NOVONIX

NOVONIX Inventory Turnover

The Inventory Turnover Ratio of NOVONIX (NVX.AX) as of Oct 28, 2026 is 12.15. In the previous year, Inventory Turnover Ratio was 18.36 — a change of -33.83% (lower).

Inventory Turnover

12.15

YoY

-33.83%

Last updated:

Inventory Turnover Ratio of NOVONIX is 2025 12.15 . Inventory Turnover Ratio of NOVONIX was 2024 18.36 . It decreases by -33.83% lower compared to the previous year.

The NOVONIX Inventory Turnover history

  • 3 Years

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  • 25 Years

  • Max

Inventory Turnover
Date
Inventory Turnover
Jan 1, 2018
2.55 USD
Jan 1, 2019
3.89 USD
Jan 1, 2020
2.13 USD
Jan 1, 2021
7.72 USD
Jan 1, 2022
3.12 USD
Jan 1, 2023
11.57 USD
Jan 1, 2024
18.36 USD
Jan 1, 2025
12.15 USD
The NOVONIX Inventory Turnover history
YEARInventory TurnoverYoY
12.15-33.83%
18.36+58.60%
11.57+271.27%
3.12-59.64%
7.72+261.96%
2.13-45.14%
3.89+52.70%
2.55-37.05%
4.05-40.03%
6.75—

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NOVONIX Stock analysis

What does NOVONIX do? NOVONIX Ltd. generates revenue through its two divisions: NOVONIX Anode Materials (NAM) and NOVONIX Battery Technology Solutions (BTS). The NAM division sells synthetic graphite anode materials used in lithium-ion batteries for electric vehicles, personal electronics, medical devices, and energy storage systems. The BTS division provides advanced battery testing equipment and services, offering front-line access across the battery value chain to support battery development. Both divisions serve global clients in the lithium-ion battery industry, including manufacturers and researchers seeking to enhance battery performance and production efficiency. The company manufactures battery cell testing equipment in Canada and expands its synthetic graphite anode material production in the U.S., targeting key markets for electric vehicle and energy storage applications. NAM materials are integral to battery manufacturing, while BTS equipment and services cater to research and development needs, enabling clients to optimize battery technologies. This dual-product strategy allows NOVONIX to address both material supply and technical support segments within the battery industry. NOVONIX's revenue streams are derived from direct sales of materials and equipment to battery producers and research institutions. The NAM division's synthetic graphite anode materials power applications in electric vehicles, personal electronics, medical devices, and energy storage units, while the BTS division's testing equipment and services support global battery development efforts. The company's focus on integrated solutions ensures consistent demand from clients across the battery value chain. NOVONIX is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NOVONIX stock

Inventory Turnover Ratio of NOVONIX is 12.15 in 2025.

Inventory Turnover Ratio of NOVONIX changed from 18.36 to 12.15, representing a -33.83% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio NOVONIX 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 NOVONIX 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 — NOVONIX

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