Independence Contract Drilling Inc (ICDI) 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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Independence Contract Drilling inc   (ICDI)
 

Independence Contract Drilling Inc Inventory Turnover Ratio (COS)

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

Independence Contract Drilling Inc inventory turnover ratio, the Independence Contract Drilling Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 79.11 in the third quarter 2024, ICDI's markets remain strong, its supply chain continue to be in a grate shape.Average processing period, for Independence Contract Drilling Inc 's inventories remained unchanged at 5 days, in the Sep 30 2024 quarter.

Within Energy sector 2 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2024 compared to previous quarter at no. 54.

ICDI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Independence Contract Drilling Inc Market Share?

What is Inventory Turnover Ratio?



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ICDI 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 -15.34 % -8.12 % 1.75 % 3.25 % 30.98 %
Y / Y Cost of Sales Growth 7.93 % -6.78 % -17.74 % -12.46 % -12.38 %
Inventory Turnover Ratio (TTM) 79.11 74.29 74.16 78.47 81.77
ICDI's Total Ranking # 54 # 54 # 55 # 56 # 56
Average inventory processing period 5 5 5 5 4
Seq. Inventory Growth 3.99 % -2.68 % 0.83 % -17.05 % 12.87 %
Seq. Cost of Sales Growth -5.9 % 2.33 % -2.08 % 14.47 % -18.72 %




Inventory Turnover Ratio Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 0
Energy Sector # 3
Overall Market # 54

Inventory Turnover Ratio Statistics
High Average Low
91.24 50.48 17.71
(Mar 31 2023)   (Dec 31 2016)



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

Financial Statements
Independence Contract Drilling Inc 's Inventories $ 2 Millions Visit ICDI's Balance sheet
Independence Contract Drilling Inc 's Cost of Revenues TTM $ 123 Millions Visit ICDI's Income Statement
What are ICDI's Sales? Visit ICDI's Sales by Segment

Other Inventory Turnover Ratios
Independence Contract Drilling Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Oil Well Services & Equipment Industry Inventory Turnover Trends and Statistics
Energy Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
ICDI's Inventory Turnover Ratio versus Oil Well Services & Equipment Industry, Energy Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for ICDI's Competitors
Inventory Turnover Ratio for ICDI's Suppliers
Inventory Turnover Ratio for ICDI's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Energy Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2024 Inventories at quarter ending Sep 30 2024
Adams Resources and Energy Inc   107.73 $ 2,614.459  Millions$ 24  Millions
Propetro Holding Corp   107.59 $ 1,953.842  Millions$ 18  Millions
Enservco Corporation  92.98 $ 18.619  Millions$ 0  Millions
Independence Contract Drilling inc   79.11 $ 123.497  Millions$ 2  Millions
Ranger Energy Services inc   77.71 $ 485.700  Millions$ 6  Millions
World Kinect Corporation  67.15 $ 43,410.700  Millions$ 646  Millions
Atlas Energy Solutions Inc   43.70 $ 599.941  Millions$ 14  Millions
Global Partners Lp  34.94 $ 16,316.975  Millions$ 467  Millions
Select Water Solutions inc   33.29 $ 1,245.073  Millions$ 37  Millions
Cnx Resources Corporation  24.95 $ 384.780  Millions$ 15  Millions
Phillips 66  23.55 $ 133,052.000  Millions$ 5,649  Millions
Sunoco Lp  22.74 $ 21,443.000  Millions$ 943  Millions
Klx Energy Services Holdings Inc   17.43 $ 574.400  Millions$ 33  Millions
Devon Energy Corp  17.34 $ 4,483.000  Millions$ 259  Millions
Valero Energy Corp  16.81 $ 128,489.000  Millions$ 7,643  Millions
Team Inc   16.26 $ 636.725  Millions$ 39  Millions
Liberty Energy Inc   15.79 $ 3,236.003  Millions$ 205  Millions

Date modified: 2026-06-22T14:32:39+00:00




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