Corning Inc Inventory Turnover Ratio (Sales)

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

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GLW Inventory to Sales Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Inventory Change	-2.72 %	-5.24 %	-8.2 %	-10.03 %	-2.75 %
Y / Y Sales Change	0.25 %	-6.39 %	-12.1 %	-9.03 %	-10.29 %
Inventory to Sales Ratio (TTM) Sales	4.63	4.59	4.6	4.65	4.64
Overall Ranking	# 1028	# 1048	# 1219	# 1394	# 357
Seq. Inventory Change	-1.14 %	1.76 %	0.41 %	-3.7 %	-3.7 %
Seq. Sales Change	9.28 %	-0.63 %	-5.64 %	-2.16 %	2.05 %

Inventory to Sales Ratio Comment

Corning Inc inventory to sales ratio sequentially increased to 4.63 in the second quarter 2024, below company average.

Within Technology sector 115 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Corning Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Corning Inc Customers?

Inventory to Sales Ratio Company Ranking
Within:	No.
Communications Equipment Industry	# 7
Technology Sector	# 116
Overall Market	# 1028

Inventory Turnover Ratio Statistics (Sales Formula)
High	Average	Low
14.42	7.13	4.54
(June 30. 2015)		(Sep 30 2020)

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