CSIMarket
 
Compass Minerals International Inc   (CMP)
Other Ticker:  
 
 

Compass Minerals International Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Due to inventory build up in the first quarter 2024, Compass Minerals International Inc 's inventory turnover ratio sequentially decreased to 0.95 in the first quarter 2023, unsurprisingly, as the Compass Minerals International Inc markets continue to deteriorate, and CMP's faces growing challenges to bring down its inventories. Compass Minerals International Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 384 days, from 341 days, in the Sep 30 2023 quarter.

Within Basic Materials sector 150 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 246, from total ranking in the forth quarter 2023 at 1614.

CMP Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Compass Minerals International Inc Market Share?

What is Inventory Turnover Ratio?


CMP Inventory Turnover Ratio (Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Inventory Growth 30.4 % 28.84 % 26.48 % 24.21 % -2.18 %
Y / Y Cost of Sales Growth -15.27 % -15.69 % -9.71 % -18.74 % 12.23 %
Inventory Turnover Ratio (TTM) 0.95 1.07 1.18 1.27 1.44
CMP's Total Ranking # 246 # 1614 # 1041 # 1548 # 1672
Average inventory processing period 385 342 310 287 253
Seq. Inventory Growth 0.08 % 15.32 % 29.96 % -13.06 % -1.12 %
Seq. Cost of Sales Growth 66.06 % 3.4 % -59.26 % 21.14 % 65.23 %



Inventory Turnover Ratio Company Ranking
Within: No.
Construction Raw Materials Industry # 8
Basic Materials Sector # 151
Overall Market # 246

Inventory Turnover Ratio Statistics
High Average Low
5.35 2.68 0.79
(June 30. 2014)   (Dec 31 2020)




Financial Statements
Compass Minerals International Inc 's Inventories $ 393 Millions Visit CMP's Balance sheet
Compass Minerals International Inc 's Cost of Revenues TTM $ 329 Millions Visit CMP's Income Statement
What are CMP's Sales? Visit CMP's Sales by Segment

Other Inventory Turnover Ratios
Compass Minerals International Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Construction Raw Materials Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CMP's Inventory Turnover Ratio versus Construction Raw Materials Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CMP's Competitors
Inventory Turnover Ratio for CMP's Suppliers
Inventory Turnover Ratio for CMP's Customers

You may also want to know
CMP's Sales Growth Rates CMP's Pe Price to earnings ratio CMP's Receivables Turnover Ratio CMP's Stock Quote
CMP's Net Income Growth Rates CMP's Ps Price to Sales ratio CMP's Sales per Employee CMP's Asset Turnover Ratio
CMP's Net Margin CMP's Pb Price to Book ratio CMP's Financial Strength Ratios CMP's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
American Superconductor Corp  2.30 $ 100.000  Millions$ 43  Millions
Profire Energy Inc   2.11 $ 27.000  Millions$ 13  Millions
Generac Holdings Inc   1.99 $ 2,657.000  Millions$ 1,338  Millions
Weatherford International Plc  1.89 $ 1,430.000  Millions$ 759  Millions
Verde Resources Inc   1.87 $ 0.243  Millions$ 0  Millions
Tronox Holdings Plc  1.71 $ 2,388.000  Millions$ 1,401  Millions
Sensient Technologies Corp  1.70 $ 996.153  Millions$ 587  Millions
Corteva Inc   1.56 $ 9,920.000  Millions$ 6,358  Millions
Ssr Mining Inc   1.51 $ 804.147  Millions$ 532  Millions
Defense Technologies International Corp   1.41 $ 0.030  Millions$ 0  Millions
Fmc Corporation  1.38 $ 2,655.000  Millions$ 1,927  Millions
Perimeter Solutions Sa  1.21 $ 183.000  Millions$ 151  Millions
Haynes International inc   1.20 $ 492.365  Millions$ 410  Millions
Uranium Energy Corp  1.10 $ 38.111  Millions$ 35  Millions
Compass Minerals International Inc   0.95 $ 328.900  Millions$ 347  Millions
Centrus Energy Corp   0.82 $ 208.000  Millions$ 254  Millions
Mdu Resources Group Inc  0.66 $ 107.881  Millions$ 163  Millions
Ivanhoe Electric Inc   0.45 $ 2.256  Millions$ 5  Millions
Intrepid Potash inc   0.26 $ 27.669  Millions$ 108  Millions

Date modified: 2024-02-08T15:48:54+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com