Nutri System Inc (NTRI) Inventory Turnover Ratio, from fourth quarter 2018 to fourth quarter 2017, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics
Due to inventory build up in the fourth quarter 2018, Nutri System Inc's inventory turnover ratio sequentially decreased to 8.46 in the fourth quarter 2018, unsurprisingly, as the Nutri System Inc markets continue to deteriorate, and NTRI's faces growing challenges to bring down its inventories. Nutri System Inc's average inventory processing period in the Dec 31 2018 quarter, has increased to 43 days, from 42 days, in the Sep 30 2018 quarter.
Within Retail sector 59 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 637 in the third quarter 2018, to 647.
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
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
