Rite Aid (RAD) Inventory Turnover Ratio, from second quarter 2024 to second quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Rite Aid Corp  (RAD)
 

Rite Aid Inventory Turnover Ratio (COS)

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

Due to inventory build up in the second quarter 2024, Rite Aid's inventory turnover ratio sequentially decreased to 9.58 in the second quarter 2023, otherwise the ratio remained above the average, as RAD's markets remain strong.Average processing period, for Rite Aid's inventories remained unchanged at 38 days, in the Sep 02 2023 quarter.

Within Retail sector 33 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 7 in the first quarter 2024, to 12.

RAD Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Rite Aid Corp Market Share?

What is Inventory Turnover Ratio?




RAD Inventory Turnover Ratio (Sep 02 2023)
II. Quarter
(Jun 03 2023)
I. Quarter
(Mar 04 2023)
IV. Quarter
(Nov 26 2022)
III. Quarter
(Aug 27 2022)
II. Quarter
Y / Y Inventory Growth -1.6 % -1.23 % -2.99 % 1.62 % 7.1 %
Y / Y Cost of Sales Growth -4.13 % -7.12 % 0.41 % -0.3 % -2.48 %
Inventory Turnover Ratio (TTM) 9.58 9.64 9.79 9.7 9.75
RAD's Total Ranking # 12 # 7 # 303 # 435 # 433
Average inventory processing period 38 38 37 38 37
Seq. Inventory Growth 2.23 % 2.61 % -4.07 % -2.22 % 2.61 %
Seq. Cost of Sales Growth 1.7 % -7.62 % -0.73 % 2.8 % -1.48 %




Inventory Turnover Ratio Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 5
Retail Sector # 34
Overall Market # 12

Inventory Turnover Ratio Statistics
High Average Low
10.27 8.45 5.59
(Nov 27 2021)   (Nov 30 2013)




Financial Statements
Rite Aid's Inventories $ 1,994 Millions Visit RAD's Balance sheet
Rite Aid's Cost of Revenues TTM $ 18,749 Millions Visit RAD's Income Statement
What are RAD's Sales? Visit RAD's Sales by Segment

Other Inventory Turnover Ratios
Rite Aid's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Pharmacy Services & Retail Drugstore Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
RAD's Inventory Turnover Ratio versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for RAD's Competitors
Inventory Turnover Ratio for RAD's Suppliers
Inventory Turnover Ratio for RAD's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 02 2023, within Retail Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 02 2023 Inventories at quarter ending Sep 02 2023
Cdw Corp  22.25 $ 17,115.500  Millions$ 769  Millions
Blue Apron Holdings Inc   19.53 $ 270.480  Millions$ 14  Millions
Us Foods Holding Corp   18.36 $ 29,164.000  Millions$ 1,589  Millions
Publix Super Markets Inc   17.85 $ 42,446.520  Millions$ 2,378  Millions
Star Group L p   16.41 $ 1,205.230  Millions$ 73  Millions
Cvs Health Corporation  16.17 $ 293,441.000  Millions$ 18,150  Millions
Performance Food Group Company  15.15 $ 51,130.000  Millions$ 3,375  Millions
Amcon Distributing Co  14.87 $ 2,369.000  Millions$ 159  Millions
Spartannash Company  14.48 $ 8,303.601  Millions$ 573  Millions
Mckesson Corporation  13.47 $ 278,767.000  Millions$ 20,701  Millions
Sprouts Farmers Market Inc   13.45 $ 4,239.086  Millions$ 315  Millions
Pc Connection Inc   13.41 $ 2,380.126  Millions$ 177  Millions
Costco Wholesale Corp  13.19 $ 228,969.000  Millions$ 17,363  Millions
Walgreens Boots Alliance Inc   12.99 $ 112,009.000  Millions$ 8,625  Millions
Cardinal Health Inc   12.47 $ 203,129.000  Millions$ 16,296  Millions
Kroger Co  11.97 $ 116,193.000  Millions$ 9,709  Millions
Albertsons Companies Inc   11.86 $ 56,851.000  Millions$ 4,794  Millions
Weis Markets inc  11.70 $ 3,508.466  Millions$ 300  Millions
Chewy Inc   11.04 $ 7,887.588  Millions$ 714  Millions
Coupang Inc   10.63 $ 17,360.460  Millions$ 1,632  Millions
Asbury Automotive Group Inc   10.60 $ 11,876.000  Millions$ 1,120  Millions
United Natural Foods inc   10.58 $ 26,227.000  Millions$ 2,479  Millions
Bj s Wholesale Club Holdings Inc   10.44 $ 15,957.971  Millions$ 1,528  Millions
Cosmos Health Inc   9.95 $ 46.034  Millions$ 5  Millions
America s Car mart Inc   9.89 $ 1,126.426  Millions$ 114  Millions
Rite Aid Corp  9.58 $ 18,748.652  Millions$ 1,957  Millions
Ingles Markets Incorporated  9.37 $ 4,487.867  Millions$ 479  Millions
Ferrellgas Partners L P  9.27 $ 962.456  Millions$ 104  Millions
Suburban Propane Partners Lp  9.23 $ 590.131  Millions$ 64  Millions
Autonation Inc   9.17 $ 21,693.100  Millions$ 2,366  Millions

Date modified: 2026-08-30T14:38:02+00:00




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