Ideanomics Inc (IDEX) Inventory Turnover Ratio, from fourth quarter 2023 to fourth quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Ideanomics inc   (NASDAQ: IDEX)
 

Ideanomics Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2023, Ideanomics Inc 's inventory turnover ratio sequentially decreased to 1.04 in the fourth quarter 2023, unsurprisingly, as the Ideanomics Inc markets continue to deteriorate, and IDEX's faces growing challenges to bring down its inventories. Ideanomics Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 351 days, from 217 days, in the Sep 30 2023 quarter.

Within Consumer Discretionary sector 158 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1395 in the third quarter 2023, to 1853.

IDEX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Ideanomics Inc Market Share?

What is Inventory Turnover Ratio?



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IDEX Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth -29.77 % -43.17 % -3.55 % 25.16 % 358.61 %
Y / Y Cost of Sales Growth -87.15 % -91.67 % -78.13 % -56 % -25.48 %
Inventory Turnover Ratio (TTM) 1.04 1.68 2.3 3.2 3.91
IDEX's Total Ranking # 1853 # 1395 # 1197 # 433 # 755
Average inventory processing period 351 217 159 114 93
Seq. Inventory Growth 18.22 % -26.8 % -16.19 % -3.16 % -4.35 %
Seq. Cost of Sales Growth 28.5 % -71.43 % -36.36 % -45 % -16.67 %




Inventory Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 20
Consumer Discretionary Sector # 159
Overall Market # 1853

Inventory Turnover Ratio Statistics
High Average Low
24.81 9.26 1.04
(Dec 31 2021)   (Dec 31 2023)



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

Financial Statements
Ideanomics Inc 's Inventories $ 20 Millions Visit IDEX's Balance sheet
Ideanomics Inc 's Cost of Revenues TTM $ 23 Millions Visit IDEX's Income Statement
What are IDEX's Sales? Visit IDEX's Sales by Segment

Other Inventory Turnover Ratios
Ideanomics Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
EV, Auto & Truck Manufacturers Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
IDEX's Inventory Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for IDEX's Competitors
Inventory Turnover Ratio for IDEX's Suppliers
Inventory Turnover Ratio for IDEX's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Brunswick Corporation  3.12 $ 4,614.400  Millions$ 1,478  Millions
Superior Group Of Companies Inc   3.09 $ 339.755  Millions$ 110  Millions
Nikola Corporation  3.02 $ 249.000  Millions$ 82  Millions
Deckers Outdoor Corp  2.96 $ 1,876.141  Millions$ 635  Millions
Guess Inc  2.94 $ 1,553.881  Millions$ 528  Millions
Lkq Corporation  2.88 $ 8,291.000  Millions$ 2,883  Millions
Hasbro Inc   2.85 $ 1,706.000  Millions$ 599  Millions
Rivian Automotive Inc   2.83 $ 6,464.000  Millions$ 2,284  Millions
Bel Fuse Inc  2.82 $ 423.000  Millions$ 150  Millions
Interface Inc  2.81 $ 820.000  Millions$ 292  Millions
Fox Factory Holding Corp   2.76 $ 999.000  Millions$ 362  Millions
Cepton Inc   2.73 $ 9.506  Millions$ 3  Millions
Caleres inc  2.68 $ 1,554.000  Millions$ 579  Millions
Flexsteel Industries Inc   2.66 $ 318.366  Millions$ 120  Millions
Under Armour Inc   2.63 $ 3,130.914  Millions$ 1,190  Millions
Bassett Furniture Industries Incorporated  2.62 $ 183.000  Millions$ 70  Millions
Skechers Usa Inc  2.61 $ 3,847.000  Millions$ 1,474  Millions
Brownie s Marine Group Inc   2.61 $ 5.473  Millions$ 2  Millions
Lululemon Athletica Inc   2.57 $ 4,009.000  Millions$ 1,557  Millions
The Toro Company  2.56 $ 2,879.084  Millions$ 1,126  Millions
Kontoor Brands Inc   2.54 $ 1,519.635  Millions$ 598  Millions
The Dixie Group Inc  2.54 $ 202.464  Millions$ 80  Millions
Nocopi Technologies Inc   2.45 $ 0.982  Millions$ 0  Millions
Pvh Corp   2.41 $ 3,854.500  Millions$ 1,603  Millions
Wolverine World Wide Inc   2.37 $ 1,370.000  Millions$ 578  Millions
Fossil Group inc   2.36 $ 732.000  Millions$ 310  Millions
Lobo Technologies Ltd   2.31 $ 13.267  Millions$ 6  Millions
Lucid Group Inc   2.30 $ 1,936.066  Millions$ 841  Millions
Container Store Group Inc   2.26 $ 383.703  Millions$ 169  Millions
Xmax Inc   2.25 $ 6.000  Millions$ 3  Millions

Date modified: 2026-08-29T07:53:24+00:00




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