Splash Beverage Group Inc 's inventory turnover ratio, the ratio that measures Splash Beverage Group Inc 's ability to manage its supply chain, sequentially decreased to
4.02 in the second quarter 2024, which does not come as a surprise, as the Splash Beverage Group Inc continue to experience headwinds, which also impact its supply chain. Splash Beverage Group Inc 's average inventory processing period in the Jun 30 2024 quarter, has increased to 91 days, from 87 days, in the Mar 31 2024 quarter.
Within
Consumer Non Cyclical sector 84 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 654 in the first quarter 2024, to 785.
SBEV Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Splash Beverage Group Inc Market Share?
What is Inventory Turnover Ratio?