Cardinal Ethanol Llc (CRDE) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Cardinal Ethanol Llc  (CRDE)
 

Cardinal Ethanol Llc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2024, Cardinal Ethanol Llc's inventory turnover ratio sequentially decreased to 10.73 in the third quarter 2024, unsurprisingly, as the Cardinal Ethanol Llc markets continue to deteriorate, and CRDE's faces growing challenges to bring down its inventories. Cardinal Ethanol Llc's average inventory processing period in the Jun 30 2024 quarter, has increased to 34 days, from 27 days, in the Mar 31 2024 quarter.

Within Basic Materials sector 34 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 219 in the second quarter 2024, to 271.

CRDE Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Cardinal Ethanol Llc Market Share?

What is Inventory Turnover Ratio?



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CRDE Inventory Turnover Ratio (Jun 30 2024)
III. Quarter		 (Mar 31 2024)
II. Quarter		 (Dec 31 2023)
I. Quarter		 (Sep 30 2023)
IV. Quarter		 (Jun 30 2023)
III. Quarter
Y / Y Inventory Growth 49.3 % -39.15 % -15.59 % -35.37 % -29.14 %
Y / Y Cost of Sales Growth -28.16 % -32.06 % -45.66 % -21.45 % -1.41 %
Inventory Turnover Ratio (TTM) 10.73 13.29 12.49 13.64 13.54
CRDE's Total Ranking # 271 # 219 # 75 # 272 # 144
Average inventory processing period 34 27 29 27 27
Seq. Inventory Growth 42.65 % -7.11 % 102.68 % -44.41 % -41.86 %
Seq. Cost of Sales Growth -5.46 % 23.23 % -30.54 % -11.24 % -10.58 %




Inventory Turnover Ratio Company Ranking
Within: No.
Chemical Manufacturing Industry # 15
Basic Materials Sector # 35
Overall Market # 271

Inventory Turnover Ratio Statistics
High Average Low
19.55 13.34 9.88
(Sep 30 2014)   (Jun 30 2019)



CRDE Company Profile >> Back to CRDE Efficiency Comparisons >> Compare CRDE Inventory Turnover Ratio to its Competitors

Financial Statements
Cardinal Ethanol Llc's Inventories $ 41 Millions Visit CRDE's Balance sheet
Cardinal Ethanol Llc's Cost of Revenues TTM $ 308 Millions Visit CRDE's Income Statement
What are CRDE's Sales? Visit CRDE's Sales by Segment

Other Inventory Turnover Ratios
Cardinal Ethanol Llc's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Chemical Manufacturing Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CRDE's Inventory Turnover Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CRDE's Competitors
Inventory Turnover Ratio for CRDE's Suppliers
Inventory Turnover Ratio for CRDE's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2024 Inventories at quarter ending Jun 30 2024
Rex American Resources Corporation  20.34 $ 614.155  Millions$ 30  Millions
Lsb Industries Inc   19.53 $ 465.754  Millions$ 24  Millions
Hecla Mining Company  18.38 $ 666.448  Millions$ 36  Millions
Azz Inc   16.50 $ 2,078.128  Millions$ 126  Millions
Smith midland Corporation  16.46 $ 52.838  Millions$ 3  Millions
Techprecision Corp  15.67 $ 28.543  Millions$ 2  Millions
Gulf Resources Inc   14.40 $ 8.999  Millions$ 1  Millions
It Tech Packaging Inc  14.33 $ 74.214  Millions$ 5  Millions
Idaho Strategic Resources Inc  13.86 $ 10.885  Millions$ 1  Millions
Apogee Enterprises Inc   13.83 $ 1,012.273  Millions$ 73  Millions
Lake Area Corn Processors Llc  13.80 $ 188.056  Millions$ 14  Millions
South 8 Energy Llc  12.27 $ 153.370  Millions$ 13  Millions
Air Products And Chemicals Inc   11.66 $ 8,271.500  Millions$ 709  Millions
Janus International Group Inc   11.61 $ 594.000  Millions$ 51  Millions
Core Molding Technologies Inc   11.60 $ 268.838  Millions$ 23  Millions
Luxfer Holdings Plc  11.34 $ 310.700  Millions$ 27  Millions
Crh Public Limited Company  11.24 $ 24,236.029  Millions$ 2,157  Millions
Cardinal Ethanol Llc  10.73 $ 307.573  Millions$ 29  Millions
Ranpak Holdings Corp   10.61 $ 215.300  Millions$ 20  Millions
Pure Bioscience Inc   10.53 $ 0.811  Millions$ 0  Millions
United States Antimony Corporation  10.05 $ 10.998  Millions$ 1  Millions
Flotek Industries Inc  10.03 $ 137.183  Millions$ 14  Millions
Smart Sand Inc   9.81 $ 253.586  Millions$ 26  Millions
Gold Resource Corp  9.62 $ 92.725  Millions$ 10  Millions
Hawkins Inc   9.17 $ 717.621  Millions$ 78  Millions
Vulcan Materials Company  9.05 $ 5,619.800  Millions$ 621  Millions
Pactiv Evergreen Inc   8.97 $ 4,265.000  Millions$ 475  Millions
Aqua Metals Inc   8.83 $ 8.318  Millions$ 1  Millions
Orion S a   8.76 $ 1,484.600  Millions$ 169  Millions
American Woodmark Corp  8.74 $ 1,446.341  Millions$ 165  Millions

Date modified: 2026-08-30T07:53:29+00:00




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