Electronics inventory turnover.
Component obsolescence forces a 55-day cycle to avoid write-downs.
Where the 6.5x median comes from
The 6.5x figure is the cross-firm median for electronics as of 2026-06-20, derived from the NYU Stern working-capital dataset maintained by Aswath Damodaran. Top-quartile operators in this category clear 9.0x; the bottom quartile sits at 4.5x.
At the median, average inventory equals roughly 56 days of cost of goods sold. A business under bank-covenant review should compare its trailing-twelve-month ratio against this median first, then against the 9.0x top-quartile mark before setting a working-capital target.
Benchmark band
The band below plots a hypothetical 6.5x ratio against the industry axis. Colour bands flag whether a result is within fifteen percent of the median (caution), above it (healthy), or more than fifteen percent below it (risk).
Five-year trend
The electronics median has moved from 6.0x in the earliest comparable year to 6.5x in the latest pull, a gradual lift of 0.5 turns.
How to use this number
- Pull trailing-twelve-month COGS and the matching average inventory balance from the GL.
- Compute your turnover with the calculator on the homepage. Select the Electronics benchmark.
- If your ratio is below 6.5x by more than fifteen percent, start the playbook at diagnose low turnover.
- If you sit above 9.0x, confirm stock-out frequency before declaring victory. See high vs low turnover.