Highway Holdings Limited (HIHO) Inventory Turnover Ratio, from fourth quarter 2024 to fourth quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Highway Holdings Limited  (NASDAQ: HIHO)
 

Highway Holdings Limited Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2024, Highway Holdings Limited's inventory turnover ratio sequentially decreased to 5.34 in the fourth quarter 2024, unsurprisingly, as the Highway Holdings Limited markets continue to deteriorate, and HIHO's faces growing challenges to bring down its inventories. Highway Holdings Limited's average inventory processing period in the Mar 31 2024 quarter, has increased to 68 days, from 46 days, in the 0 quarter.

Within Basic Materials sector 195 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1008 in the third quarter 2024, to 1011.

HIHO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Highway Holdings Limited Market Share?

What is Inventory Turnover Ratio?



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HIHO Inventory Turnover Ratio (Mar 31 2024)
IV. Quarter		 0
III. Quarter		 0
II. Quarter		 0
I. Quarter		 (Mar 31 2023)
IV. Quarter
Y / Y Inventory Growth -7.28 % -27.48 % 10.83 % -37.75 % 10.83 %
Y / Y Cost of Sales Growth -35.04 % - - - -17.38 %
Inventory Turnover Ratio (TTM) 5.34 - - - 7.81
HIHO's Total Ranking # 1011 # 1008 # 1008 # 1160 # 803
Average inventory processing period 68 - - - 47
Seq. Inventory Growth 563.01 % -86.02 % 608.6 % -85.89 % 418.54 %
Seq. Cost of Sales Growth - - - - -




Inventory Turnover Ratio Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 42
Basic Materials Sector # 196
Overall Market # 1011

Inventory Turnover Ratio Statistics
High Average Low
50.12 21.86 2.37
(Mar 31 2017)   (Mar 31 2026)



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

Financial Statements
Highway Holdings Limited's Inventories $ 1 Millions Visit HIHO's Balance sheet
Highway Holdings Limited's Cost of Revenues TTM $ 5 Millions Visit HIHO's Income Statement
What are HIHO's Sales? Visit HIHO's Sales by Segment

Other Inventory Turnover Ratios
Highway Holdings Limited's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Miscellaneous Fabricated Products Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
HIHO's Inventory Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for HIHO's Competitors
Inventory Turnover Ratio for HIHO's Suppliers
Inventory Turnover Ratio for HIHO's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Ecovyst Inc   8.58 $ 414.733  Millions$ 48  Millions
Aqua Metals Inc   8.51 $ 7.426  Millions$ 1  Millions
Royal Gold Inc  8.37 $ 87.254  Millions$ 10  Millions
Linde Plc  8.25 $ 17,277.000  Millions$ 2,093  Millions
Quanex Building Products Corporation  8.19 $ 824.224  Millions$ 101  Millions
James Hardie Industries Plc  8.17 $ 2,347.000  Millions$ 287  Millions
Trinseo Plc  7.98 $ 3,416.200  Millions$ 428  Millions
Summit Materials Inc   7.98 $ 2,132.382  Millions$ 267  Millions
Quaker Chemical Corporation  7.83 $ 1,207.953  Millions$ 154  Millions
Trex Company Inc   7.68 $ 701.710  Millions$ 91  Millions
Boise Cascade Company  7.53 $ 5,486.115  Millions$ 728  Millions
Armstrong World Industries Inc   7.52 $ 801.900  Millions$ 107  Millions
Ufp Industries inc   7.43 $ 5,646.853  Millions$ 760  Millions
United States Lime and Minerals Inc  7.28 $ 175.103  Millions$ 24  Millions
Lyondellbasell Industries N v   7.25 $ 35,748.000  Millions$ 4,931  Millions
United States Antimony Corporation  7.21 $ 11.300  Millions$ 2  Millions
Gibraltar Industries Inc   7.21 $ 1,007.550  Millions$ 140  Millions
International Paper Company  7.15 $ 13,411.000  Millions$ 1,875  Millions
Bluelinx Holdings Inc   6.98 $ 2,543.000  Millions$ 365  Millions
Tredegar Corporation  6.95 $ 581.628  Millions$ 84  Millions
United States Steel Corp  6.80 $ 15,515.000  Millions$ 2,282  Millions
Fathom Digital Manufacturing Corporation  6.77 $ 91.775  Millions$ 14  Millions
Cactus inc   6.74 $ 1,083.253  Millions$ 161  Millions
Knife River Corporation  6.68 $ 2,310.706  Millions$ 346  Millions
Westrock Company  6.67 $ 16,016.800  Millions$ 2,400  Millions
Kimberly clark Corporation  6.60 $ 13,168.000  Millions$ 1,995  Millions
Rayonier Advanced Materials Inc   6.58 $ 1,476.750  Millions$ 224  Millions
Gms inc   6.48 $ 3,737.258  Millions$ 576  Millions
Sylvamo Corporation  6.47 $ 2,837.000  Millions$ 438  Millions
Ball Corporation  6.42 $ 10,797.000  Millions$ 1,682  Millions

Date modified: 2026-07-16T06:28:38+00:00




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