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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?
Select the Comparisons :
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Select the Ratio:
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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 Statistics |
High |
Average |
Low |
10.35 |
3.66 |
0.3 |
(Jun 30 2023) |
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(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 |
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