Inventory Turnover TTM
TTM

The Inventory Turnover ratio is an efficiency ratio used to calculate the number of times inventory is sold and replaced in given time period. It is calculated by taking the Cost of Goods Sold and dividing this by the Average Inventory. COGS is used instead of sales because sales are recorded at market value, while inventories are usually recorded at cost. The Inventory Turnover ratio is measured on a TTM basis.

Stockopedia explains Inv Turnover

The Inventory Turnover ratio measures how well a company manages its inventory and should be compared against industry averages. A high ratio indicates that the company manages its inventory well by purchasing the correct amount of stock, and/or selling it quite quickly. A low ratio points to the opposite, with excess stock and/or poor sales highlighting inefficient inventory management.

The formula is: Cost of Goods Sold / Average Inventory

This ratio is measured on a [TTM] (/learn/our-data/understanding-ttm-trailing-twelve-month-462843 basis.

Ranks: High to Low
Unit: %
Available in screener
Available as Table Column

The 5 highest Inv Turnover Stocks in the Market

Ticker Name Inv Turnover StockRank
HKG:882 Tianjin Development Holdings 2.52 57
BIT:ACE Acea SpA 18.88 70
NYQ:GNE Genie Energy 16.1 72
ETR:RWE RWE AG 7.21 53
NYQ:BKH Black Hills 0 58
Screen for more high-ranking Inv Turnover stocks
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.