Can B (CANB) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket
 
Can B Corp   (CANB)
 

Can B Inventory Turnover Ratio (COS)

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

Can B 's inventory turnover ratio, the ratio that measures Can B 's ability to manage its supply chain, sequentially decreased to 1.61 in the third quarter 2024, which does not come as a surprise, as the Can B continue to experience headwinds, which also impact its supply chain. Can B 's average inventory processing period in the Sep 30 2024 quarter, has increased to 227 days, from 170 days, in the Jun 30 2024 quarter.

Within Retail sector 176 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to 457, from total ranking in the second quarter 2024 at 554.

CANB Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Can B Corp Market Share?

What is Inventory Turnover Ratio?




CANB 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 -83.75 % -63.74 % -70.8 % -19.99 % -57.52 %
Y / Y Cost of Sales Growth -66.35 % -28.78 % 90.63 % - 20.06 %
Inventory Turnover Ratio (TTM) 1.61 2.15 1.92 - 2.14
CANB's Total Ranking # 457 # 554 # 980 # 991 #
Average inventory processing period 226 170 190 - 171
Seq. Inventory Growth -72.32 % -5.06 % -63.36 % 68.76 % -38.24 %
Seq. Cost of Sales Growth -37.52 % -33.45 % - - 32.23 %




Inventory Turnover Ratio Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 14
Retail Sector # 177
Overall Market # 457

Inventory Turnover Ratio Statistics
High Average Low
28.54 5 0.47
(Sep 30 2018)   (Mar 31 2021)




Financial Statements
Can B 's Inventories $ 0 Millions Visit CANB's Balance sheet
Can B 's Cost of Revenues TTM $ 1 Millions Visit CANB's Income Statement
What are CANB's Sales? Visit CANB's Sales by Segment

Other Inventory Turnover Ratios
Can B 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Pharmacy Services & Retail Drugstore Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CANB's Inventory Turnover Ratio versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CANB's Competitors
Inventory Turnover Ratio for CANB's Suppliers
Inventory Turnover Ratio for CANB's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Retail Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2024 Inventories at quarter ending Sep 30 2024
Stemtech Corporation  20.12 $ 1.244  Millions$ 0  Millions
Singlepoint Inc   20.06 $ 13.662  Millions$ 1  Millions
Us Foods Holding Corp   19.20 $ 30,864.000  Millions$ 1,608  Millions
Cvs Health Corporation  18.60 $ 316,534.000  Millions$ 17,022  Millions
Pc Connection Inc   18.19 $ 2,266.981  Millions$ 125  Millions
Publix Super Markets Inc   17.97 $ 43,778.000  Millions$ 2,437  Millions
Amcon Distributing Co  17.30 $ 2,528.000  Millions$ 146  Millions
Star Group L p   17.08 $ 981.480  Millions$ 57  Millions
Radius Recycling Inc   15.70 $ 2,561.876  Millions$ 163  Millions
Performance Food Group Company  15.50 $ 52,080.000  Millions$ 3,360  Millions
Cencora Inc   15.44 $ 284,048.570  Millions$ 18,396  Millions
Spartannash Company  14.52 $ 8,045.000  Millions$ 554  Millions
Sprouts Farmers Market Inc   14.27 $ 4,619.000  Millions$ 324  Millions
Walgreens Boots Alliance Inc   13.88 $ 121,134.000  Millions$ 8,727  Millions
Mckesson Corporation  13.65 $ 317,050.000  Millions$ 23,227  Millions
Cardinal Health Inc   13.59 $ 216,793.000  Millions$ 15,948  Millions
Sysco Corporation  13.59 $ 64,995.000  Millions$ 4,781  Millions
Kroger Co  12.71 $ 116,308.000  Millions$ 9,150  Millions
Costco Wholesale Corp  12.50 $ 222,358.000  Millions$ 17,788  Millions
United Natural Foods inc   11.88 $ 27,090.000  Millions$ 2,281  Millions
Maison Solutions Inc  11.73 $ 54.441  Millions$ 5  Millions
Albertsons Companies Inc   11.57 $ 57,512.000  Millions$ 4,971  Millions
Eplus Inc   11.14 $ 1,576.664  Millions$ 141  Millions
Cosmos Health Inc   10.92 $ 51.503  Millions$ 5  Millions
Bj s Wholesale Club Holdings Inc   10.75 $ 16,801.845  Millions$ 1,564  Millions
Coupang Inc   10.72 $ 20,843.528  Millions$ 1,944  Millions
Chewy Inc   10.36 $ 8,114.136  Millions$ 783  Millions
General Cannabis Corp  10.29 $ 8.667  Millions$ 1  Millions
Monro Inc   10.02 $ 1,568.014  Millions$ 156  Millions
America s Car mart Inc   9.73 $ 1,102.522  Millions$ 113  Millions

Date modified: 2026-06-22T14:32:39+00:00




Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.