Meta Materials Inc Inventory Turnover Ratio (COS)

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

Meta Materials Inc 's inventory turnover ratio, the ratio that measures Meta Materials Inc 's ability to manage its supply chain, sequentially decreased to 3.41 in the first quarter 2024, which does not come as a surprise, as the Meta Materials Inc continue to experience headwinds, which also impact its supply chain. Meta Materials Inc 's average inventory processing period in the Mar 31 2024 quarter, has increased to 107 days, from 75 days, in the Dec 31 2023 quarter.

Within Technology sector 144 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2024, to 1053, from total ranking in the fourth quarter 2023 at 1084.

MMAT Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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MMAT Inventory Turnover Ratio	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter
Y / Y Inventory Growth	-73.05 %	-63.95 %	-55.38 %	61.84 %	25.25 %
Y / Y Cost of Sales Growth	-99.5 %	6.76 %	-98.57 %	-98.03 %	-4.85 %
Inventory Turnover Ratio (TTM)	3.41	4.88	3.8	5.09	8.01
MMAT's Total Ranking	# 1053	# 1084	# 739	# 563	# 483
Average inventory processing period	107	75	96	72	46
Seq. Inventory Growth	-26.59 %	37.97 %	-74.37 %	3.82 %	-1.8 %
Seq. Cost of Sales Growth	-99.5 %	7203.88 %	-42.3 %	-97.67 %	8.52 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 30
Technology Sector	# 145
Overall Market	# 1053

Inventory Turnover Ratio Statistics
High	Average	Low
9.6	6.11	3.41
(Sep 30 2022)		(Mar 31 2024)

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

Financial Statements
Meta Materials Inc 's Inventories	$ 0 Millions	Visit MMAT's Balance sheet
Meta Materials Inc 's Cost of Revenues TTM	$ 1 Millions	Visit MMAT's Income Statement
What are MMAT's Sales?		Visit MMAT's Sales by Segment

Other Inventory Turnover Ratios
Meta Materials Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Semiconductors Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MMAT's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MMAT's Competitors
Inventory Turnover Ratio for MMAT's Suppliers
Inventory Turnover Ratio for MMAT's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Mar 31 2024	Inventories at quarter ending Mar 31 2024
Roper Technologies Inc	15.81	$ 1,917.900 Millions	$ 121 Millions
Track Group Inc	15.56	$ 18.760 Millions	$ 1 Millions
Franklin Covey Co	15.46	$ 66.466 Millions	$ 4 Millions
Birchtech Corp	15.43	$ 12.290 Millions	$ 1 Millions
Nxp Semiconductors N v	15.43	$ 5,715.000 Millions	$ 371 Millions
Skywater Technology Inc	15.37	$ 244.299 Millions	$ 16 Millions
Neogenomics Inc	15.17	$ 354.594 Millions	$ 23 Millions
Csp inc	15.05	$ 40.417 Millions	$ 3 Millions
Jingbo Technology Inc	14.39	$ 2.757 Millions	$ 0 Millions
Dna X Inc	12.86	$ 65.273 Millions	$ 5 Millions
Where Food Comes From Inc	12.75	$ 14.489 Millions	$ 1 Millions
Par Technology Corporation	12.71	$ 315.756 Millions	$ 25 Millions
Amkor Technology Inc	12.54	$ 5,444.882 Millions	$ 434 Millions
Agilysys Inc	12.28	$ 93.000 Millions	$ 8 Millions
Netapp Inc	12.11	$ 1,835.000 Millions	$ 152 Millions
F5 Inc	11.93	$ 559.339 Millions	$ 47 Millions
Powerdyne International Inc	11.27	$ 0.913 Millions	$ 0 Millions
Netscout Systems Inc	11.26	$ 187.000 Millions	$ 17 Millions
Transcat Inc	10.78	$ 175.675 Millions	$ 16 Millions
Photronics Inc	10.56	$ 553.083 Millions	$ 52 Millions
Iveda Solutions Inc	10.36	$ 4.165 Millions	$ 0 Millions
Life360 Inc	10.27	$ 81.568 Millions	$ 8 Millions
Creative Realities Inc	10.19	$ 23.145 Millions	$ 2 Millions
Samsara Inc	10.08	$ 256.024 Millions	$ 25 Millions
Airgain Inc	9.57	$ 32.874 Millions	$ 3 Millions
Bnb Plus Corp	9.41	$ 2.995 Millions	$ 0 Millions
Omniq Corp	9.10	$ 55.589 Millions	$ 6 Millions
Iteris inc	9.07	$ 107.000 Millions	$ 12 Millions
Ttm Technologies Inc	8.84	$ 1,826.671 Millions	$ 207 Millions
Strong Global Entertainment Inc	8.66	$ 33.000 Millions	$ 4 Millions

Date modified: 2026-09-08T15:11:21+00:00

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