Mgo Global Inc Asset Turnover Ratio (MGOL), as of third quarter 2024, current and historic results, rankings and more - CSIMarket
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Mgo Global Inc   (NASDAQ: MGOL)
 

Mgo Global Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the third quarter 2024, Mgo Global Inc 's asset turnover ratio sequentially decreased to 1.59 in the third quarter (Sep 30 2024), but remained above the company's average. For every Dollar on the Balance Sheet, Mgo Global Inc realized $1.59 in annual sales.

Within sector 5 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 2024 compared to the preceding quarter from 363 to 364.

Asset Turnover Ratio Definition



MGOL Asset Turnover Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Asset Change -15.96 % -47.65 % -59.16 % 408.42 % 215.56 %
Y / Y Revenue Change -61.53 % -26.93 % 100.26 % 123.53 % 948.36 %
Asset Turnover Ratio (TTM) 1.59 1.84 1.65 1.19 1.11
MGOL's Total Ranking # 364 # 363 # 125 # 215 # 0
Seq. Asset Change 0.36 % -1.35 % 26.77 % -33.03 % -37.49 %
Seq. Revenue Change -60.34 % 112.69 % -57.88 % 8.27 % -24.66 %



Asset Turnover Ratio Company Ranking
Within: No.
Apparel, Footwear & Accessories Industry # 6
Consumer Discretionary Sector # 20
Overall Market # 364

Asset Turnover Ratio Statistics
High Average Low
1.84 1.57 1.19
(Jun 30 2024)   (Dec 31 2023)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2024, within Consumer Discretionary Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2024 Assets at quarter ending Sep 30 2024
Perfect Moment Ltd   3.66 $ 44.110  Millions$ 12.064  Millions
Graybar Electric Company Inc   2.73 $ 11,441.200  Millions$ 4,194.150  Millions
Luvu Brands Inc   2.58 $ 24.204  Millions$ 9.385  Millions
Universal Safety Products inc   2.21 $ 21.288  Millions$ 9.637  Millions
Eaco Corporation  2.06 $ 355.047  Millions$ 172.252  Millions
Sleep Number Corporation  1.92 $ 1,734.101  Millions$ 901.912  Millions
Strattec Security Corp  1.90 $ 676.389  Millions$ 355.159  Millions
Avnet Inc   1.86 $ 23,024.530  Millions$ 12,402.277  Millions
Carter s Inc   1.85 $ 4,351.412  Millions$ 2,349.508  Millions
Rev Group Inc   1.80 $ 2,379.300  Millions$ 1,324.800  Millions
Commercial Vehicle Group Inc   1.72 $ 855.754  Millions$ 497.749  Millions
Tpi Composites Inc   1.70 $ 1,285.389  Millions$ 754.500  Millions
Jakks Pacific Inc   1.69 $ 686.864  Millions$ 406.354  Millions
Williams sonoma Inc   1.67 $ 8,608.652  Millions$ 5,153.385  Millions
Jerash Holdings Us Inc  1.65 $ 130.270  Millions$ 78.761  Millions
Culp Inc  1.64 $ 221.970  Millions$ 135.591  Millions
Steven Madden Ltd   1.62 $ 2,220.323  Millions$ 1,371.072  Millions
Mgo Global Inc   1.59 $ 4.253  Millions$ 2.675  Millions
Adient Plc  1.59 $ 14,688.000  Millions$ 9,255.250  Millions
Lear Corp  1.59 $ 23,432.600  Millions$ 14,766.875  Millions
Kontoor Brands Inc   1.57 $ 2,578.094  Millions$ 1,643.110  Millions
Garrett Motion Inc   1.53 $ 3,576.000  Millions$ 2,339.750  Millions
Flexsteel Industries Inc   1.52 $ 422.099  Millions$ 276.876  Millions
Ecd Automotive Design Inc   1.52 $ 32.997  Millions$ 21.764  Millions
Lsi Industries Inc  1.51 $ 482.400  Millions$ 318.455  Millions
Cooper standard Holdings Inc   1.51 $ 2,743.595  Millions$ 1,820.285  Millions
Orion Energy Systems Inc   1.50 $ 91.649  Millions$ 61.152  Millions
Lululemon Athletica Inc   1.47 $ 10,180.297  Millions$ 6,937.060  Millions
Yeti Holdings Inc   1.47 $ 1,803.073  Millions$ 1,230.622  Millions
J jill Inc   1.46 $ 615.553  Millions$ 420.285  Millions



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