CSIMarket
 
Purple Innovation Inc   (PRPL)
Other Ticker:  
 
 

Purple Innovation Inc Inventory Turnover Ratio (COS)

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

Purple Innovation Inc 's inventory turnover ratio, the ratio that measures Purple Innovation Inc 's ability to manage its supply chain, sequentially decreased to 3.95 in the second quarter 2023, which does not come as a surprise, as the Purple Innovation Inc continue to experience headwinds, which also impact its supply chain. Purple Innovation Inc 's average inventory processing period in the Jun 30 2023 quarter, has increased to 92 days, from 91 days, in the Mar 31 2023 quarter.

Within Consumer Discretionary sector 57 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 737 in the first quarter 2023, to 742.

PRPL Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Purple Innovation Inc Market Share?

What is Inventory Turnover Ratio?


PRPL Inventory Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Inventory Growth -7.64 % -17.15 % -25.83 % 8.74 % 31.01 %
Y / Y Cost of Sales Growth -13.53 % -27.75 % -22.47 % -23.55 % -5.55 %
Inventory Turnover Ratio (TTM) 3.95 4.03 4.11 4.12 4.48
PRPL's Total Ranking # 742 # 737 # 1005 # 795 # 827
Average inventory processing period 92 91 89 89 81
Seq. Inventory Growth -10.58 % 19.79 % -19.91 % 7.67 % -19.79 %
Seq. Cost of Sales Growth 24.58 % -29.92 % 12.55 % -11.99 % 4.09 %



Inventory Turnover Ratio Company Ranking
Within: No.
Furniture & Fixtures Industry # 6
Consumer Discretionary Sector # 58
Overall Market # 742

Inventory Turnover Ratio Statistics
High Average Low
8.43 6.03 3.95
(Sep 30 2019)   (Jun 30 2023)




Financial Statements
Purple Innovation Inc 's Inventories $ 78 Millions Visit PRPL's Balance sheet
Purple Innovation Inc 's Cost of Revenues TTM $ 327 Millions Visit PRPL's Income Statement
What are PRPL's Sales? Visit PRPL's Sales by Segment

Other Inventory Turnover Ratios
Purple Innovation Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Furniture & Fixtures Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
PRPL's Inventory Turnover Ratio versus Furniture & Fixtures Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for PRPL's Competitors
Inventory Turnover Ratio for PRPL's Suppliers
Inventory Turnover Ratio for PRPL's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2023 Inventories at quarter ending Jun 30 2023
American Axle and Manufacturing Holdings Inc  11.46 $ 5,308.600  Millions$ 463  Millions
Garrett Motion Inc   10.61 $ 3,094.000  Millions$ 292  Millions
Visteon Corporation  10.49 $ 3,608.000  Millions$ 344  Millions
Ford Motor Co  9.13 $ 144,310.000  Millions$ 15,802  Millions
Luminar Technologies Inc   8.98 $ 119.370  Millions$ 13  Millions
Graybar Electric Company Inc   8.92 $ 8,708.900  Millions$ 977  Millions
General Motors Company  8.14 $ 137,157.000  Millions$ 16,851  Millions
Shyft Group Inc   8.14 $ 858.564  Millions$ 105  Millions
Otis Worldwide Corporation  7.82 $ 4,894.000  Millions$ 626  Millions
Borgwarner Inc   7.77 $ 13,611.000  Millions$ 1,751  Millions
Superior Industries International Inc   7.54 $ 1,402.059  Millions$ 186  Millions
Sleep Number Corporation  7.49 $ 872.561  Millions$ 116  Millions
Cintas Corporation  7.17 $ 3,632.175  Millions$ 507  Millions
Aptiv Plc  6.75 $ 16,042.000  Millions$ 2,378  Millions
Whirlpool Corp  6.62 $ 16,244.000  Millions$ 2,452  Millions
Jakks Pacific Inc   6.59 $ 525.452  Millions$ 80  Millions
Commercial Vehicle Group Inc   6.36 $ 897.587  Millions$ 141  Millions
Allison Transmission Holdings Inc   6.29 $ 1,544.000  Millions$ 246  Millions
Modine Manufacturing Co  6.25 $ 1,978.200  Millions$ 316  Millions
Strattec Security Corp  6.20 $ 450.000  Millions$ 73  Millions
Arrow Electronics Inc   5.85 $ 31,267.621  Millions$ 5,345  Millions
Dana Inc   5.76 $ 9,599.000  Millions$ 1,667  Millions
Wesco International Inc   5.74 $ 20,526.104  Millions$ 3,576  Millions
Tesla Inc   5.69 $ 73,825.000  Millions$ 12,974  Millions
Carter s Inc  5.26 $ 3,868.610  Millions$ 735  Millions
Steven Madden Ltd   5.22 $ 1,123.287  Millions$ 215  Millions
Surge Components Inc   5.15 $ 32.328  Millions$ 6  Millions
Acuity Brands Inc   5.13 $ 2,319.100  Millions$ 452  Millions
Tempur Sealy International Inc   5.11 $ 2,875.600  Millions$ 563  Millions
Lsi Industries Inc   5.05 $ 360.003  Millions$ 71  Millions

Date modified: 2023-08-11T03:18:51+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