Skip to content

Innovate VATE Inventory turnover

Inventory turnover at other companies

MTZ
MasTecMTZ
115×+19.4×
Nucor logo
NucorNUE
5.4×+0.4×
VMI
Valmont IndustriesVMI
+0.4×
Foster (Lb) Co. logo
Foster (Lb) Co.FSTR
5.9×+1.2×
Atkore logo
AtkoreATKR
+1.1×
MAG
MagneraMAGN
7.8×

Other financials

Income statement

See full
Revenue$364.8M+33.0%
Gross profit$53.5M+17.6%
Operating income$10.0M+194%
Net income-$16.8M+31.4%
EPS (diluted)-$1.29+31.7%

Balance sheet

See full
Cash & equivalents$134.6M+297%
Total debt$1.4B+11.6%
Total equity-$256.3M-25.5%
Total assets$936.8M+7.9%

Cash flow

See full
Operating cash flow$45.5M+423%
CapEx$200.0K-95.7%
Free cash flow$45.3M+341%

Valuation

See full
Market cap$254.69M+274%

Where this comes from

Calculated from Innovate’s reported figures.

Based on trailing twelve months.

The official record: Innovate’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Innovate's inventory turnover.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Innovate's inventory turnover?
Innovate (VATE) reported inventory turnover of 64.3× in Q1 2026.
How has Innovate's inventory turnover changed year-over-year?
Innovate's inventory turnover increased by 55.1% year-over-year, from 41.5× to 64.3×.
What is the long-term trend for Innovate's inventory turnover?
Over 4 years (2021 to 2025), Innovate's inventory turnover has grown at a -7.0% compound annual growth rate (CAGR), from 75.9× to 56.9×.
What does inventory turnover mean?
Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.