Tingo Group Inc Asset Turnover Ratio (TIO), as of third quarter 2023, current and historic results, rankings and more - CSIMarket
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Tingo Group Inc   (NASDAQ: TIO)
 

Tingo Group Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Tingo Group Inc asset turnover ratio, the ability of Tingo Group Inc 's assets to generate revenue in the third quarter 2023, increased sequentially to 1.35 in the third quarter (Sep 30 2023), yet the ratio remained below the average, as TIO's position remain challenging.

Within sector 30 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 2023 compared to the preceding quarter from 594 to 1306.

Asset Turnover Ratio Definition



TIO Asset Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Asset Change 1116.97 % 1009.07 % 1338.53 % 846.06 % -20.34 %
Y / Y Revenue Change 4161.26 % 8071.68 % 8801.44 % 597.24 % -25.7 %
Asset Turnover Ratio (TTM) 1.35 1.33 0.91 0.27 0.32
TIO's Total Ranking # 1306 # 594 # 1298 # 2396 # 1217
Seq. Asset Change 4.76 % -28.92 % 40.97 % 1059.4 % -4.53 %
Seq. Revenue Change -40.01 % 14.79 % 668.57 % 705.1 % 15.04 %



Asset Turnover Ratio Company Ranking
Within: No.
Food Processing Industry # 31
Consumer Non Cyclical Sector # 94
Overall Market # 1306

Asset Turnover Ratio Statistics
High Average Low
25.8 16.08 2.61
(Mar 31 2015)   (Sep 30 2022)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2023, within Consumer Non Cyclical Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Assets at quarter ending Sep 30 2023
Medifast Inc   3.81 $ 1,217.321  Millions$ 319.141  Millions
Dswiss Inc   3.62 $ 1.282  Millions$ 0.354  Millions
Golden Growers Cooperative  3.58 $ 96.484  Millions$ 26.934  Millions
Nocera Inc   3.32 $ 25.540  Millions$ 7.683  Millions
Axil Brands Inc   3.25 $ 25.390  Millions$ 7.810  Millions
American Cannabis Company Inc   3.06 $ 13.486  Millions$ 4.411  Millions
Mannatech Inc  2.84 $ 132.967  Millions$ 46.863  Millions
Manuka Inc   2.74 $ 0.671  Millions$ 0.245  Millions
Mama s Creations Inc   2.59 $ 99.079  Millions$ 38.198  Millions
Charlie s Holdings Inc   2.44 $ 15.232  Millions$ 6.249  Millions
Calavo Growers Inc  2.42 $ 970.956  Millions$ 401.362  Millions
Bunge Global Sa  2.39 $ 61,264.000  Millions$ 25,633.750  Millions
Chs Inc   2.36 $ 45,590.004  Millions$ 19,286.923  Millions
Kona Gold Beverage Inc   2.32 $ 4.036  Millions$ 1.743  Millions
Bellring Brands Inc   2.30 $ 1,666.800  Millions$ 723.425  Millions
Sanfilippo John B and Son Inc  2.25 $ 981.190  Millions$ 435.616  Millions
Tofutti Brands Inc   2.22 $ 10.592  Millions$ 4.763  Millions
South Dakota Soybean Processors Llc  2.16 $ 721.981  Millions$ 334.041  Millions
Lifeway Foods Inc   2.09 $ 152.165  Millions$ 72.968  Millions
The Vita Coco Company Inc   2.08 $ 478.015  Millions$ 229.809  Millions
Reed s Inc   1.99 $ 46.686  Millions$ 23.499  Millions
Chase General Corp  1.96 $ 3.375  Millions$ 1.721  Millions
National Beverage Corp   1.95 $ 1,179.496  Millions$ 603.507  Millions
Vital Farms Inc   1.92 $ 445.364  Millions$ 231.952  Millions
Dole Plc  1.85 $ 8,529.211  Millions$ 4,604.462  Millions
Barfresh Food Group Inc   1.83 $ 7.599  Millions$ 4.156  Millions
Pilgrim s Pride Corporation  1.77 $ 16,960.966  Millions$ 9,583.400  Millions
Twinlab Consolidated Holdings Inc   1.73 $ 26.466  Millions$ 15.269  Millions
Coffee Holding Co Inc   1.71 $ 68.173  Millions$ 39.920  Millions
Archer daniels midland Co  1.69 $ 96,896.000  Millions$ 57,292.000  Millions



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