Newage Inc (NBEV) Inventory Turnover Ratio, from third quarter 2021 to third quarter 2020, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Newage Inc   (NASDAQ: NBEV)
 

Newage Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2021, Newage Inc 's inventory turnover ratio sequentially decreased to 3.08 in the third quarter 2021, unsurprisingly, as the Newage Inc markets continue to deteriorate, and NBEV's faces growing challenges to bring down its inventories. Newage Inc 's average inventory processing period in the Sep 30 2021 quarter, has increased to 119 days, from 113 days, in the Jun 30 2021 quarter.

Within Consumer Non Cyclical sector 112 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1284 in the second quarter 2021, to 1289.

NBEV Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Newage Inc Market Share?

What is Inventory Turnover Ratio?




NBEV Inventory Turnover Ratio (Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Inventory Growth 59.9 % 30.16 % 27.59 % 30.86 % -20.07 %
Y / Y Cost of Sales Growth 33.08 % 63.85 % 71.94 % 11.06 % -14.59 %
Inventory Turnover Ratio (TTM) 3.08 3.22 3.03 2.79 2.93
NBEV's Total Ranking # 1289 # 1284 # 1284 # 1284 #
Average inventory processing period 118 113 120 131 124
Seq. Inventory Growth 10.53 % 2.97 % -10.63 % 57.2 % -10.02 %
Seq. Cost of Sales Growth -16.59 % 5.57 % 26.93 % 19.05 % 2.71 %




Inventory Turnover Ratio Company Ranking
Within: No.
Alcoholic Beverages Industry # 2
Consumer Non Cyclical Sector # 113
Overall Market # 1289

Inventory Turnover Ratio Statistics
High Average Low
18.6 5.01 1.5
(Dec 31 2014)   (Jun 30 2016)




Financial Statements
Newage Inc 's Inventories $ 49 Millions Visit NBEV's Balance sheet
Newage Inc 's Cost of Revenues TTM $ 142 Millions Visit NBEV's Income Statement
What are NBEV's Sales? Visit NBEV's Sales by Segment

Other Inventory Turnover Ratios
Newage Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Alcoholic Beverages Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NBEV's Inventory Turnover Ratio versus Alcoholic Beverages Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NBEV's Competitors
Inventory Turnover Ratio for NBEV's Suppliers
Inventory Turnover Ratio for NBEV's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2021, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2021 Inventories at quarter ending Sep 30 2021
Pepsico Inc   7.82 $ 35,371.000  Millions$ 4,525  Millions
Darling Ingredients Inc   7.58 $ 3,281.653  Millions$ 433  Millions
Ennis Inc   7.55 $ 266.955  Millions$ 35  Millions
The Simply Good Foods Company  7.50 $ 595.847  Millions$ 79  Millions
Hormel Foods Corporation  7.42 $ 9,458.283  Millions$ 1,274  Millions
Blue Star Foods Corp   7.41 $ 9.141  Millions$ 1  Millions
J and j Snack Foods Corp   7.22 $ 845.651  Millions$ 117  Millions
Stepan Company  7.16 $ 1,809.324  Millions$ 253  Millions
Kellanova  7.10 $ 9,485.000  Millions$ 1,337  Millions
Post Holdings Inc   7.09 $ 4,412.400  Millions$ 622  Millions
The Boston Beer Company Inc   6.83 $ 1,256.180  Millions$ 184  Millions
Philip Morris International Inc   6.76 $ 59,974.000  Millions$ 8,868  Millions
Splash Beverage Group Inc   6.71 $ 7.298  Millions$ 1  Millions
Cvr Partners Lp  6.67 $ 348.000  Millions$ 52  Millions
General Mills Inc   6.56 $ 11,847.600  Millions$ 1,807  Millions
Procter and Gamble Co  6.44 $ 38,331.000  Millions$ 5,948  Millions
The Clorox Company  6.39 $ 4,282.000  Millions$ 670  Millions
Bunge Global Sa  6.39 $ 51,501.000  Millions$ 8,066  Millions
Kraft Heinz Co  6.33 $ 17,229.000  Millions$ 2,722  Millions
Archer daniels midland Co  6.32 $ 74,448.000  Millions$ 11,773  Millions
Twinlab Consolidated Holdings Inc   6.31 $ 57.993  Millions$ 9  Millions
The Campbells Company  6.31 $ 5,652.000  Millions$ 896  Millions
Keurig Dr Pepper Inc   6.29 $ 5,459.000  Millions$ 868  Millions
Millerknoll Inc   6.24 $ 1,650.400  Millions$ 265  Millions
Bellring Brands Inc   6.17 $ 860.900  Millions$ 140  Millions
Mondel z International Inc   6.13 $ 17,067.000  Millions$ 2,782  Millions
Monster Beverage Corp  5.86 $ 2,280.974  Millions$ 389  Millions
Aquabounty Technologies Inc   5.83 $ 10.952  Millions$ 2  Millions
Srx Health Solutions Inc   5.83 $ 22.444  Millions$ 4  Millions
Cal maine Foods Inc   5.81 $ 1,237.368  Millions$ 213  Millions

Date modified: 2026-09-08T15:10:26+00:00




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