 2023 at 83.

WIRE Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Encore Wire Corp Market Share?

What is Inventory Turnover Ratio?



Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

WIRE 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 -0.12 % 6.85 % 16.74 % 34.42 % 49.47 %
Y / Y Cost of Sales Growth 8.91 % 11.66 % 5.58 % -9.11 % -4.99 %
Inventory Turnover Ratio (TTM) 11.84 11.59 11.46 11.71 12.87
WIRE's Total Ranking # 28 # 83 # 65 # 144 #
Average inventory processing period 31 31 32 31 28
Seq. Inventory Growth 6.1 % 2.95 % -2.59 % -6.13 % 13.51 %
Seq. Cost of Sales Growth -0.28 % 1.76 % 3.92 % 3.27 % 2.24 %




Inventory Turnover Ratio Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 7
Basic Materials Sector # 33
Overall Market # 28

Inventory Turnover Ratio Statistics
High Average Low
18.66 12.65 8.6
(Dec 31 2021)   (Dec 31 2016)



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

Financial Statements
Encore Wire's Inventories $ 174 Millions Visit WIRE's Balance sheet
Encore Wire's Cost of Revenues TTM $ 1,952 Millions Visit WIRE's Income Statement
What are WIRE's Sales? Visit WIRE's Sales by Segment

Other Inventory Turnover Ratios
Encore Wire's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Miscellaneous Fabricated Products Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
WIRE's Inventory Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for WIRE's Competitors
Inventory Turnover Ratio for WIRE's Suppliers
Inventory Turnover Ratio for WIRE's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Forward Industries Inc   29.93 $ 22.008  Millions$ 1  Millions
Valvoline Inc   27.78 $ 947.200  Millions$ 34  Millions
Aemetis Inc  24.06 $ 300.156  Millions$ 12  Millions
Solaris Energy Infrastructure Inc   22.26 $ 164.511  Millions$ 7  Millions
Proto Labs Inc   20.44 $ 278.917  Millions$ 14  Millions
Alto Ingredients Inc   20.12 $ 1,123.932  Millions$ 56  Millions
Lsb Industries Inc   19.97 $ 483.567  Millions$ 24  Millions
Rex American Resources Corporation  19.76 $ 679.398  Millions$ 34  Millions
Liquidmetal Technologies Inc  18.69 $ 0.472  Millions$ 0  Millions
Hecla Mining Company  18.17 $ 612.448  Millions$ 34  Millions
Masonite International Corporation  17.45 $ 2,158.427  Millions$ 124  Millions
Smith midland Corporation  16.32 $ 51.244  Millions$ 3  Millions
Techprecision Corp  15.85 $ 28.052  Millions$ 2  Millions
Gulf Resources Inc   15.55 $ 11.208  Millions$ 1  Millions
Azz Inc   15.54 $ 2,061.982  Millions$ 133  Millions
Lake Area Corn Processors Llc  14.58 $ 214.856  Millions$ 15  Millions
Apogee Enterprises Inc   14.33 $ 1,049.000  Millions$ 73  Millions
Idaho Strategic Resources Inc  13.56 $ 10.276  Millions$ 1  Millions
It Tech Packaging Inc  13.33 $ 71.297  Millions$ 5  Millions
Cardinal Ethanol Llc  13.29 $ 336.618  Millions$ 25  Millions
South 8 Energy Llc  12.98 $ 172.125  Millions$ 13  Millions
Air Products And Chemicals Inc   12.14 $ 8,336.600  Millions$ 687  Millions
Encore Wire Corp  11.84 $ 1,952.431  Millions$ 165  Millions
Crh Public Limited Company  11.54 $ 24,415.158  Millions$ 2,117  Millions
Core Molding Technologies Inc   11.53 $ 274.838  Millions$ 24  Millions
Janus International Group Inc   11.42 $ 609.000  Millions$ 53  Millions
Luxfer Holdings Plc  11.36 $ 319.200  Millions$ 28  Millions
Ranpak Holdings Corp   10.94 $ 212.300  Millions$ 19  Millions
Pure Bioscience Inc   10.51 $ 0.893  Millions$ 0  Millions
Smart Sand Inc   10.06 $ 254.946  Millions$ 25  Millions

Date modified: 2026-08-29T17:28:48+00:00




Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.