Medicine Man Technologies Inc (MDCL) 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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Medicine Man Technologies inc   (MDCL)
    Sector • Services    Industry • Consulting Services
   Industry • Consulting Services
   Sector • Services
 

Medicine Man Technologies Inc Inventory Turnover Ratio (COS)

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

Medicine Man Technologies Inc inventory turnover ratio, the Medicine Man Technologies Inc 's ability to sell and replace its inventory in the fourth quarter 2023, sequentially increased to 3.21 in the fourth quarter 2023, yet the ratio remained below the average, as MDCL's market remain challenging.Average inventory processing period, for the Medicine Man Technologies Inc in Dec 31 2023 quarter, has decreased to 114 days, compare to 139 days, in the Sep 30 2023 quarter.

Within Services sector 182 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 625 in the third quarter 2023, to 659.

MDCL Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Medicine Man Technologies Inc Market Share?

What is Inventory Turnover Ratio?




MDCL 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 14.34 % 53.92 % 74.56 % 56.14 % 102.79 %
Y / Y Cost of Sales Growth 111.29 % 22.18 % -10.53 % -20 % 19.5 %
Inventory Turnover Ratio (TTM) 3.21 2.63 2.75 3.28 3.86
MDCL's Total Ranking # 659 # 625 # 397 # 522 #
Average inventory processing period 114 139 133 111 94
Seq. Inventory Growth -21.3 % -3.11 % 32.23 % 13.4 % 5.94 %
Seq. Cost of Sales Growth 43.39 % 48.88 % 6.25 % -6.85 % -17.08 %




Inventory Turnover Ratio Company Ranking
Within: No.
Consulting Services Industry # 4
Services Sector # 183
Overall Market # 659

Inventory Turnover Ratio Statistics
High Average Low
14.4 5.74 0.71
(Mar 31 2020)   (Sep 30 2016)




Financial Statements
Medicine Man Technologies Inc 's Inventories $ 26 Millions Visit MDCL's Balance sheet
Medicine Man Technologies Inc 's Cost of Revenues TTM $ 95 Millions Visit MDCL's Income Statement
What are MDCL's Sales? Visit MDCL's Sales by Segment

Other Inventory Turnover Ratios
Medicine Man Technologies Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Consulting Services Industry Inventory Turnover Trends and Statistics
Services Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MDCL's Inventory Turnover Ratio versus Consulting Services Industry, Services Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MDCL's Competitors
Inventory Turnover Ratio for MDCL's Suppliers
Inventory Turnover Ratio for MDCL's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Agiliti Inc De  10.06 $ 770.501  Millions$ 77  Millions
Adm Endeavors Inc   9.75 $ 3.682  Millions$ 0  Millions
Teekay Tankers Ltd   8.91 $ 474.371  Millions$ 53  Millions
Telesat Corporation  8.73 $ 28.546  Millions$ 3  Millions
Telef nica S a   8.72 $ 8,958.320  Millions$ 1,028  Millions
Dave and Buster s Entertainment Inc   8.09 $ 348.100  Millions$ 43  Millions
Marti Technologies Inc  8.04 $ 21.006  Millions$ 3  Millions
Exceed World Inc   7.89 $ 12.431  Millions$ 2  Millions
Vivid Seats Inc   7.69 $ 182.184  Millions$ 24  Millions
T mobile Us Inc   7.33 $ 11,877.000  Millions$ 1,619  Millions
Rocky Mountain Industrials Inc   7.16 $ 0.644  Millions$ 0  Millions
Remark Holdings Inc   7.13 $ 3.323  Millions$ 0  Millions
Graham Holdings Co  7.10 $ 1,920.035  Millions$ 270  Millions
Surgepays Inc   7.10 $ 101.499  Millions$ 14  Millions
Nextplat Corp  7.07 $ 25.371  Millions$ 4  Millions
Sk Telecom Co Ltd   6.98 $ 972.731  Millions$ 139  Millions
Yum China Holdings Inc   6.81 $ 2,752.000  Millions$ 404  Millions
Cincinnati Bell Inc   6.50 $ 653.900  Millions$ 101  Millions
China Liberal Education Holdings Limited  6.42 $ 1.235  Millions$ 0  Millions
Telephone And Data Systems Inc   5.68 $ 1,240.000  Millions$ 219  Millions
Cracker Barrel Old Country Store inc   5.66 $ 1,089.932  Millions$ 193  Millions
Rb Global Inc  5.54 $ 1,007.600  Millions$ 182  Millions
Limitless X Holdings Inc.  5.44 $ 4.672  Millions$ 1  Millions
Global Industrial Company  5.28 $ 838.500  Millions$ 159  Millions
Offerpad Solutions Inc   5.24 $ 1,244.000  Millions$ 237  Millions
Studio City International Holdings Limited  5.01 $ 28.847  Millions$ 6  Millions
H and e Equipment Services Inc   4.92 $ 784.755  Millions$ 159  Millions
Ashford Inc   4.81 $ 11.666  Millions$ 2  Millions
Globalstar Inc   4.50 $ 53.499  Millions$ 12  Millions
Pldt Inc   4.50 $ 271.571  Millions$ 60  Millions

Date modified: 2026-10-07T00:41:52+00:00




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