Bel Fuse Inc (NASDAQ: BELFB) |
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Bel Fuse Inc Inventory Turnover Ratio (COS)
Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics
Bel Fuse Inc's inventory turnover ratio, the ratio that measures Bel Fuse Inc's ability to manage its supply chain, sequentially decreased to 2.5 in the third quarter 2024, which does not come as a surprise, as the Bel Fuse Inc continue to experience headwinds, which also impact its supply chain. Bel Fuse Inc's average inventory processing period in the Sep 30 2024 quarter, has increased to 146 days, from 139 days, in the Jun 30 2024 quarter.
Within Consumer Discretionary sector 107 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to 483, from total ranking in the second quarter 2024 at 900.
BELFB Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Bel Fuse Inc Market Share?
What is Inventory Turnover Ratio?
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BELFB Inventory Turnover Ratio |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Y / Y Inventory Growth |
-10.79 % |
-18.65 % |
-21.32 % |
-20.83 % |
-14.83 % |
Y / Y Cost of Sales Growth |
-24.27 % |
-30.09 % |
-32.59 % |
-24.42 % |
-18.39 % |
Inventory Turnover Ratio (TTM) |
2.5 |
2.62 |
2.72 |
2.82 |
2.84 |
BELFB's Total
Ranking |
# 483 |
# 900 |
# 239 |
# 734 |
# 537 |
Average inventory processing period |
146 |
139 |
134 |
129 |
128 |
Seq. Inventory Growth |
-2.38 % |
-1.94 % |
-4.45 % |
-2.47 % |
-10.98 % |
Seq. Cost of Sales Growth |
-1.27 % |
-1.25 % |
-9.42 % |
-14.25 % |
-8.85 % |
Inventory Turnover Ratio Statistics |
High |
Average |
Low |
4.37 |
3.6 |
2.5 |
(March 31, 2014) |
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(Sep 30 2024) |
Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Consumer Discretionary Sector | Inventory Turnover Ratio | Cost of revenues at quarter ending Sep 30 2024 | Inventories at quarter ending Sep 30 2024 | Strattec Security Corp | 7.10 | $ 592.000 Millions | $ 83 Millions | Sleep Number Corporation | 7.05 | $ 714.000 Millions | $ 101 Millions | Phinia Inc | 6.96 | $ 3,362.000 Millions | $ 483 Millions | Ford Motor Co | 6.75 | $ 117,199.421 Millions | $ 17,373 Millions | Aptiv Plc | 6.65 | $ 16,054.000 Millions | $ 2,414 Millions | Whirlpool Corp | 6.45 | $ 14,857.000 Millions | $ 2,304 Millions | Jerash Holdings Us Inc | 6.38 | $ 120.521 Millions | $ 19 Millions | Shyft Group Inc | 6.33 | $ 643.138 Millions | $ 102 Millions | Commercial Vehicle Group Inc | 5.90 | $ 765.500 Millions | $ 130 Millions | Dana Incorporated | 5.76 | $ 9,535.000 Millions | $ 1,654 Millions | Atmus Filtration Technologies Inc | 5.61 | $ 1,498.500 Millions | $ 267 Millions | Steven Madden Ltd | 5.54 | $ 1,304.008 Millions | $ 235 Millions | Tempur Sealy International Inc | 5.51 | $ 2,722.800 Millions | $ 494 Millions | Allison Transmission Holdings Inc | 5.51 | $ 1,633.000 Millions | $ 297 Millions | Acuity Brands Inc | 5.49 | $ 2,059.000 Millions | $ 375 Millions | Funko Inc | 5.47 | $ 627.819 Millions | $ 115 Millions | Tesla Inc | 5.44 | $ 79,441.000 Millions | $ 14,596 Millions | Patrick Industries Inc | 5.44 | $ 2,822.144 Millions | $ 519 Millions | Lsi Industries Inc | 5.38 | $ 353.000 Millions | $ 66 Millions | Carter s Inc | 5.37 | $ 2,979.096 Millions | $ 554 Millions | Modine Manufacturing Co | 5.35 | $ 1,893.000 Millions | $ 354 Millions | Arrow Electronics Inc | 5.22 | $ 25,010.956 Millions | $ 4,792 Millions | Gentherm Incorporated | 5.19 | $ 1,104.170 Millions | $ 213 Millions | Cepton Inc | 5.19 | $ 8.480 Millions | $ 2 Millions | Albany International Corp | 5.08 | $ 834.803 Millions | $ 164 Millions | Hooker Furnishings Corp | 5.07 | $ 311.000 Millions | $ 61 Millions | Wesco International Inc | 4.80 | $ 17,073.100 Millions | $ 3,558 Millions | Leggett and Platt Inc | 4.68 | $ 3,668.000 Millions | $ 784 Millions | A O Smith Corporation | 4.54 | $ 2,405.600 Millions | $ 530 Millions | Crocs inc | 4.48 | $ 1,702.144 Millions | $ 380 Millions |
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