Cardiff Lexington Corporation inventory turnover ratio, the Cardiff Lexington Corporation's ability to sell and replace its inventory in the forth quarter 2024, sequentially increased to
7.11 in the fourth quarter 2024, yet the ratio remained below the average, as CDIF's market remain challenging.Average inventory processing period, for the Cardiff Lexington in Dec 31 2024 quarter, has decreased to 51 days, compare to 54 days, in the Sep 30 2024 quarter.
Within
Healthcare sector 42 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2024, to
397, from total ranking in the third quarter 2024 at
532.
CDIF Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Cardiff Lexington Corporation Market Share?
What is Inventory Turnover Ratio?
CDIF Inventory Turnover Ratio |
(Dec 31 2024) IV. Quarter |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
Y / Y Inventory Growth |
0 % |
0 % |
0 % |
0 % |
0 % |
Y / Y Cost of Sales Growth |
19.88 % |
79.63 % |
-28.1 % |
-3.56 % |
-12.72 % |
Inventory Turnover Ratio (TTM) |
7.11 |
6.78 |
5.95 |
6.53 |
6.59 |
CDIF's Total
Ranking |
# 397 |
# 532 |
# 607 |
# 416 |
# 458 |
Average inventory processing period |
51 |
54 |
61 |
56 |
55 |
Seq. Inventory Growth |
0 % |
0 % |
0 % |
0 % |
0 % |
Seq. Cost of Sales Growth |
9.92 % |
26.18 % |
-16.36 % |
3.34 % |
64.71 % |