Mj Harvest Inc (MJ) 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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Mj Harvest Inc   (MJ)
 

Mj Harvest Inc Inventory Turnover Ratio (COS)

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

Mj Harvest Inc inventory turnover ratio, the Mj Harvest Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 0.89 in the third quarter 2023, yet the ratio remained below the average, as MJ's market remain challenging.Average inventory processing period, for the Mj Harvest Inc in Feb 28 2023 quarter, has decreased to 410 days, compare to 589 days, in the Nov 30 2022 quarter.

Within Capital Goods sector 221 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 929, from total ranking in the second quarter 2023 at 1959.

MJ Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Mj Harvest Inc Market Share?

What is Inventory Turnover Ratio?




MJ Inventory Turnover Ratio (Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
(Aug 31 2022)
I. Quarter
(May 31 2022)
IV. Quarter
(Feb 28 2022)
III. Quarter
Y / Y Inventory Growth 1060.78 % 3269.96 % 2540.17 % 599.81 % 224.04 %
Y / Y Cost of Sales Growth 2308.35 % 117.24 % 312.69 % - 16.64 %
Inventory Turnover Ratio (TTM) 0.89 0.62 1.24 2.22 1.17
MJ's Total Ranking # 929 # 1959 # 1435 # 571 # 1009
Average inventory processing period 411 590 294 165 312
Seq. Inventory Growth 10.49 % 98.21 % 145.84 % 115.6 % 220.78 %
Seq. Cost of Sales Growth 883.34 % -57.53 % -38.5 % 837.72 % -11.3 %




Inventory Turnover Ratio Company Ranking
Within: No.
Industrial Machinery and Components Industry # 98
Capital Goods Sector # 222
Overall Market # 929

Inventory Turnover Ratio Statistics
High Average Low
5.41 2.44 0.55
(Feb 28 2021)   (Feb 29 2020)




Financial Statements
Mj Harvest Inc 's Inventories $ 1 Millions Visit MJ's Balance sheet
Mj Harvest Inc 's Cost of Revenues TTM $ 1 Millions Visit MJ's Income Statement
What are MJ's Sales? Visit MJ's Sales by Segment

Other Inventory Turnover Ratios
Mj Harvest Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Industrial Machinery and Components Industry Inventory Turnover Trends and Statistics
Capital Goods Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MJ's Inventory Turnover Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MJ's Competitors
Inventory Turnover Ratio for MJ's Suppliers
Inventory Turnover Ratio for MJ's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Feb 28 2023, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Feb 28 2023 Inventories at quarter ending Feb 28 2023
Enersys  1.53 $ 1,232.616  Millions$ 806  Millions
Gencor Industries Inc   1.49 $ 83.486  Millions$ 56  Millions
Graftech International Ltd   1.48 $ 647.804  Millions$ 438  Millions
Twin Disc Inc  1.48 $ 195.233  Millions$ 132  Millions
Hovnanian Enterprises Inc  1.47 $ 2,237.536  Millions$ 1,527  Millions
Vse Corporation  1.40 $ 520.488  Millions$ 371  Millions
Byrna Technologies Inc   1.38 $ 21.560  Millions$ 16  Millions
Garmin Ltd  1.36 $ 2,037.958  Millions$ 1,496  Millions
Neovolta Inc   1.32 $ 2.302  Millions$ 2  Millions
Hudson Technologies Inc  1.31 $ 170.683  Millions$ 130  Millions
Sunrun Inc   1.25 $ 879.282  Millions$ 702  Millions
Virtra Inc   1.24 $ 12.059  Millions$ 10  Millions
Mind Technology Inc  1.21 $ 18.456  Millions$ 15  Millions
Hesai Group  1.21 $ 105.939  Millions$ 88  Millions
Playags Inc   1.19 $ 43.687  Millions$ 37  Millions
Advanced Drainage Systems Inc   1.19 $ 562.079  Millions$ 473  Millions
Lennar Corp  1.16 $ 25,794.115  Millions$ 22,215  Millions
Tecogen Inc   1.14 $ 11.152  Millions$ 10  Millions
Mi Homes Inc   1.13 $ 3,187.401  Millions$ 2,830  Millions
Energy Recovery Inc   1.12 $ 33.983  Millions$ 30  Millions
Air Industries Group  1.11 $ 36.164  Millions$ 33  Millions
Century Communities Inc   1.10 $ 3,207.460  Millions$ 2,920  Millions
Taylor Morrison Home Corp  1.07 $ 6,084.846  Millions$ 5,677  Millions
Expion360 Inc   1.05 $ 4.645  Millions$ 4  Millions
Beazer Homes Usa Inc   1.03 $ 1,830.884  Millions$ 1,769  Millions
Wrap Technologies Inc   1.03 $ 3.742  Millions$ 4  Millions
Landsea Homes Corporation  0.99 $ 1,106.219  Millions$ 1,122  Millions
U Power Limited  0.95 $ 0.745  Millions$ 1  Millions
Laser Photonics Corporation  0.94 $ 1.844  Millions$ 2  Millions
Kb Home  0.94 $ 5,214.052  Millions$ 5,571  Millions

Date modified: 2026-08-29T17:41:30+00:00




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