PHINIA Inc. (PHIN)

Inventory turnover

Dec 31, 2024 Dec 31, 2023
Cost of revenue US$ in thousands 3,152,000 3,231,000
Inventory US$ in thousands 444,000 487,000
Inventory turnover 7.10 6.63

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $3,152,000K ÷ $444,000K
= 7.10