Muliang Viagoo Technology Inc (MHDG) 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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Muliang Viagoo Technology Inc   (MHDG)
 

Muliang Viagoo Technology Inc Inventory Turnover Ratio (COS)

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

Muliang Viagoo Technology Inc 's inventory turnover ratio, the ratio that measures Muliang Viagoo Technology Inc 's ability to manage its supply chain, sequentially decreased to 21.25 in the fourth quarter 2023, but it does not raise any concerns as Muliang Viagoo Technology Inc continue to execute well, and the inventory turnover ratio remains above the average. Muliang Viagoo Technology Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 17 days, from 15 days, in the Sep 30 2023 quarter.

Within Consumer Non Cyclical sector 8 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the fourth quarter 2023 compared to previous quarter at no. 152.

MHDG Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Muliang Viagoo Technology Inc Market Share?

What is Inventory Turnover Ratio?



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MHDG 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 -61.18 % -76.59 % -85.22 % 42.22 % 45.04 %
Y / Y Cost of Sales Growth -48.97 % 11.7 % 3.52 % -29.76 % 66.82 %
Inventory Turnover Ratio (TTM) 21.25 24.31 11.76 6.69 7.21
MHDG's Total Ranking # 152 # 152 # 328 # 568 # 588
Average inventory processing period 17 15 31 55 51
Seq. Inventory Growth -77.93 % 16.82 % -1.3 % 52.57 % -86.69 %
Seq. Cost of Sales Growth -33.03 % 267.99 % -24.55 % -72.56 % 46.59 %




Inventory Turnover Ratio Company Ranking
Within: No.
Agricultural Production Industry # 5
Consumer Non Cyclical Sector # 9
Overall Market # 152

Inventory Turnover Ratio Statistics
High Average Low
34.78 15.57 1.28
(Mar 31 2021)   (Dec 31 2017)



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

Financial Statements
Muliang Viagoo Technology Inc 's Inventories $ 0 Millions Visit MHDG's Balance sheet
Muliang Viagoo Technology Inc 's Cost of Revenues TTM $ 5 Millions Visit MHDG's Income Statement
What are MHDG's Sales? Visit MHDG's Sales by Segment

Other Inventory Turnover Ratios
Muliang Viagoo Technology Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Agricultural Production Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MHDG's Inventory Turnover Ratio versus Agricultural Production Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MHDG's Competitors
Inventory Turnover Ratio for MHDG's Suppliers
Inventory Turnover Ratio for MHDG's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Dswiss Inc   176.88 $ 1.111  Millions$ 0  Millions
Chanson International Holding  46.72 $ 9.105  Millions$ 0  Millions
Mama s Creations Inc   24.78 $ 72.654  Millions$ 3  Millions
Muliang Viagoo Technology Inc   21.25 $ 5.342  Millions$ 0  Millions
Edible Garden Ag Incorporated  19.37 $ 13.227  Millions$ 1  Millions
Ispire Technology Inc  19.02 $ 165.815  Millions$ 9  Millions
Fresh Del Monte Produce Inc  18.22 $ 3,970.000  Millions$ 218  Millions
Chase General Corp  16.73 $ 2.589  Millions$ 0  Millions
Cea Industries Inc   16.55 $ 6.000  Millions$ 0  Millions
Calavo Growers Inc  16.33 $ 623.882  Millions$ 38  Millions
Ricebran Technologies  14.84 $ 15.151  Millions$ 1  Millions
Flowers Foods Inc  14.45 $ 2,632.136  Millions$ 182  Millions

Date modified: 2026-08-31T04:58:56+00:00




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