Nano Magic Inc (NMGX) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Nano Magic Inc   (NMGX)
 

Nano Magic Inc Inventory Turnover Ratio (COS)

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

Nano Magic Inc inventory turnover ratio, the Nano Magic Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 2.69 in the third quarter 2024, yet the ratio remained below the average, as NMGX's market remain challenging.Average inventory processing period, for the Nano Magic Inc in Sep 30 2024 quarter, has decreased to 136 days, compare to 151 days, in the Jun 30 2024 quarter.

Within Basic Materials sector 183 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1160 in the second quarter 2024, to 1228.

NMGX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Nano Magic Inc Market Share?

What is Inventory Turnover Ratio?



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NMGX Inventory Turnover Ratio (Sep 30 2024)
III. Quarter		 (Jun 30 2024)
II. Quarter		 (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter
Y / Y Inventory Growth -27.48 % -28.43 % -26.12 % -24.13 % -25.06 %
Y / Y Cost of Sales Growth 7.02 % 30.65 % -17.82 % 67 % -17.58 %
Inventory Turnover Ratio (TTM) 2.69 2.42 2.06 2.03 1.78
NMGX's Total Ranking # 1228 # 1160 # 1350 # 1339 # 1464
Average inventory processing period 136 151 177 180 205
Seq. Inventory Growth -4.15 % -3.7 % -8.21 % -14.4 % -5.42 %
Seq. Cost of Sales Growth -7.01 % 29.57 % 73.41 % -48.78 % 13.51 %




Inventory Turnover Ratio Company Ranking
Within: No.
Chemical Manufacturing Industry # 50
Basic Materials Sector # 184
Overall Market # 1228

Inventory Turnover Ratio Statistics
High Average Low
5.71 3.66 1.57
(Sep 30 2015)   (Dec 31 2022)



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

Financial Statements
Nano Magic Inc 's Inventories $ 1 Millions Visit NMGX's Balance sheet
Nano Magic Inc 's Cost of Revenues TTM $ 2 Millions Visit NMGX's Income Statement
What are NMGX's Sales? Visit NMGX's Sales by Segment

Other Inventory Turnover Ratios
Nano Magic Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Chemical Manufacturing Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NMGX's Inventory Turnover Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NMGX's Competitors
Inventory Turnover Ratio for NMGX's Suppliers
Inventory Turnover Ratio for NMGX's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2024 Inventories at quarter ending Sep 30 2024
Quaker Chemical Corporation  7.94 $ 1,159.953  Millions$ 146  Millions
Trinseo Plc  7.85 $ 3,298.200  Millions$ 420  Millions
Ufp Industries inc   7.75 $ 5,429.853  Millions$ 701  Millions
Armstrong World Industries Inc   7.56 $ 832.500  Millions$ 110  Millions
International Paper Company  7.47 $ 13,408.000  Millions$ 1,796  Millions
Worthington Steel Inc   7.46 $ 2,947.100  Millions$ 395  Millions
Huadi International Group Co Ltd  7.38 $ 66.913  Millions$ 9  Millions
Gibraltar Industries Inc   7.37 $ 978.817  Millions$ 133  Millions
Lyondellbasell Industries N v   7.20 $ 35,931.000  Millions$ 4,988  Millions
Advansix Inc   7.12 $ 1,410.527  Millions$ 198  Millions
United States Steel Corp  7.00 $ 14,593.000  Millions$ 2,086  Millions
Bluelinx Holdings Inc   6.96 $ 2,459.000  Millions$ 353  Millions
Sylvamo Corporation  6.90 $ 2,835.000  Millions$ 411  Millions
Boise Cascade Company  6.90 $ 5,433.900  Millions$ 788  Millions
Quanex Building Products Corporation  6.77 $ 972.238  Millions$ 144  Millions
Olin Corporation  6.76 $ 5,720.100  Millions$ 846  Millions
Tredegar Corporation  6.75 $ 584.164  Millions$ 87  Millions
Mueller Industries Inc  6.72 $ 2,592.545  Millions$ 386  Millions
Kimberly clark Corporation  6.69 $ 12,858.000  Millions$ 1,921  Millions
Ball Corporation  6.66 $ 9,769.000  Millions$ 1,467  Millions
Rayonier Advanced Materials Inc   6.59 $ 1,474.297  Millions$ 224  Millions
Codexis inc   6.55 $ 15.495  Millions$ 2  Millions
Cactus inc   6.51 $ 1,067.683  Millions$ 164  Millions
Knife River Corporation  6.50 $ 2,320.485  Millions$ 357  Millions
United States Lime and Minerals Inc  6.47 $ 170.103  Millions$ 26  Millions
Gms inc   6.46 $ 3,821.258  Millions$ 591  Millions
Avery Dennison Corporation  6.34 $ 6,162.000  Millions$ 972  Millions
Jeld wen Holding Inc   6.31 $ 3,062.451  Millions$ 485  Millions
Packaging Corp Of America  6.28 $ 6,451.800  Millions$ 1,027  Millions
Commercial Metals Company  6.22 $ 6,567.287  Millions$ 1,057  Millions

Date modified: 2026-09-12T06:19:56+00:00




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