Addvantage Technologies Group Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Addvantage Technologies Group Inc 's inventory turnover ratio, the ratio that measures Addvantage Technologies Group Inc 's ability to manage its supply chain, sequentially decreased to 4.78 in the third quarter 2023, but it does not raise any concerns as Addvantage Technologies Group Inc continue to execute well, and the inventory turnover ratio remains above the average. Addvantage Technologies Group Inc 's average inventory processing period in the Sep 30 2023 quarter, has increased to 76 days, from 62 days, in the Jun 30 2023 quarter.

Within Retail sector 90 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2023 compared to previous quarter at no. 601.

AEY Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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AEY Inventory 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 Inventory Growth	-10.12 %	6.14 %	45.82 %	69.17 %	46.32 %
Y / Y Cost of Sales Growth	-59.73 %	-59.27 %	-37.21 %	1.1 %	18.42 %
Inventory Turnover Ratio (TTM)	4.78	5.86	7.29	8.75	9.96
AEY's Total Ranking	# 601	# 601	# 488	# 428	# 434
Average inventory processing period	76	62	50	42	37
Seq. Inventory Growth	-3.57 %	-4.64 %	-11.44 %	10.36 %	13.88 %
Seq. Cost of Sales Growth	-12.5 %	-29.22 %	-20.47 %	-18.24 %	-11.5 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Wholesale Industry	# 11
Retail Sector	# 91
Overall Market	# 601

Inventory Turnover Ratio Statistics
High	Average	Low
10.62	3.41	0.8
(Jun 30 2022)		(Sep 30 2012)

AEY Company Profile >> Back to AEY Efficiency Comparisons >> Compare AEY Inventory Turnover Ratio to its Competitors

Financial Statements
Addvantage Technologies Group Inc 's Inventories	$ 8 Millions	Visit AEY's Balance sheet
Addvantage Technologies Group Inc 's Cost of Revenues TTM	$ 41 Millions	Visit AEY's Income Statement
What are AEY's Sales?		Visit AEY's Sales by Segment

Other Inventory Turnover Ratios
Addvantage Technologies Group Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Wholesale Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
AEY's Inventory Turnover Ratio versus Wholesale Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for AEY's Competitors
Inventory Turnover Ratio for AEY's Suppliers
Inventory Turnover Ratio for AEY's Customers

You may also want to know
AEY's Sales Growth Rates	AEY's Pe Price to earnings ratio	AEY's Receivables Turnover Ratio	AEY's Stock Quote
AEY's Net Income Growth Rates	AEY's Ps Price to Sales ratio	AEY's Sales per Employee	AEY's Asset Turnover Ratio
AEY's Net Margin	AEY's Pb Price to Book ratio	AEY's Financial Strength Ratios	AEY's Dividend Payout Ratio

Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Retail Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 30 2023	Inventories at quarter ending Sep 30 2023
Mckesson Corporation	13.47	$ 278,767.000 Millions	$ 20,701 Millions
Sprouts Farmers Market Inc	13.45	$ 4,239.086 Millions	$ 315 Millions
Pc Connection Inc	13.41	$ 2,380.126 Millions	$ 177 Millions
Costco Wholesale Corp	13.19	$ 228,969.000 Millions	$ 17,363 Millions
Walgreens Boots Alliance Inc	12.99	$ 112,009.000 Millions	$ 8,625 Millions
Cardinal Health Inc	12.47	$ 203,129.000 Millions	$ 16,296 Millions
Kroger Co	11.97	$ 116,193.000 Millions	$ 9,709 Millions
Albertsons Companies Inc	11.86	$ 56,851.000 Millions	$ 4,794 Millions
Weis Markets inc	11.70	$ 3,508.466 Millions	$ 300 Millions
Chewy Inc	11.04	$ 7,887.588 Millions	$ 714 Millions
Coupang Inc	10.63	$ 17,360.460 Millions	$ 1,632 Millions
Asbury Automotive Group Inc	10.60	$ 11,876.000 Millions	$ 1,120 Millions
United Natural Foods inc	10.58	$ 26,227.000 Millions	$ 2,479 Millions
Bj s Wholesale Club Holdings Inc	10.44	$ 15,957.971 Millions	$ 1,528 Millions
Cosmos Health Inc	9.95	$ 46.034 Millions	$ 5 Millions
America s Car mart Inc	9.89	$ 1,126.426 Millions	$ 114 Millions
Rite Aid Corp	9.58	$ 18,748.652 Millions	$ 1,957 Millions
Ingles Markets Incorporated	9.37	$ 4,487.867 Millions	$ 479 Millions
Ferrellgas Partners L P	9.27	$ 962.456 Millions	$ 104 Millions
Suburban Propane Partners Lp	9.23	$ 590.131 Millions	$ 64 Millions
Autonation Inc	9.17	$ 21,693.100 Millions	$ 2,366 Millions
Group 1 Automotive Inc	9.12	$ 14,452.500 Millions	$ 1,584 Millions
Chefs Warehouse Inc	8.90	$ 2,501.318 Millions	$ 281 Millions
Sonic Automotive Inc	8.70	$ 12,097.400 Millions	$ 1,391 Millions
Amazon com Inc	8.47	$ 297,826.000 Millions	$ 35,142 Millions
Hf Foods Group Inc	8.35	$ 955.917 Millions	$ 114 Millions
Petmed Express Inc	8.32	$ 192.813 Millions	$ 23 Millions
Builders Firstsource Inc	8.26	$ 11,271.296 Millions	$ 1,364 Millions
Walmart Inc	8.26	$ 483,740.000 Millions	$ 58,545 Millions
Qvc inc	8.02	$ 8,052.000 Millions	$ 1,004 Millions

Date modified: 2026-06-22T16:30:32+00:00

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