Newater Technology Inc (NEWA) Inventory Turnover Ratio, from fourth quarter 2020 to fourth quarter 2019, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Newater Technology Inc   (NEWA)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

Newater Technology Inc Inventory Turnover Ratio (COS)

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

Newater Technology Inc inventory turnover ratio, the Newater Technology Inc 's ability to sell and replace its inventory in the fourth quarter 2020, sequentially increased to 1.9 in the fourth quarter 2020, a new company high. Average inventory processing period, for the Newater Technology Inc in Dec 31 2020 quarter, has decreased to 192 days, compare to 274 days, in the 0 quarter.

Within Services sector 186 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2020, to 1790, from total ranking in the third quarter 2020 at 1796.

NEWA Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Newater Technology Inc Market Share?

What is Inventory Turnover Ratio?




NEWA Inventory Turnover Ratio (Dec 31 2020)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Inventory Growth 6.73 % 58.49 % 58.49 % 58.49 % -1.3 %
Y / Y Cost of Sales Growth 42.92 % - - - -17.05 %
Inventory Turnover Ratio (TTM) 1.9 - - - 2.1
NEWA's Total Ranking # 1790 # 1796 # 1800 # 1792 # 1828
Average inventory processing period 192 - - - 174
Seq. Inventory Growth -99.29 % 0 % 0 % 14903.97 % -98.94 %
Seq. Cost of Sales Growth - - - - -




Inventory Turnover Ratio Company Ranking
Within: No.
Professional Services Industry # 27
Services Sector # 187
Overall Market # 1790

Inventory Turnover Ratio Statistics
High Average Low
1.9 1.59 1.1
0   0




Financial Statements
Newater Technology Inc 's Inventories $ 0 Millions Visit NEWA's Balance sheet
Newater Technology Inc 's Cost of Revenues TTM $ 31 Millions Visit NEWA's Income Statement
What are NEWA's Sales? Visit NEWA's Sales by Segment

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

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2020, within Services Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2020 Inventories at quarter ending Dec 31 2020
51talk Online Education Group  299.51 $ 88.953  Millions$ 0  Millions
Legacy Education Alliance Inc   285.15 $ 7.913  Millions$ 0  Millions
Medirom Healthcare Technologies Inc   270.22 $ 19.745  Millions$ 0  Millions
Sirius Xm Holdings Inc   244.45 $ 2,689.000  Millions$ 11  Millions
Upbound Group Inc   177.38 $ 852.962  Millions$ 5  Millions
Perma Fix Environmental Services Inc  158.86 $ 89.239  Millions$ 1  Millions
Jack In The Box Inc   137.34 $ 256.381  Millions$ 2  Millions
The Wendy s Company  134.37 $ 614.907  Millions$ 5  Millions
Ton Strategy Company  125.52 $ 4.801  Millions$ 0  Millions
Shift4 Payments Inc   120.08 $ 588.400  Millions$ 5  Millions
Tss Inc   103.68 $ 38.259  Millions$ 0  Millions
Greentree Hospitality Group Ltd  103.17 $ 60.157  Millions$ 1  Millions
Puxin Limited  102.47 $ 238.865  Millions$ 2  Millions
Service Corporation International  97.85 $ 2,534.682  Millions$ 26  Millions
Uxin Limited  82.75 $ 689.292  Millions$ 8  Millions
Cardtronics Plc  78.46 $ 692.651  Millions$ 9  Millions
Biglari Holdings Inc   77.90 $ 246.655  Millions$ 3  Millions
Century Casinos Inc   74.77 $ 131.563  Millions$ 2  Millions
Mcdonald s Corporation  74.42 $ 3,293.200  Millions$ 44  Millions
Lixiang Education Holding Co Ltd  69.91 $ 17.497  Millions$ 0  Millions
Pfsweb Inc   68.45 $ 259.099  Millions$ 4  Millions
Nathan s Famous Inc   67.40 $ 34.676  Millions$ 1  Millions
Casella Waste Systems Inc   65.11 $ 515.646  Millions$ 8  Millions
Ryder System Inc   58.57 $ 3,653.088  Millions$ 62  Millions
Fiesta Restaurant Group Inc   58.19 $ 170.513  Millions$ 3  Millions
Civeo Corp  56.29 $ 361.505  Millions$ 6  Millions
Hyatt Hotels Corporation  54.52 $ 627.000  Millions$ 12  Millions
Chuy s Holdings Inc   53.52 $ 79.033  Millions$ 1  Millions
Las Vegas Sands Corp   50.59 $ 1,758.000  Millions$ 35  Millions
Addentax Group Corp   50.53 $ 24.341  Millions$ 0  Millions

Date modified: -0001-11-30T00:00:00+00:00




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