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Better Choice Company Inc   (BTTR)
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Better Choice Inc Inventory Turnover Ratio (COS)

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

Better Choice Company Inc inventory turnover ratio, the Better Choice Company Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 3.13 in the third quarter 2023, yet the ratio remained below the average, as BTTR's market remain challenging.Average inventory processing period, for the Better Choice Inc in Sep 30 2023 quarter, has decreased to 117 days, compare to 131 days, in the Jun 30 2023 quarter.

Within Consumer Non Cyclical sector 101 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1105 in the second quarter 2023, to 1117.

BTTR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Better Choice Company Inc Market Share?

What is Inventory Turnover Ratio?


BTTR 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 -35.05 % -18.42 % 7.23 % 199.56 % 123.25 %
Y / Y Cost of Sales Growth 3.9 % -49.1 % -51.28 % -13.22 % 8.62 %
Inventory Turnover Ratio (TTM) 3.13 2.78 3.21 3.88 4.8
BTTR's Total Ranking # 1117 # 1105 # 1015 # 1185 # 828
Average inventory processing period 117 131 114 94 76
Seq. Inventory Growth -11.87 % -3.67 % -13.4 % -11.66 % 10.7 %
Seq. Cost of Sales Growth 33.33 % 0.07 % -21.15 % -1.25 % -34.68 %



Inventory Turnover Ratio Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 14
Consumer Non Cyclical Sector # 102
Overall Market # 1117

Inventory Turnover Ratio Statistics
High Average Low
6.46 3.86 0
(Mar 31 2022)   (Dec 31 2018)




Financial Statements
Better Choice Inc 's Inventories $ 8 Millions Visit BTTR's Balance sheet
Better Choice Inc 's Cost of Revenues TTM $ 28 Millions Visit BTTR's Income Statement
What are BTTR's Sales? Visit BTTR's Sales by Segment

Other Inventory Turnover Ratios
Better Choice Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Nonalcoholic Beverages Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
BTTR's Inventory Turnover Ratio versus Nonalcoholic Beverages Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for BTTR's Competitors
Inventory Turnover Ratio for BTTR's Suppliers
Inventory Turnover Ratio for BTTR's Customers

You may also want to know
BTTR's Sales Growth Rates BTTR's Pe Price to earnings ratio BTTR's Receivables Turnover Ratio BTTR's Stock Quote
BTTR's Net Income Growth Rates BTTR's Ps Price to Sales ratio BTTR's Sales per Employee BTTR's Asset Turnover Ratio
BTTR's Net Margin BTTR's Pb Price to Book ratio BTTR's Financial Strength Ratios BTTR'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
Aquabounty Technologies Inc   9.96 $ 22.283  Millions$ 2  Millions
Lancaster Colony Corporation  9.43 $ 1,458.518  Millions$ 155  Millions
Tyson Foods Inc   9.21 $ 50,250.000  Millions$ 5,455  Millions
Primo Water Corp  8.39 $ 897.600  Millions$ 107  Millions
Vital Farms Inc   8.36 $ 294.917  Millions$ 35  Millions
Benson Hill Inc   8.18 $ 388.176  Millions$ 47  Millions
Utz Brands Inc   8.17 $ 981.877  Millions$ 120  Millions
National Beverage Corp   8.15 $ 759.765  Millions$ 93  Millions
Hormel Foods Corporation  8.11 $ 12,557.766  Millions$ 1,548  Millions
Pilgrim s Pride Corporation  7.98 $ 16,067.830  Millions$ 2,014  Millions
Freshpet Inc  7.95 $ 494.939  Millions$ 62  Millions
22nd Century Group inc   7.88 $ 100.093  Millions$ 13  Millions
The Boston Beer Company Inc   7.88 $ 1,192.442  Millions$ 151  Millions
Sovos Brands Inc  7.57 $ 695.160  Millions$ 92  Millions
Pepsico Inc   7.52 $ 42,204.000  Millions$ 5,612  Millions
Post Holdings Inc   7.40 $ 5,109.300  Millions$ 690  Millions
Biote Corp   7.29 $ 71.573  Millions$ 10  Millions
Hni Corporation  6.89 $ 1,438.000  Millions$ 209  Millions
The Simply Good Foods Company  6.86 $ 789.000  Millions$ 115  Millions
Archer daniels midland Co  6.79 $ 89,361.000  Millions$ 13,167  Millions
Darling Ingredients Inc   6.79 $ 5,344.696  Millions$ 788  Millions
Cal maine Foods Inc   6.76 $ 1,921.906  Millions$ 284  Millions
Bunge Global Sa  6.75 $ 56,855.000  Millions$ 8,429  Millions
Hempacco Co Inc   6.52 $ 5.782  Millions$ 1  Millions
Fresh Del Monte Produce Inc  6.41 $ 3,982.200  Millions$ 622  Millions
Ennis Inc   6.32 $ 301.000  Millions$ 48  Millions
Kellanova  6.27 $ 10,820.000  Millions$ 1,727  Millions
General Mills Inc   6.23 $ 13,412.700  Millions$ 2,151  Millions
J and j Snack Foods Corp   6.11 $ 1,088.000  Millions$ 178  Millions
Mondel z International Inc   6.02 $ 22,028.000  Millions$ 3,660  Millions

Date modified: 2023-11-30T21:24:41+00:00



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