Taronis Technologies (MNGA) Inventory Turnover Ratio, from third quarter 2019 to third quarter 2018, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Taronis Technologies, Inc.  (MNGA)
 

Taronis Technologies Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2019, Taronis Technologies's inventory turnover ratio sequentially decreased to 3.09 in the third quarter 2019, otherwise the ratio remained above the average, as MNGA's markets remain strong.Taronis Technologies's average inventory processing period in the Sep 30 2019 quarter, has increased to 118 days, from 115 days, in the Jun 30 2019 quarter.

Within Capital Goods sector 147 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2019, to 1297, from total ranking in the second quarter 2019 at 1331.

MNGA Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Taronis Technologies, Inc. Market Share?

What is Inventory Turnover Ratio?




MNGA Inventory Turnover Ratio (Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Inventory Growth 125.16 % 65.38 % 109.61 % 82.38 % -3.8 %
Y / Y Cost of Sales Growth 79.12 % 62.55 % 253.73 % 106.16 % 189.77 %
Inventory Turnover Ratio (TTM) 3.09 3.17 3.09 2.8 2.96
MNGA's Total Ranking # 1297 # 1331 # 0 # #
Average inventory processing period 118 115 118 130 123
Seq. Inventory Growth 7 % -3.25 % 14.93 % 89.24 % -21.41 %
Seq. Cost of Sales Growth -10.59 % 19.61 % 106.95 % -19.07 % -18.86 %




Inventory Turnover Ratio Company Ranking
Within: No.
Industrial Machinery and Components Industry # 61
Capital Goods Sector # 148
Overall Market # 1297

Inventory Turnover Ratio Statistics
High Average Low
3.17 1.12 0.17
(Jun 30 2019)   (Jun 30 2012)




Financial Statements
Taronis Technologies's Inventories $ 3 Millions Visit MNGA's Balance sheet
Taronis Technologies's Cost of Revenues TTM $ 10 Millions Visit MNGA's Income Statement
What are MNGA's Sales? Visit MNGA's Sales by Segment

Other Inventory Turnover Ratios
Taronis Technologies'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
MNGA'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 MNGA's Competitors
Inventory Turnover Ratio for MNGA's Suppliers
Inventory Turnover Ratio for MNGA's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2019, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2019 Inventories at quarter ending Sep 30 2019
Kratos Defense and Security Solutions inc   7.85 $ 509.700  Millions$ 65  Millions
Cpi Aerostructures Inc   7.45 $ 78.921  Millions$ 11  Millions
Miller Industries Inc   7.42 $ 703.284  Millions$ 95  Millions
Spx Technologies Inc   7.37 $ 1,093.000  Millions$ 148  Millions
Cavco Industries Inc   6.83 $ 784.164  Millions$ 115  Millions
Hillenbrand inc   6.67 $ 1,184.300  Millions$ 177  Millions
Perma pipe International Holdings Inc   6.66 $ 101.989  Millions$ 15  Millions
Arotech Corp  6.64 $ 62.259  Millions$ 9  Millions
Evans and Sutherland Computer Corporation  6.59 $ 19.086  Millions$ 3  Millions
Spirit Aerosystems Holdings inc   6.58 $ 6,563.700  Millions$ 998  Millions
Illinois Tool Works Inc  6.44 $ 8,261.000  Millions$ 1,282  Millions
Atkore Inc   6.35 $ 1,419.338  Millions$ 223  Millions
Dynasil Corp Of America  6.07 $ 27.627  Millions$ 5  Millions
Jason Industries Inc   6.05 $ 361.431  Millions$ 60  Millions
Park Aerospace Corp   5.99 $ 39.381  Millions$ 7  Millions
Johnson Controls International Plc  5.84 $ 13,451.000  Millions$ 2,303  Millions
Daktronics Inc   5.81 $ 463.109  Millions$ 80  Millions
Acorn Energy Inc   5.67 $ 1.918  Millions$ 0  Millions
Jbt Marel Corporation  5.64 $ 1,348.700  Millions$ 239  Millions
Triumph Group Inc   5.60 $ 2,634.701  Millions$ 471  Millions
Applied Industrial Technologies Inc   5.49 $ 2,457.398  Millions$ 447  Millions
Nvent Electric Plc  5.47 $ 1,340.500  Millions$ 245  Millions
Donaldson Company Inc   5.40 $ 1,875.000  Millions$ 347  Millions
Dover Corp  5.40 $ 4,377.368  Millions$ 811  Millions
Xylem Inc   5.36 $ 3,213.000  Millions$ 599  Millions
Bloom Energy Corporation  5.25 $ 649.219  Millions$ 124  Millions
Ducommun Incorporated  5.22 $ 553.666  Millions$ 106  Millions
Owens Corning  5.20 $ 5,555.000  Millions$ 1,068  Millions
Welbilt inc   5.19 $ 1,043.900  Millions$ 201  Millions
Lincoln Electric Holdings Inc  5.16 $ 1,993.840  Millions$ 387  Millions

Date modified: 2026-09-08T15:09:44+00:00




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