CSIMarket
 
Nobility Homes Inc   (NOBH)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 

Nobility Homes Inc Inventory Turnover Ratio (COS)

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

Nobility Homes Inc 's inventory turnover ratio, the ratio that measures Nobility Homes Inc 's ability to manage its supply chain, sequentially decreased to 1.85 in the third quarter 2023, which does not come as a surprise, as the Nobility Homes Inc continue to experience headwinds, which also impact its supply chain. Nobility Homes Inc 's average inventory processing period in the Aug 05 2023 quarter, has increased to 197 days, from 190 days, in the May 06 2023 quarter.

Within Capital Goods sector 166 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1567 in the second quarter 2023, to 1604.

NOBH Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Nobility Homes Inc Market Share?

What is Inventory Turnover Ratio?


NOBH Inventory Turnover Ratio (Aug 05 2023)
III. Quarter
(May 06 2023)
II. Quarter
(Feb 04 2023)
I. Quarter
(Nov 05 2022)
IV. Quarter
(Aug 06 2022)
III. Quarter
Y / Y Inventory Growth 11.57 % 45.82 % 113.89 % 119.11 % 116.2 %
Y / Y Cost of Sales Growth -4.1 % 42.02 % 39.77 % 64.65 % 7.37 %
Inventory Turnover Ratio (TTM) 1.85 1.92 1.93 2.09 2.24
NOBH's Total Ranking # 1604 # 1567 # 1579 # 1692 # 1507
Average inventory processing period 197 190 189 175 163
Seq. Inventory Growth -2.51 % 0.05 % 2.39 % 11.72 % 27.42 %
Seq. Cost of Sales Growth -11.88 % -4.13 % 2.98 % 10.23 % 30.51 %



Inventory Turnover Ratio Company Ranking
Within: No.
Construction Services Industry # 22
Capital Goods Sector # 167
Overall Market # 1604

Inventory Turnover Ratio Statistics
High Average Low
4.62 3.19 1.85
(May 04 2019)   (Aug 05 2023)




Financial Statements
Nobility Homes Inc 's Inventories $ 23 Millions Visit NOBH's Balance sheet
Nobility Homes Inc 's Cost of Revenues TTM $ 43 Millions Visit NOBH's Income Statement
What are NOBH's Sales? Visit NOBH's Sales by Segment

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

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



Companies with similar Inventory Turnover Ratio for the quarter ending Aug 05 2023, within Capital Goods Sector Inventory Turnover Ratio Cost of revenues at quarter ending Aug 05 2023 Inventories at quarter ending Aug 05 2023
Vontier Corporation  5.02 $ 1,760.800  Millions$ 351  Millions
Atkore Inc   4.99 $ 2,225.027  Millions$ 446  Millions
Championx Corp  4.93 $ 2,837.636  Millions$ 576  Millions
Donaldson Company Inc   4.88 $ 2,270.000  Millions$ 465  Millions
Marine Products Corporation  4.70 $ 333.639  Millions$ 71  Millions
Illinois Tool Works Inc  4.69 $ 9,365.000  Millions$ 1,996  Millions
Nvent Electric Plc  4.64 $ 1,813.700  Millions$ 391  Millions
Sunworks Inc   4.45 $ 102.897  Millions$ 23  Millions
Cnh Industrial N v   4.41 $ 24,871.000  Millions$ 5,642  Millions
Standex International Corp  4.35 $ 455.000  Millions$ 105  Millions
Hollysys Automation Technologies Ltd   4.25 $ 474.000  Millions$ 112  Millions
Lennox International Inc  4.20 $ 3,415.700  Millions$ 814  Millions
Xylem Inc   4.14 $ 3,762.000  Millions$ 909  Millions
John Bean Technologies Corporation  4.12 $ 1,297.400  Millions$ 315  Millions
Deere and Co  4.09 $ 38,502.000  Millions$ 9,404  Millions
Eaton Corporation Plc  4.09 $ 14,437.000  Millions$ 3,533  Millions
Trane Technologies Plc  4.08 $ 8,819.100  Millions$ 2,161  Millions
Hyster yale Materials Handling Inc   4.07 $ 3,309.300  Millions$ 813  Millions
Lincoln Electric Holdings Inc  3.97 $ 2,619.000  Millions$ 659  Millions
Esab Corporation  3.96 $ 1,741.368  Millions$ 440  Millions
Woodward Inc   3.94 $ 2,152.569  Millions$ 547  Millions
Dover Corp  3.90 $ 5,431.647  Millions$ 1,394  Millions
Itt Inc   3.88 $ 2,136.400  Millions$ 550  Millions
Idex Corp  3.86 $ 1,838.300  Millions$ 477  Millions
Nvr Inc   3.78 $ 7,422.235  Millions$ 1,961  Millions
Spx Technologies Inc   3.78 $ 1,014.100  Millions$ 269  Millions
Terex Corporation  3.77 $ 3,931.700  Millions$ 1,044  Millions
Cbak Energy Technology Inc   3.76 $ 182.963  Millions$ 49  Millions
Legacy Housing Corporation  3.75 $ 137.645  Millions$ 37  Millions
Aaon Inc   3.70 $ 730.870  Millions$ 198  Millions

Date modified: 2023-09-20T08:28:48+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com