Novo Integrated Sciences Inc (NVOS) Inventory Turnover Ratio, from fourth quarter 2024 to fourth quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Novo Integrated Sciences Inc   (NVOS)
 

Novo Integrated Sciences Inc Inventory Turnover Ratio (COS)

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

Novo Integrated Sciences Inc inventory turnover ratio, the Novo Integrated Sciences Inc 's ability to sell and replace its inventory in the fourth quarter 2024, sequentially increased to 6.47 in the fourth quarter 2024, yet the ratio remained below the average, as NVOS's market remain challenging.Average inventory processing period, for the Novo Integrated Sciences Inc in Aug 31 2024 quarter, has decreased to 56 days, compare to 63 days, in the May 31 2024 quarter.

Within Consumer Discretionary sector 25 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the fourth quarter 2024 compared to previous quarter at no. 593.

NVOS Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Novo Integrated Sciences Inc Market Share?

What is Inventory Turnover Ratio?



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NVOS Inventory Turnover Ratio (Aug 31 2024)
IV. Quarter		 (May 31 2024)
III. Quarter		 (Feb 29 2024)
II. Quarter		 (Nov 30 2023)
I. Quarter		 (Aug 31 2023)
IV. Quarter
Y / Y Inventory Growth -9.6 % 18.44 % 2.4 % 25.81 % 25.93 %
Y / Y Cost of Sales Growth 26.31 % 100 % 0 % 0 % -79.59 %
Inventory Turnover Ratio (TTM) 6.47 5.75 5.04 5.07 5.4
NVOS's Total Ranking # 593 # 593 # 524 # 177 # 243
Average inventory processing period 56 64 72 72 68
Seq. Inventory Growth -10.01 % 17.39 % -25.45 % 14.8 % 17.9 %
Seq. Cost of Sales Growth 50 % 100 % 0 % -57.9 % 137.51 %




Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 15
Consumer Discretionary Sector # 26
Overall Market # 593

Inventory Turnover Ratio Statistics
High Average Low
45.95 18.92 5.04
(Aug 31 2022)   (Feb 29 2024)



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

Financial Statements
Novo Integrated Sciences Inc 's Inventories $ 1 Millions Visit NVOS's Balance sheet
Novo Integrated Sciences Inc 's Cost of Revenues TTM $ 7 Millions Visit NVOS's Income Statement
What are NVOS's Sales? Visit NVOS's Sales by Segment

Other Inventory Turnover Ratios
Novo Integrated Sciences Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Auto & Truck Parts Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NVOS's Inventory Turnover Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NVOS's Competitors
Inventory Turnover Ratio for NVOS's Suppliers
Inventory Turnover Ratio for NVOS's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Aug 31 2024, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Aug 31 2024 Inventories at quarter ending Aug 31 2024
Aeye Inc   19.11 $ 8.503  Millions$ 0  Millions
Adient Plc  17.43 $ 13,760.000  Millions$ 789  Millions
Cooper standard Holdings Inc   14.71 $ 2,458.000  Millions$ 167  Millions
Skyx Platforms Corp   14.46 $ 57.710  Millions$ 4  Millions
Lear Corp  12.51 $ 21,775.200  Millions$ 1,741  Millions
Dauch Corporation  11.54 $ 5,464.700  Millions$ 474  Millions
Garrett Motion Inc   10.67 $ 2,864.000  Millions$ 269  Millions
Visteon Corp  10.66 $ 3,390.000  Millions$ 318  Millions
Graybar Electric Company Inc   10.53 $ 9,164.500  Millions$ 870  Millions
U S Lighting Group Inc  10.26 $ 1.276  Millions$ 0  Millions
Perfect Moment Ltd   10.00 $ 33.312  Millions$ 3  Millions
Ford Motor Co  9.10 $ 158,121.000  Millions$ 17,373  Millions
Jakks Pacific Inc   8.92 $ 476.953  Millions$ 53  Millions
Luminar Technologies Inc   8.88 $ 133.867  Millions$ 15  Millions
Cintas Corporation  8.82 $ 3,898.651  Millions$ 442  Millions
Autoliv Inc   8.75 $ 8,619.000  Millions$ 986  Millions
General Motors Company  8.60 $ 148,227.000  Millions$ 17,231  Millions
Masterbrand Inc   8.57 $ 2,285.100  Millions$ 267  Millions
Superior Industries International Inc   7.97 $ 1,169.612  Millions$ 147  Millions
Borgwarner Inc   7.69 $ 10,260.000  Millions$ 1,334  Millions
Otis Worldwide Corporation  7.47 $ 4,546.000  Millions$ 609  Millions
Strattec Security Corp  7.36 $ 592.000  Millions$ 80  Millions
Sleep Number Corporation  7.05 $ 714.000  Millions$ 101  Millions
Aptiv Plc  6.65 $ 16,054.000  Millions$ 2,414  Millions
Novo Integrated Sciences Inc   6.47 $ 7.000  Millions$ 1  Millions
Whirlpool Corp  6.45 $ 14,857.000  Millions$ 2,304  Millions
Commercial Vehicle Group Inc   5.90 $ 765.500  Millions$ 130  Millions
Dana Incorporated  5.76 $ 9,535.000  Millions$ 1,654  Millions
Allison Transmission Holdings Inc   5.62 $ 1,677.000  Millions$ 299  Millions
Phinia Inc   5.59 $ 2,699.000  Millions$ 483  Millions

Date modified: 2026-06-22T14:32:40+00:00




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