Otter Tail's inventory turnover ratio, the ratio that measures Otter Tail's ability to manage its supply chain, sequentially decreased to
3.32 in the third quarter 2024, which does not come as a surprise, as the Otter Tail continue to experience headwinds, which also impact its supply chain. Otter Tail's average inventory processing period in the Sep 30 2024 quarter, has increased to 110 days, from 106 days, in the Jun 30 2024 quarter.
Within
Utilities sector 56 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to
591, from total ranking in the second quarter 2024 at
750.
OTTR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Otter Tail Corporation Market Share?
What is Inventory Turnover Ratio?