3M MMM Inventory turnover
Inventory turnover at other companies
Other financials
Where this comes from
Calculated from 3M’s reported figures.
Based on trailing twelve months.
The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is 3M's inventory turnover?
- 3M (MMM) reported inventory turnover of 4× in Q1 2026.
- How has 3M's inventory turnover changed year-over-year?
- 3M's inventory turnover increased by 21.2% year-over-year, from 3.3× to 4×.
- What is the long-term trend for 3M's inventory turnover?
- Over 4 years (2021 to 2025), 3M's inventory turnover has grown at a -2.4% compound annual growth rate (CAGR), from 16.1× to 14.6×.
- What does inventory turnover mean?
- How many times a year the company sells through and restocks its inventory.
- How do you interpret inventory turnover?
- Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
- How does inventory turnover compare across companies?
- Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.