3M Company (MMM)
Inventory turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 15,080,000 | 14,495,000 | 18,477,000 | 19,263,000 | 18,743,000 |
| Inventory | US$ in thousands | 3,661,000 | 3,698,000 | 3,944,000 | 5,372,000 | 4,985,000 |
| Inventory turnover | 4.12 | 3.92 | 4.68 | 3.59 | 3.76 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $15,080,000K ÷ $3,661,000K
= 4.12
Peer comparison
Dec 31, 2025
Company name
Symbol
Inventory turnover
3M Company
MMM
4.12
Matthews International Corporation
MATW
4.88