Mitek Systems

Mitek Systems Inventory Turnover

The Inventory Turnover Ratio of Mitek Systems (MITK) as of Oct 12, 2026 is 11.48. In the previous year, Inventory Turnover Ratio was 10.00 — a change of 14.71% (higher).

Inventory Turnover

11.48

YoY

14.71%

Last updated:

Inventory Turnover Ratio of Mitek Systems is 2023 11.48 . Inventory Turnover Ratio of Mitek Systems was 2022 10.00 . It decreases by 14.71% higher compared to the previous year.

The Mitek Systems Inventory Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Inventory Turnover
Date
Inventory Turnover
Jan 1, 2015
2.47 M USD
Jan 1, 2017
4.04 M USD
Jan 1, 2018
8.69 M USD
Jan 1, 2019
8.25 USD
Jan 1, 2020
9.86 USD
Jan 1, 2021
7.57 USD
Jan 1, 2022
10.00 USD
Jan 1, 2023
11.48 USD
The Mitek Systems Inventory Turnover history
YEARInventory TurnoverYoY
11.48+14.71%
10.00+32.10%
7.57-23.19%
9.86+19.53%
8.25-100.00%
8.69 M+114.95%
4.04 M+63.54%
2.47 M—
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Mitek Systems Stock analysis

What does Mitek Systems do? Mitek Systems Inc. is a US technology company specializing in mobile banking, mobile image processing, mobile identity verification, and mobile document recognition. The company has a long history of developing and implementing innovative technologies in mobile document capture. Their core areas of business include mobile deposit, mobile identity verification, and biometric authentication for mobile transactions. They also have a subsidiary, A2iA, specializing in handwritten and machine-printed text recognition. Mitek Systems aims to provide efficient and optimized solutions for businesses and organizations worldwide. Mitek Systems is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mitek Systems stock

Inventory Turnover Ratio of Mitek Systems is 11.48 in 2023.

Inventory Turnover Ratio of Mitek Systems changed from 10.00 to 11.48, representing a 14.71% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio Mitek Systems since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's Mitek Systems with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — Mitek Systems

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