Kona Gold Beverage Inc (KGKG) 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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Kona Gold Beverage Inc   (KGKG)
 

Kona Gold Beverage Inc Inventory Turnover Ratio (COS)

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

Kona Gold Beverage Inc inventory turnover ratio, the Kona Gold Beverage Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 5.15 in the third quarter 2023, a new company high. Average inventory processing period, for the Kona Gold Beverage Inc in Sep 30 2023 quarter, has decreased to 71 days, compare to 81 days, in the Jun 30 2023 quarter.

Within Consumer Non Cyclical sector 69 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 678, from total ranking in the second quarter 2023 at 794.

KGKG Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Kona Gold Beverage Inc Market Share?

What is Inventory Turnover Ratio?




KGKG 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 -66.86 % -53.63 % -43.06 % 49.47 % 16.3 %
Y / Y Cost of Sales Growth -42.63 % -16.13 % 16.12 % 20.41 % 97.23 %
Inventory Turnover Ratio (TTM) 5.15 4.5 3.88 3.3 3.39
KGKG's Total Ranking # 678 # 794 # 1275 # 1265 # 1340
Average inventory processing period 71 81 94 111 108
Seq. Inventory Growth -39.47 % -14.19 % -25.16 % -14.75 % -15.3 %
Seq. Cost of Sales Growth -32.53 % -24.74 % 17.14 % -3.53 % -1.38 %




Inventory Turnover Ratio Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 6
Consumer Non Cyclical Sector # 70
Overall Market # 678

Inventory Turnover Ratio Statistics
High Average Low
5.15 3.66 2.8
(Sep 30 2023)   (Dec 31 2021)




Financial Statements
Kona Gold Beverage Inc 's Inventories $ 0 Millions Visit KGKG's Balance sheet
Kona Gold Beverage Inc 's Cost of Revenues TTM $ 3 Millions Visit KGKG's Income Statement
What are KGKG's Sales? Visit KGKG's Sales by Segment

Other Inventory Turnover Ratios
Kona Gold Beverage Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Nonalcoholic Beverages Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
KGKG's Inventory Turnover Ratio versus Nonalcoholic Beverages Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for KGKG's Competitors
Inventory Turnover Ratio for KGKG's Suppliers
Inventory Turnover Ratio for KGKG's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Muliang Viagoo Technology Inc   24.31 $ 6.834  Millions$ 0  Millions
Pacific Ventures Group Inc   23.59 $ 27.185  Millions$ 1  Millions
Ricebran Technologies  23.36 $ 23.405  Millions$ 1  Millions
Mama s Creations Inc   23.33 $ 70.299  Millions$ 3  Millions
Naturalshrimp Incorporated  21.50 $ 0.976  Millions$ 0  Millions
Bon Natural Life Limited  21.20 $ 20.682  Millions$ 1  Millions
Nightfood Holdings Inc   20.02 $ 5.827  Millions$ 0  Millions
Edible Garden Ag Incorporated  18.84 $ 12.429  Millions$ 1  Millions
Fresh Del Monte Produce Inc  18.31 $ 3,982.200  Millions$ 217  Millions
Cea Industries Inc   16.77 $ 6.295  Millions$ 0  Millions
Chase General Corp  16.08 $ 2.372  Millions$ 0  Millions
Calavo Growers Inc  15.93 $ 626.714  Millions$ 39  Millions
Brewbilt Brewing Company  14.70 $ 0.487  Millions$ 0  Millions
Flowers Foods Inc  14.70 $ 2,620.115  Millions$ 178  Millions
Hostess Brands inc   13.75 $ 901.210  Millions$ 66  Millions
Coca cola Consolidated Inc   12.07 $ 4,040.605  Millions$ 335  Millions
Lifeway Foods Inc   11.98 $ 113.595  Millions$ 9  Millions
Andersons Inc   11.80 $ 15,516.928  Millions$ 1,315  Millions
Chs Inc   11.52 $ 43,213.739  Millions$ 3,752  Millions
Cf Industries Holdings inc   11.34 $ 4,368.000  Millions$ 385  Millions
Tootsie Roll Industries Inc  11.29 $ 506.888  Millions$ 45  Millions
Universal Corporation  10.69 $ 2,160.069  Millions$ 202  Millions
Mission Produce Inc   10.62 $ 870.000  Millions$ 82  Millions
Vector Group Ltd  10.23 $ 974.532  Millions$ 95  Millions
Tyson Foods Inc   9.21 $ 50,250.000  Millions$ 5,455  Millions
The Marzetti Company  9.18 $ 1,458.518  Millions$ 159  Millions
Nutra Pharma Corp   8.64 $ 0.242  Millions$ 0  Millions
Vital Farms Inc   8.36 $ 294.917  Millions$ 35  Millions
Utz Brands Inc   8.17 $ 981.877  Millions$ 120  Millions
Pilgrim s Pride Corporation  7.98 $ 16,067.830  Millions$ 2,014  Millions

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




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