International Business Machines (IBM)
Inventory turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 27,818,000 | 27,365,000 | 27,173,000 | 26,992,000 | 27,201,000 | 27,201,000 | 27,382,000 | 27,536,000 | 27,560,000 | 27,504,000 | 27,452,000 | 27,724,000 | 27,843,000 | 27,979,000 | 27,447,000 | 26,567,000 | 25,865,000 | 28,515,000 | 31,500,000 | 34,557,000 |
| Inventory | US$ in thousands | 1,220,000 | 1,397,000 | 1,251,000 | 1,431,000 | 1,289,000 | 1,367,000 | 1,234,000 | 1,212,000 | 1,161,000 | 1,399,000 | 1,501,000 | 1,603,000 | 1,552,000 | 1,794,000 | 1,684,000 | 1,776,000 | 1,649,000 | 1,891,000 | 1,807,000 | 1,828,000 |
| Inventory turnover | 22.80 | 19.59 | 21.72 | 18.86 | 21.10 | 19.90 | 22.19 | 22.72 | 23.74 | 19.66 | 18.29 | 17.30 | 17.94 | 15.60 | 16.30 | 14.96 | 15.69 | 15.08 | 17.43 | 18.90 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $27,818,000K ÷ $1,220,000K
= 22.80
Peer comparison
Dec 31, 2025
Dec 31, 2025
Company name
Symbol
Inventory turnover
International Business Machines
IBM
22.80
Accenture plc
ACN
—
Concentrix Corporation
CNXC
—
Penguin Solutions, Inc.
PENG
3.82
See also:
International Business Machines Inventory Turnover (Quarterly Data)