Kandi Technologies Group Inc (KNDI) 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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Kandi Technologies Group Inc   (NASDAQ: KNDI)
 

Kandi Technologies Group Inc Inventory Turnover Ratio (COS)

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

Kandi Technologies Group Inc inventory turnover ratio, the Kandi Technologies Group Inc 's ability to sell and replace its inventory in the fourth quarter 2023, sequentially increased to 1.87 in the fourth quarter 2023, yet the ratio remained below the average, as KNDI's market remain challenging.Average inventory processing period, for the Kandi Technologies Group Inc in Dec 31 2023 quarter, has decreased to 195 days, compare to 209 days, in the Sep 30 2023 quarter.

Within Consumer Discretionary sector 137 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 954 in the third quarter 2023, to 1654.

KNDI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Kandi Technologies Group Inc Market Share?

What is Inventory Turnover Ratio?




KNDI 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 -62.45 % -3.59 % 26.6 % 32.48 % 36.17 %
Y / Y Cost of Sales Growth -35.22 % -6.58 % 22.6 % -34.09 % 17.73 %
Inventory Turnover Ratio (TTM) 1.87 1.75 1.77 1.79 2.09
KNDI's Total Ranking # 1654 # 954 # 797 # 1042 # 1362
Average inventory processing period 195 208 206 204 175
Seq. Inventory Growth -52.98 % -11 % -11.44 % 1.32 % 20.73 %
Seq. Cost of Sales Growth -22.88 % 14.8 % 49.79 % -51.15 % 11.21 %




Inventory Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 13
Consumer Discretionary Sector # 138
Overall Market # 1654

Inventory Turnover Ratio Statistics
High Average Low
9.58 4.53 1.55
(Dec 31 2014)   (Dec 31 2023)




Financial Statements
Kandi Technologies Group Inc 's Inventories $ 21 Millions Visit KNDI's Balance sheet
Kandi Technologies Group Inc 's Cost of Revenues TTM $ 82 Millions Visit KNDI's Income Statement
What are KNDI's Sales? Visit KNDI's Sales by Segment

Other Inventory Turnover Ratios
Kandi Technologies Group 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
KNDI'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 KNDI's Competitors
Inventory Turnover Ratio for KNDI's Suppliers
Inventory Turnover Ratio for KNDI's Customers

You may also want to know
KNDI's Sales Growth Rates KNDI's Pe Price to earnings ratio KNDI's Receivables Turnover Ratio KNDI's Stock Quote
KNDI's Net Income Growth Rates KNDI's Ps Price to Sales ratio KNDI's Sales per Employee KNDI's Asset Turnover Ratio
KNDI's Net Margin KNDI's Pb Price to Book ratio KNDI's Financial Strength Ratios KNDI'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
Skyx Platforms Corp   10.17 $ 40.000  Millions$ 4  Millions
Nio inc   9.96 $ 7,403.785  Millions$ 743  Millions
Graybar Electric Company Inc   9.50 $ 8,818.600  Millions$ 928  Millions
Nwtn Inc  9.24 $ 71.780  Millions$ 8  Millions
Ford Motor Co  8.87 $ 150,633.000  Millions$ 16,973  Millions
Luminar Technologies Inc   8.86 $ 142.000  Millions$ 16  Millions
Autoliv Inc   8.81 $ 8,654.000  Millions$ 982  Millions
General Motors Company  8.09 $ 141,330.000  Millions$ 17,468  Millions
Jakks Pacific Inc   7.79 $ 488.000  Millions$ 63  Millions
Otis Worldwide Corporation  7.69 $ 4,843.000  Millions$ 630  Millions
Superior Industries International Inc   7.49 $ 1,269.000  Millions$ 169  Millions
Cooper standard Holdings Inc   7.43 $ 1,250.000  Millions$ 168  Millions
Cintas Corporation  7.36 $ 3,756.496  Millions$ 511  Millions
Whirlpool Corp  6.88 $ 16,285.000  Millions$ 2,368  Millions
Aptiv Plc  6.88 $ 16,612.000  Millions$ 2,416  Millions
Sleep Number Corporation  6.79 $ 798.000  Millions$ 117  Millions
Borgwarner Inc   6.57 $ 10,345.000  Millions$ 1,575  Millions
Cheetah Net Supply Chain Service inc   6.52 $ 32.228  Millions$ 5  Millions
Commercial Vehicle Group Inc   6.36 $ 821.588  Millions$ 129  Millions
Ituran Location And Control Ltd   6.21 $ 166.817  Millions$ 27  Millions
Masterbrand Inc   6.14 $ 1,824.800  Millions$ 297  Millions
Strattec Security Corp  6.01 $ 459.686  Millions$ 77  Millions
Modine Manufacturing Co  5.88 $ 1,918.900  Millions$ 326  Millions
Allison Transmission Holdings Inc   5.73 $ 1,565.000  Millions$ 273  Millions
Dana Incorporated  5.64 $ 9,655.000  Millions$ 1,711  Millions
Tesla Inc   5.64 $ 79,113.000  Millions$ 14,020  Millions
Steven Madden Ltd   5.59 $ 1,149.168  Millions$ 206  Millions
Phinia Inc   5.57 $ 2,776.000  Millions$ 498  Millions
Acuity Inc   5.51 $ 2,163.600  Millions$ 393  Millions
Xpeng Inc   5.47 $ 4,488.399  Millions$ 821  Millions

Date modified: 2026-08-31T00:59:34+00:00




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