Forza X1 Inc Inventory Turnover Ratio (COS)

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

Forza X1 Inc inventory turnover ratio, the Forza X1 Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 0.29 in the third quarter 2024, a new company high. Average inventory processing period, for the Forza X1 Inc in Sep 30 2024 quarter, has decreased to 1259 days, compare to 2028 days, in the Jun 30 2024 quarter.

Within Capital Goods sector 230 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1511 in the second quarter 2024, to 1536.

FRZA Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Forza X1 Inc Market Share?

What is Inventory Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Inventory Turnover▼

None ▼

Inventory Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

FRZA 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	-92.2 %	-47.68 %	842.41 %	-	-
Y / Y Cost of Sales Growth	2.59 %	-34.21 %	-40.79 %	-84.85 %	-82.54 %
Inventory Turnover Ratio (TTM)	0.29	0.18	0.19	0.27	0.73
FRZA's Total Ranking	# 1536	# 1511	# 1454	# 1414	# 0
Average inventory processing period	1250	1985	1936	1352	501
Seq. Inventory Growth	-77.79 %	-32.34 %	-18.21 %	-36.56 %	49.02 %
Seq. Cost of Sales Growth	-55.58 %	-9.24 %	37.32 %	85.31 %	-71.51 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Ship & Boat Building Industry	# 7
Capital Goods Sector	# 231
Overall Market	# 1536

Inventory Turnover Ratio Statistics
High	Average	Low
0.29	0.23	0.18
(Sep 30 2024)		(Jun 30 2024)

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

Financial Statements
Forza X1 Inc 's Inventories	$ 0 Millions	Visit FRZA's Balance sheet
Forza X1 Inc 's Cost of Revenues TTM	$ 0 Millions	Visit FRZA's Income Statement
What are FRZA's Sales?		Visit FRZA's Sales by Segment

Other Inventory Turnover Ratios
Forza X1 Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Ship & Boat Building Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
FRZA's Inventory Turnover Ratio versus Ship & Boat Building Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for FRZA's Competitors
Inventory Turnover Ratio for FRZA's Suppliers
Inventory Turnover Ratio for FRZA's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Capital Goods Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 30 2024	Inventories at quarter ending Sep 30 2024
Jbt Marel Corporation	4.05	$ 1,018.400 Millions	$ 252 Millions
Malibu Boats Inc	4.04	$ 625.000 Millions	$ 155 Millions
Aaon Inc	4.04	$ 778.201 Millions	$ 193 Millions
Idex Corp	4.04	$ 1,779.900 Millions	$ 441 Millions
Cbak Energy Technology Inc	4.03	$ 153.134 Millions	$ 38 Millions
Spx Technologies Inc	3.96	$ 1,150.400 Millions	$ 291 Millions
Atkore Inc	3.94	$ 2,124.000 Millions	$ 539 Millions
Deere and Co	3.93	$ 30,806.000 Millions	$ 7,848 Millions
Itt Inc	3.91	$ 2,313.900 Millions	$ 592 Millions
Array Technologies Inc	3.91	$ 685.406 Millions	$ 175 Millions
Eaton Corporation Plc	3.89	$ 15,296.000 Millions	$ 3,937 Millions
Chicago Rivet and Machine Co	3.88	$ 27.598 Millions	$ 7 Millions
Tennant Co	3.87	$ 723.700 Millions	$ 187 Millions
Aeternum Health Inc	3.80	$ 0.060 Millions	$ 0 Millions
Spirit Aerosystems Holdings inc	3.80	$ 7,101.800 Millions	$ 1,870 Millions
Pentair Plc	3.79	$ 2,506.900 Millions	$ 662 Millions
Marine Products Corporation	3.75	$ 208.606 Millions	$ 56 Millions
Compx International inc	3.74	$ 106.210 Millions	$ 28 Millions
Advanced Drainage Systems Inc	3.73	$ 1,775.946 Millions	$ 476 Millions
Enersys	3.71	$ 2,759.000 Millions	$ 743 Millions
Hillenbrand inc	3.71	$ 2,126.300 Millions	$ 574 Millions
Ingersoll Rand Inc	3.68	$ 4,020.900 Millions	$ 1,094 Millions
The Eastern Company	3.64	$ 208.813 Millions	$ 57 Millions
Flowserve Corp	3.61	$ 3,140.236 Millions	$ 869 Millions
Watsco Inc	3.55	$ 5,476.507 Millions	$ 1,543 Millions
Curtiss wright Corporation	3.52	$ 1,942.000 Millions	$ 551 Millions
Distribution Solutions Group Inc	3.50	$ 1,136.640 Millions	$ 324 Millions
Kadant Inc	3.46	$ 577.761 Millions	$ 167 Millions
Zebra Technologies Corporation	3.46	$ 2,443.000 Millions	$ 707 Millions
Ouster Inc	3.42	$ 70.394 Millions	$ 21 Millions

Date modified: 2026-09-08T15:22:13+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.