PHINIA Inc. (PHIN)
Inventory turnover
| Dec 31, 2023 | ||
|---|---|---|
| Cost of revenue | US$ in thousands | 3,231,000 |
| Inventory | US$ in thousands | 487,000 |
| Inventory turnover | 6.63 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $3,231,000K ÷ $487,000K
= 6.63
Peer comparison
Dec 31, 2023
Company name
Symbol
Inventory turnover
PHINIA Inc.
PHIN
6.63
Adient PLC
ADNT
17.08
American Axle & Manufacturing
AXL
11.30
Aptiv PLC
APTV
8.12
Autoliv Inc
ALV
9.05
BorgWarner Inc
BWA
8.86
Dana Inc
DAN
6.13
Dorman Products Inc
DORM
2.74
Gentex Corporation
GNTX
4.15
Gentherm Inc
THRM
6.47
LCI Industries
LCII
3.92