Bantec Inc 's inventory turnover ratio, the ratio that measures Bantec Inc 's ability to manage its supply chain, sequentially decreased to
9.39 in the third quarter 2024, which does not come as a surprise, as the Bantec Inc continue to experience headwinds, which also impact its supply chain. Bantec Inc 's average inventory processing period in the Jun 30 2024 quarter, has increased to 39 days, from 31 days, in the Mar 31 2024 quarter.
Within
Capital Goods sector 27 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to
232, from total ranking in the second quarter 2024 at
359.
BANT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Bantec Inc Market Share?
What is Inventory Turnover Ratio?