Inrad Optics, Inc. Asset Turnover Ratio (PHPG), as of first quarter 2024, current and historic results, rankings and more - CSIMarket
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Inrad Optics, Inc.  (PHPG)
 

Inrad Optics Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Inrad Optics, Inc. asset turnover ratio, the ability of Inrad Optics, Inc.'s assets to generate revenue in the first quarter 2024, increased sequentially to 0.51 in the first quarter (Mar 31 2024), yet the ratio remained below the average, as PHPG's position remain challenging.

Within sector 2 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 First Quarter 2024 compared to the preceding quarter from to 414.

Asset Turnover Ratio Definition



PHPG Asset Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Asset Change -6.56 % 12.88 % 5.68 % 115.97 % 2.15 %
Y / Y Revenue Change 2.94 % 4.39 % 29.02 % 11.24 % -15.67 %
Asset Turnover Ratio (TTM) 0.51 0.5 0.51 0.49 0.55
PHPG's Total Ranking # 414 # # # #
Seq. Asset Change -4.53 % -5.46 % 3.62 % -0.09 % 15.33 %
Seq. Revenue Change -2.64 % -11.86 % -10.58 % 34.17 % -1.28 %



Asset Turnover Ratio Company Ranking
Within: No.
Scientific & Technical Instruments Industry # 3
Technology Sector # 37
Overall Market # 414

Asset Turnover Ratio Statistics
High Average Low
1.08 1.08 1.08
(Dec 31 2011)  







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Assets at quarter ending Mar 31 2024
Turtle Beach Corporation  1.49 $ 261.885  Millions$ 176.049  Millions
Optical Cable Corporation  1.48 $ 64.143  Millions$ 43.299  Millions
Kyndryl Holdings Inc  1.47 $ 16,052.000  Millions$ 10,910.500  Millions
Gresham Worldwide Inc   1.47 $ 37.911  Millions$ 25.796  Millions
Zeta Global Holdings Corp   1.46 $ 766.068  Millions$ 525.889  Millions
Quantum X Labs Inc   1.45 $ 68.753  Millions$ 47.352  Millions
Iteris inc   1.44 $ 171.586  Millions$ 119.007  Millions
Teads Holding Co   1.44 $ 921.008  Millions$ 638.844  Millions
Hp inc   1.43 $ 52,962.000  Millions$ 37,018.250  Millions
Audioeye Inc  1.42 $ 31.627  Millions$ 22.227  Millions
Gan Limited  1.42 $ 124.941  Millions$ 88.138  Millions
Inseego Corp   1.42 $ 189.052  Millions$ 133.577  Millions
Kimball Electronics Inc   1.41 $ 1,780.200  Millions$ 1,260.858  Millions
Crawford United Corp  1.41 $ 141.456  Millions$ 100.223  Millions
Ubiquiti Inc   1.41 $ 1,909.926  Millions$ 1,356.179  Millions
Dirtt Environmental Solutions Ltd  1.40 $ 186.070  Millions$ 132.714  Millions
Nerdwallet Inc   1.40 $ 591.700  Millions$ 424.025  Millions
Strong Global Entertainment Inc   1.39 $ 43.914  Millions$ 31.597  Millions
Cemtrex Inc   1.38 $ 64.097  Millions$ 46.474  Millions
Optex Systems Holdings Inc   1.37 $ 30.590  Millions$ 22.300  Millions
Moving Image Technologies Inc   1.37 $ 18.026  Millions$ 13.201  Millions
Fabrinet  1.36 $ 2,785.577  Millions$ 2,053.886  Millions
Sidechannel Inc   1.35 $ 7.072  Millions$ 5.243  Millions
Verifyme Inc   1.34 $ 25.411  Millions$ 18.957  Millions
Science applications International corporation  1.33 $ 7,263.000  Millions$ 5,473.500  Millions
Airship Ai Holdings Inc   1.30 $ 19.936  Millions$ 15.311  Millions
Nvidia Corp  1.29 $ 79,774.000  Millions$ 61,625.750  Millions
Flex Ltd   1.29 $ 26,260.000  Millions$ 20,389.000  Millions
Benchmark Electronics Inc   1.24 $ 2,819.856  Millions$ 2,282.043  Millions
Logitech International s a   1.23 $ 4,298.467  Millions$ 3,507.592  Millions



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