International Business Machines (IBM)
Inventory turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 27,350,000 | 27,201,000 | 27,560,000 | 27,842,000 | 25,865,000 |
| Inventory | US$ in thousands | 1,220,000 | 1,289,000 | 1,161,000 | 1,552,000 | 1,649,000 |
| Inventory turnover | 22.42 | 21.10 | 23.74 | 17.94 | 15.69 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $27,350,000K ÷ $1,220,000K
= 22.42
Peer comparison
Dec 31, 2025
Company name
Symbol
Inventory turnover
International Business Machines
IBM
22.42
Accenture plc
ACN
—
Concentrix Corporation
CNXC
—
Penguin Solutions, Inc.
PENG
3.82