Wireless Telecom Group Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2023, Wireless Telecom Group Inc 's inventory turnover ratio sequentially decreased to 1.25 in the first quarter 2023, unsurprisingly, as the Wireless Telecom Group Inc markets continue to deteriorate, and WTT's faces growing challenges to bring down its inventories. Wireless Telecom Group Inc 's average inventory processing period in the Mar 31 2023 quarter, has increased to 292 days, from 240 days, in the Dec 31 2022 quarter.

Within Technology sector 306 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2023, to 654, from total ranking in the fourth quarter 2022 at 777.

WTT Inventory Turnover Ratio using Sales Formula
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WTT Inventory Turnover Ratio	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter
Y / Y Inventory Growth	24.76 %	-43.94 %	-41.12 %	-43.97 %	-46.27 %
Y / Y Cost of Sales Growth	-33.33 %	-85.35 %	-68.17 %	-66.04 %	-44.2 %
Inventory Turnover Ratio (TTM)	1.25	1.52	2.18	2.47	2.63
WTT's Total Ranking	# 654	# 777	# 1619	# 1177	# 1510
Average inventory processing period	291	240	168	148	139
Seq. Inventory Growth	22.04 %	-10.52 %	8.35 %	5.45 %	-45.16 %
Seq. Cost of Sales Growth	106.61 %	-51.6 %	0 %	-33.33 %	-54.61 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Communications Equipment Industry	# 17
Technology Sector	# 307
Overall Market	# 654

Inventory Turnover Ratio Statistics
High	Average	Low
4.18	2.51	1.23
(Mar 31 2018)		(Mar 31 2023)

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

Financial Statements
Wireless Telecom Group Inc 's Inventories	$ 6 Millions	Visit WTT's Balance sheet
Wireless Telecom Group Inc 's Cost of Revenues TTM	$ 7 Millions	Visit WTT's Income Statement
What are WTT's Sales?		Visit WTT's Sales by Segment

Other Inventory Turnover Ratios
Wireless Telecom Group Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Communications Equipment Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
WTT's Inventory Turnover Ratio versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for WTT's Competitors
Inventory Turnover Ratio for WTT's Suppliers
Inventory Turnover Ratio for WTT's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2023, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Mar 31 2023	Inventories at quarter ending Mar 31 2023
Pctel Inc	3.08	$ 51.927 Millions	$ 17 Millions
M tron Industries Inc	3.07	$ 21.851 Millions	$ 7 Millions
Park ohio Holdings Corp	3.07	$ 1,274.000 Millions	$ 416 Millions
R F Industries Ltd	3.04	$ 61.881 Millions	$ 20 Millions
Marvell Technology Inc	3.03	$ 3,000.600 Millions	$ 991 Millions
Maxlinear Inc	3.01	$ 469.146 Millions	$ 156 Millions
Lgl Group Inc	3.01	$ 10.887 Millions	$ 4 Millions
Advanced Energy Industries inc	3.00	$ 1,186.702 Millions	$ 396 Millions
Mesa Laboratories Inc	2.99	$ 85.387 Millions	$ 29 Millions
Powerfleet Inc	2.96	$ 68.000 Millions	$ 23 Millions
Infinera Corp	2.96	$ 1,055.416 Millions	$ 357 Millions
Lightpath Technologies Inc	2.93	$ 21.354 Millions	$ 7 Millions
Odysight ai Inc	2.93	$ 1.893 Millions	$ 1 Millions
Beam Global	2.93	$ 32.602 Millions	$ 11 Millions
Alarm com Holdings Inc	2.90	$ 328.666 Millions	$ 114 Millions
Western Digital Corporation	2.89	$ 10,934.000 Millions	$ 3,779 Millions
Shoals Technologies Group Inc	2.88	$ 210.774 Millions	$ 73 Millions
Ubiquiti Inc	2.87	$ 1,165.534 Millions	$ 406 Millions
Mirion Technologies Inc	2.87	$ 411.900 Millions	$ 144 Millions
Qualcomm Inc	2.87	$ 17,881.000 Millions	$ 6,240 Millions
Ambarella Inc	2.86	$ 119.537 Millions	$ 42 Millions
Coherent Corp	2.85	$ 2,895.801 Millions	$ 1,015 Millions
Quarta rad Inc	2.83	$ 0.503 Millions	$ 0 Millions
Impinj Inc	2.81	$ 137.918 Millions	$ 49 Millions
Cambium Networks Corp	2.81	$ 156.934 Millions	$ 56 Millions
Qorvo Inc	2.81	$ 2,272.457 Millions	$ 810 Millions
Harmonic Inc	2.80	$ 304.338 Millions	$ 109 Millions
Universal Electronics Inc	2.77	$ 378.001 Millions	$ 137 Millions
Guerrilla RF, Inc.	2.76	$ 4.692 Millions	$ 2 Millions
Smartrent Inc	2.74	$ 180.334 Millions	$ 66 Millions

Date modified: 2026-09-08T15:10:57+00:00

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