Romeo Power (RMO) Inventory Turnover Ratio, from second quarter 2022 to second quarter 2021, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket
 
Romeo Power Inc.  (NYSE: RMO)
 

Romeo Power Inventory Turnover Ratio (COS)

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

Due to inventory build up in the second quarter 2022, Romeo Power's inventory turnover ratio sequentially decreased to 2.31 in the second quarter 2022, unsurprisingly, as the Romeo Power markets continue to deteriorate, and RMO's faces growing challenges to bring down its inventories. Romeo Power's average inventory processing period in the Jun 30 2022 quarter, has increased to 158 days, from 137 days, in the Mar 31 2022 quarter.

Within Consumer Discretionary sector 122 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1607 in the first quarter 2022, to 1622.

RMO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Romeo Power Inc. Market Share?

What is Inventory Turnover Ratio?




RMO Inventory Turnover Ratio (Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
Y / Y Inventory Growth 496.15 % 499.91 % 651.97 % - -
Y / Y Cost of Sales Growth 231.34 % 506.03 % 67.2 % 482.91 % 145.36 %
Inventory Turnover Ratio (TTM) 2.31 2.66 2.32 3.74 4.97
RMO's Total Ranking # 1622 # 1607 # 1622 # 1607 # 0
Average inventory processing period 158 137 157 97 73
Seq. Inventory Growth 33.02 % -8.07 % 143.35 % 100.34 % 33.85 %
Seq. Cost of Sales Growth -32.66 % 72.98 % 61.53 % 76.1 % 23.16 %




Inventory Turnover Ratio Company Ranking
Within: No.
Auto & Truck Parts Industry # 36
Consumer Discretionary Sector # 123
Overall Market # 1622

Inventory Turnover Ratio Statistics
High Average Low
3.74 2.76 2.31
(Sep 30 2021)   (Jun 30 2022)




Financial Statements
Romeo Power's Inventories $ 45 Millions Visit RMO's Balance sheet
Romeo Power's Cost of Revenues TTM $ 76 Millions Visit RMO's Income Statement
What are RMO's Sales? Visit RMO's Sales by Segment

Other Inventory Turnover Ratios
Romeo Power'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
RMO'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 RMO's Competitors
Inventory Turnover Ratio for RMO's Suppliers
Inventory Turnover Ratio for RMO's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2022, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2022 Inventories at quarter ending Jun 30 2022
Jerash Holdings Us Inc  4.61 $ 118.580  Millions$ 26  Millions
Funko Inc   4.59 $ 805.939  Millions$ 176  Millions
Oshkosh Corporation  4.58 $ 6,951.200  Millions$ 1,519  Millions
Rivian Automotive Inc   4.51 $ 1,748.000  Millions$ 387  Millions
Gentherm Incorporated  4.48 $ 759.743  Millions$ 169  Millions
Purple Innovation Inc   4.48 $ 418.299  Millions$ 93  Millions
Empery Digital Inc   4.40 $ 11.890  Millions$ 3  Millions
Applied Uv Inc   4.21 $ 11.649  Millions$ 3  Millions
Leggett and Platt Inc  4.21 $ 4,251.400  Millions$ 1,009  Millions
Cummins Inc   4.17 $ 18,800.000  Millions$ 4,507  Millions
Federal Signal Corporation  4.16 $ 992.800  Millions$ 239  Millions
The Goodyear Tire and Rubber Company  4.14 $ 16,001.000  Millions$ 3,863  Millions
Orion Energy Systems Inc   4.11 $ 79.952  Millions$ 19  Millions
Oxford Industries Inc   4.07 $ 475.123  Millions$ 117  Millions
Lci Industries  3.97 $ 4,142.462  Millions$ 1,044  Millions
Culp Inc  3.95 $ 246.674  Millions$ 63  Millions
Chase Corporation  3.93 $ 196.458  Millions$ 50  Millions
Emerson Electric Co   3.80 $ 8,386.000  Millions$ 2,205  Millions
Rev Group Inc   3.78 $ 2,052.000  Millions$ 543  Millions
Brunswick Corporation  3.77 $ 4,582.300  Millions$ 1,217  Millions
Horizon Global Corp  3.74 $ 627.230  Millions$ 168  Millions
Crocs inc   3.72 $ 1,242.797  Millions$ 334  Millions
Te Connectivity plc  3.72 $ 10,582.000  Millions$ 2,846  Millions
Fox Factory Holding Corp   3.59 $ 1,033.772  Millions$ 288  Millions
Williams sonoma Inc   3.52 $ 4,799.253  Millions$ 1,364  Millions
The Toro Company  3.52 $ 2,908.196  Millions$ 827  Millions
Ever glory International Group Inc   3.51 $ 230.288  Millions$ 66  Millions
V F Corporation  3.48 $ 5,473.824  Millions$ 1,572  Millions
Mohawk Industries Inc   3.42 $ 8,494.996  Millions$ 2,487  Millions
Under Armour Inc   3.41 $ 2,925.341  Millions$ 857  Millions

Date modified: 2026-09-08T15:10:41+00:00




Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

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.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.