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Gulf Resources Inc   (GURE)
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Gulf Resources Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Gulf Resources Inc 's asset turnover ratio, the ratio that measures the ability of Gulf Resources Inc 's assets to generate revenue, sequentially decreased to 0.21 in the second quarter (Jun 30 2023), which does not come as a surprise, as the Gulf Resources Inc continue to experience difficult business climate.

Within sector 16 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 Second Quarter 2023 compared to the preceding quarter from 1214 to 1229.


What is Asset Turnover Ratio?
What is Gulf Resources Inc Market Share?


GURE Asset Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Asset Change -6.84 % -12.07 % -5.49 % -4.85 % 0.86 %
Y / Y Revenue Change -49.05 % 4.16 % -10.93 % 28.78 % 40.94 %
Asset Turnover Ratio (TTM) 0.21 0.23 0.22 0.23 0.21
GURE's Total Ranking # 1229 # 1214 # 1546 # 1154 # 2215
Seq. Asset Change -5.99 % 1.21 % 0.97 % -3.04 % -11.26 %
Seq. Revenue Change -13.93 % -49.96 % -18.69 % 45.51 % 75.93 %



Asset Turnover Ratio Company Ranking
Within: No.
Chemical Manufacturing Industry # 17
Basic Materials Sector # 58
Overall Market # 1229

Asset Turnover Ratio Statistics
High Average Low
10.35 3.66 0.3
(Jun 30 2023)   (Mar 31 2019)







Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2023, within Basic Materials Sector Asset Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Assets at quarter ending Jun 30 2023
Nano Magic Inc   0.59 $ 2.323  Millions$ 3.910  Millions
Proto Labs Inc   0.59 $ 485.310  Millions$ 819.422  Millions
Southern Copper Corp  0.59 $ 10,071.800  Millions$ 17,155.850  Millions
Rogers Corp  0.59 $ 945.399  Millions$ 1,612.977  Millions
Albemarle Corporation  0.59 $ 9,663.225  Millions$ 16,489.763  Millions
Balchem Corp  0.58 $ 940.590  Millions$ 1,626.379  Millions
Summit Materials Inc   0.58 $ 2,469.559  Millions$ 4,287.769  Millions
Gold Resource Corporation  0.57 $ 112.278  Millions$ 197.496  Millions
Helios Technologies Inc   0.56 $ 841.146  Millions$ 1,512.692  Millions
Azek Co Inc   0.54 $ 1,286.136  Millions$ 2,368.659  Millions
Valvoline Inc   0.54 $ 1,930.700  Millions$ 3,558.550  Millions
Lsb Industries Inc   0.54 $ 764.736  Millions$ 1,410.115  Millions
Barnes Group Inc   0.54 $ 1,289.882  Millions$ 2,402.458  Millions
Bhp Group Limited  0.53 $ 53,817.000  Millions$ 101,296.000  Millions
Vulcan Materials Company  0.53 $ 7,582.100  Millions$ 14,315.225  Millions
It Tech Packaging Inc   0.50 $ 102.893  Millions$ 205.794  Millions
Tronox Holdings Plc  0.49 $ 3,046.000  Millions$ 6,219.750  Millions
Regal Rexnord Corporation  0.49 $ 5,687.200  Millions$ 11,708.550  Millions
Element Solutions Inc  0.48 $ 2,352.800  Millions$ 4,940.225  Millions
Fmc Corporation  0.47 $ 5,358.000  Millions$ 11,404.950  Millions
Centrus Energy Corp   0.47 $ 324.300  Millions$ 693.675  Millions
Enviva Inc   0.46 $ 1,135.960  Millions$ 2,479.102  Millions
Corteva Inc   0.46 $ 19,761.000  Millions$ 43,239.500  Millions
Air Products And Chemicals Inc   0.45 $ 12,978.700  Millions$ 28,958.950  Millions
Arq Inc   0.45 $ 93.096  Millions$ 208.571  Millions
Broadwind Inc   0.44 $ 64.123  Millions$ 144.132  Millions
Livent Corporation  0.44 $ 939.900  Millions$ 2,136.400  Millions
Avient Corporation  0.44 $ 2,695.600  Millions$ 6,138.775  Millions
Codexis inc   0.44 $ 99.149  Millions$ 227.628  Millions
Martin Marietta Materials Inc   0.43 $ 6,463.100  Millions$ 14,965.100  Millions

Date modified: 2023-08-16T14:49:00+00:00



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