Charge Enterprises Inc (CRGE) Inventory Turnover Ratio, from third quarter 2023 to third quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Charge Enterprises Inc   (NASDAQ: CRGE)
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 

Charge Enterprises Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2023, Charge Enterprises Inc 's inventory turnover ratio sequentially decreased to 3462.83 in the third quarter 2023, unsurprisingly, as the Charge Enterprises Inc markets continue to deteriorate, and CRGE's faces growing challenges to bring down its inventories. Average processing period, for Charge Enterprises Inc 's inventories remained unchanged at 0 days, in the Sep 30 2023 quarter.

Within Services sector Charge Enterprises Inc achieved the highest inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2023 compared to previous quarter at no. 1.

CRGE Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Charge Enterprises Inc Market Share?

What is Inventory Turnover Ratio?




CRGE 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 72.42 % -29.94 % 17.07 % -0.09 % -
Y / Y Cost of Sales Growth -31.12 % -19.52 % 19.37 % 38.97 % 58.23 %
Inventory Turnover Ratio (TTM) 3462.83 4658.7 4499.21 4470.9 4169.89
CRGE's Total Ranking # 1 # 1 # 1 # 0 # 0
Average inventory processing period 0 0 0 0 0
Seq. Inventory Growth 168.64 % -25.79 % 43.24 % -39.62 % 9.15 %
Seq. Cost of Sales Growth -11.86 % -25.15 % 16.47 % -10.37 % 2.99 %




Inventory Turnover Ratio Company Ranking
Within: No.
Communications Services Industry # 1
Services Sector # 1
Overall Market # 1

Inventory Turnover Ratio Statistics
High Average Low
4658.7 4272.91 3462.83
(Jun 30 2023)   (Sep 30 2023)




Financial Statements
Charge Enterprises Inc 's Inventories $ 0 Millions Visit CRGE's Balance sheet
Charge Enterprises Inc 's Cost of Revenues TTM $ 610 Millions Visit CRGE's Income Statement
What are CRGE's Sales? Visit CRGE's Sales by Segment

Other Inventory Turnover Ratios
Charge Enterprises Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Communications Services Industry Inventory Turnover Trends and Statistics
Services Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CRGE's Inventory Turnover Ratio versus Communications Services Industry, Services Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CRGE's Competitors
Inventory Turnover Ratio for CRGE's Suppliers
Inventory Turnover Ratio for CRGE's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Services Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Charge Enterprises Inc   3,462.83 $ 610.323  Millions$ 0  Millions
Ciso Global Inc   1,296.20 $ 52.079  Millions$ 0  Millions
Vivakor Inc   969.90 $ 55.861  Millions$ 0  Millions
First Foods Group Inc   732.48 $ 0.043  Millions$ 0  Millions
Shift4 Payments Inc   489.00 $ 1,760.400  Millions$ 4  Millions
Alset Inc   421.10 $ 14.262  Millions$ 0  Millions
Legacy Education Alliance Inc   401.00 $ 0.401  Millions$ 0  Millions

Date modified: 2026-09-08T15:11:06+00:00




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