General Motors Inventory Turnover Ratio 2010-2024 | GM
Current and historical inventory turnover ratio for General Motors (GM) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. General Motors inventory turnover ratio for the three months ending March 31, 2024 was 2.12.
| General Motors Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Domestic |
$51.434B |
$171.842B |
|
General Motors the auto giant has had a long and checkered history. The company rose to dominate the U.S. industry; however, hit by the financial crisis, General Motors filed for bankruptcy and within few months, the firm emerged from bankruptcy. The company is stepping up to embrace an electric future and gain a strong foothold in the fast-growing market. The automaker plans to roll out fresh EV models. The firm's own modular battery platform, the Ultium Drive system, will aid in the transition to an all-electric portfolio.?The major EV offerings would include GMC Hummer e-pickup, Cadillac LYRIQ, Chevrolet Silverado EV, Chevrolet Equinox and Blazer EVs. The company will also offer an electric version of GMC's Sierra pickup truck.?General Motors, and its strategic partners, produces, sells and services cars, trucks and parts under four core brands - Chevrolet, Buick, GMC and Cadillac. General Motors assembles passenger cars, crossover vehicles, light trucks, sport utility vehicles, vans and other vehicles.
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