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Taitron Components Incorporated (TAIT) |
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Taitron Components Incorporated Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Due to the increase in investments during the third quarter 2023, Taitron Components Incorporated's asset turnover ratio sequentially decreased to 0.39 in the third quarter (Sep 30 2023), this is lower than usual.
Within sector 7 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2023 compared to the preceding quarter from 1776 to 2395.
What is Asset Turnover Ratio?
What is Taitron Components Incorporated Market Share?
Select the Comparisons :
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Select the Ratio:
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TAIT Asset Turnover Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Asset Change |
3.72 % |
4.64 % |
2.93 % |
1.17 % |
12.04 % |
Y / Y Revenue Change |
-32.04 % |
-46.59 % |
34.41 % |
-21.51 % |
-7.44 % |
Asset Turnover Ratio (TTM) |
0.39 |
0.43 |
0.51 |
0.48 |
0.51 |
TAIT's Total
Ranking |
# 2395 |
# 1776 |
# 1713 |
# 1844 |
# 1443 |
Seq. Asset Change |
0.65 % |
1.28 % |
3.67 % |
-1.85 % |
1.54 % |
Seq. Revenue Change |
4.9 % |
-28.57 % |
17.13 % |
-22.57 % |
-17.56 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
0.61 |
0.45 |
0.31 |
(Dec 31 2018) |
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(March 31, 2014) |
Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2023, within Consumer Discretionary Sector | Asset Turnover Ratio | Revenues for 12 Months ending Sep 30 2023 | Assets at quarter ending Sep 30 2023 | Federal Signal Corporation | 1.04 | $ 1,665.800 Millions | $ 1,605.975 Millions | Interface Inc | 1.03 | $ 1,269.286 Millions | $ 1,235.326 Millions | Lkq Corporation | 1.01 | $ 13,022.000 Millions | $ 12,845.000 Millions | Ethan Allen Interiors Inc | 1.01 | $ 740.895 Millions | $ 735.080 Millions | Nova Lifestyle Inc | 1.01 | $ 10.034 Millions | $ 9.978 Millions | Wolverine World Wide Inc | 1.00 | $ 2,381.700 Millions | $ 2,374.500 Millions | Borgwarner Inc | 1.00 | $ 16,430.000 Millions | $ 16,383.000 Millions | Crown Crafts Inc | 1.00 | $ 81.567 Millions | $ 81.384 Millions | Bird Global Inc | 1.00 | $ 213.956 Millions | $ 214.216 Millions | Voxx International Corporation | 0.97 | $ 505.128 Millions | $ 521.954 Millions | Johnson Outdoors Inc | 0.96 | $ 663.087 Millions | $ 694.267 Millions | Ralph Lauren Corporation | 0.95 | $ 6,502.600 Millions | $ 6,855.225 Millions | Paccar Inc | 0.95 | $ 32,358.100 Millions | $ 34,191.250 Millions | Peloton Interactive Inc | 0.95 | $ 2,778.400 Millions | $ 2,939.825 Millions | Tapestry Inc | 0.94 | $ 6,668.000 Millions | $ 7,125.350 Millions | Escalade Incorporated | 0.93 | $ 270.196 Millions | $ 289.191 Millions | Leggett and Platt Inc | 0.93 | $ 4,805.800 Millions | $ 5,169.500 Millions | Container Store Group Inc | 0.91 | $ 942.446 Millions | $ 1,037.915 Millions | Gentex Corporation | 0.90 | $ 2,202.933 Millions | $ 2,451.501 Millions | Fox Factory Holding Corp | 0.89 | $ 1,538.745 Millions | $ 1,727.722 Millions | The Goodyear Tire and Rubber Company | 0.89 | $ 20,324.000 Millions | $ 22,948.500 Millions | Aptiv Plc | 0.88 | $ 19,772.000 Millions | $ 22,352.250 Millions | Bwx Technologies Inc | 0.88 | $ 2,394.971 Millions | $ 2,713.815 Millions | Movado Group Inc | 0.88 | $ 667.287 Millions | $ 760.574 Millions | Rocky Brands Inc | 0.87 | $ 474.480 Millions | $ 547.154 Millions | Mattel Inc | 0.86 | $ 5,221.596 Millions | $ 6,037.949 Millions | Crocs inc | 0.86 | $ 3,947.331 Millions | $ 4,570.480 Millions | Dorman Products Inc | 0.85 | $ 1,935.805 Millions | $ 2,279.910 Millions | Delta Apparel Inc | 0.85 | $ 415.013 Millions | $ 490.656 Millions | V F Corporation | 0.82 | $ 11,390.855 Millions | $ 13,872.509 Millions |
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