Veritas Farms Inc (ARUU) Inventory Turnover Ratio, from third quarter 2023 to third quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Veritas Farms Inc   (ARUU)
 

Veritas Farms Inc Inventory Turnover Ratio (COS)

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

Veritas Farms Inc 's Inventory turnover ratio has remained unchanged compare to previous quarter at 0.58 in the third quarter 2023Average processing period, for Veritas Farms Inc 's inventories remained unchanged at 629 days, in the Sep 30 2023 quarter.

Within Consumer Non Cyclical sector 175 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 1572, from total ranking in the second quarter 2023 at 1801.

ARUU Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Veritas Farms Inc Market Share?

What is Inventory Turnover Ratio?



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ARUU 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 -34.72 % -51.17 % -35.52 % -30.18 % -39.53 %
Y / Y Cost of Sales Growth -49.66 % -30.73 % -49.72 % -23.23 % 29.02 %
Inventory Turnover Ratio (TTM) 0.58 0.58 0.52 0.52 0.54
ARUU's Total Ranking # 1572 # 1801 # 1801 # 2019 # 1905
Average inventory processing period 634 631 697 696 671
Seq. Inventory Growth 36.1 % -21.68 % -4.15 % -36.1 % 1.79 %
Seq. Cost of Sales Growth -18.57 % 40.36 % -74.8 % 74.78 % 12.06 %




Inventory Turnover Ratio Company Ranking
Within: No.
Agricultural Production Industry # 35
Consumer Non Cyclical Sector # 176
Overall Market # 1572

Inventory Turnover Ratio Statistics
High Average Low
1.2 0.61 0.39
(Jun 30 2019)   (Sep 30 2021)



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

Financial Statements
Veritas Farms Inc 's Inventories $ 2 Millions Visit ARUU's Balance sheet
Veritas Farms Inc 's Cost of Revenues TTM $ 1 Millions Visit ARUU's Income Statement
What are ARUU's Sales? Visit ARUU's Sales by Segment

Other Inventory Turnover Ratios
Veritas Farms Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Agricultural Production Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
ARUU's Inventory Turnover Ratio versus Agricultural Production Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for ARUU's Competitors
Inventory Turnover Ratio for ARUU's Suppliers
Inventory Turnover Ratio for ARUU's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Cyanotech Corp  1.42 $ 15.005  Millions$ 11  Millions
Interparfums Inc   1.41 $ 472.796  Millions$ 334  Millions
Manuka Inc   1.29 $ 0.084  Millions$ 0  Millions
Intelligent Hotel Group Ltd.  1.14 $ 0.039  Millions$ 0  Millions
Olaplex Holdings Inc   1.10 $ 142.608  Millions$ 129  Millions
S and w Seed Co  1.09 $ 53.804  Millions$ 49  Millions
Canopy Growth Corporation  1.02 $ 113.654  Millions$ 112  Millions
Vintage Wine Estates Inc   0.98 $ 195.633  Millions$ 199  Millions
Constellation Brands Inc   0.87 $ 1,625.500  Millions$ 1,867  Millions
Senestech Inc   0.85 $ 0.669  Millions$ 1  Millions
Beeline Holdings Inc   0.82 $ 3.217  Millions$ 4  Millions
Healthy Extracts Inc   0.77 $ 1.238  Millions$ 2  Millions
Willamette Valley Vineyards Inc   0.73 $ 16.985  Millions$ 23  Millions
Crimson Wine Group Ltd   0.71 $ 37.349  Millions$ 52  Millions
Cirtran Corporation  0.69 $ 0.583  Millions$ 1  Millions
Veritas Farms Inc   0.58 $ 1.205  Millions$ 2  Millions
Brown forman Corporation  0.58 $ 1,322.000  Millions$ 2,297  Millions
The Duckhorn Portfolio Inc   0.53 $ 181.539  Millions$ 341  Millions
Neutra Corp   0.45 $ 0.009  Millions$ 0  Millions
Educational Development Corporation  0.43 $ 25.854  Millions$ 60  Millions
Elite Performance Holding Corp   0.42 $ 0.067  Millions$ 0  Millions
Pioneer Green Farms Inc  0.28 $ 0.005  Millions$ 0  Millions
Shineco Inc   0.27 $ 2.646  Millions$ 10  Millions
Panacea Life Sciences Holdings Inc   0.24 $ 1.063  Millions$ 4  Millions

Date modified: 2026-09-08T15:11:07+00:00




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