Superior Drilling Products Inc (SDPI) Inventory Turnover Ratio, from first quarter 2024 to first quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Superior Drilling Products Inc   (NYSE: SDPI)
 

Superior Drilling Products Inc Inventory Turnover Ratio (COS)

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

Superior Drilling Products Inc 's inventory turnover ratio, the ratio that measures Superior Drilling Products Inc 's ability to manage its supply chain, sequentially decreased to 2.81 in the first quarter 2024, which does not come as a surprise, as the Superior Drilling Products Inc continue to experience headwinds, which also impact its supply chain. Superior Drilling Products Inc 's average inventory processing period in the Mar 31 2024 quarter, has increased to 130 days, from 126 days, in the Dec 31 2023 quarter.

Within Basic Materials sector 181 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 792 in the fourth quarter 2023, to 858.

SDPI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Superior Drilling Products Inc Market Share?

What is Inventory Turnover Ratio?



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SDPI Inventory Turnover Ratio (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter
Y / Y Inventory Growth 19.87 % 30.04 % 98.33 % 137.97 % 119.54 %
Y / Y Cost of Sales Growth 2.97 % -12.46 % -10.17 % -4.86 % 26.62 %
Inventory Turnover Ratio (TTM) 2.81 2.89 3.17 3.82 4.84
SDPI's Total Ranking # 858 # 792 # 1021 # 826 # 659
Average inventory processing period 130 126 115 96 75
Seq. Inventory Growth -0.4 % -15.92 % 2.11 % 40.18 % 8.05 %
Seq. Cost of Sales Growth 18.82 % -3.19 % -0.47 % -10.07 % 1.01 %




Inventory Turnover Ratio Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 35
Basic Materials Sector # 182
Overall Market # 858

Inventory Turnover Ratio Statistics
High Average Low
8 5.12 2.81
(Mar 31 2020)   (Mar 31 2024)



SDPI Company Profile >> Back to SDPI Efficiency Comparisons >> Compare SDPI Inventory Turnover Ratio to its Competitors

Financial Statements
Superior Drilling Products Inc 's Inventories $ 3 Millions Visit SDPI's Balance sheet
Superior Drilling Products Inc 's Cost of Revenues TTM $ 8 Millions Visit SDPI's Income Statement
What are SDPI's Sales? Visit SDPI's Sales by Segment

Other Inventory Turnover Ratios
Superior Drilling Products Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Miscellaneous Fabricated Products Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SDPI's Inventory Turnover Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SDPI's Competitors
Inventory Turnover Ratio for SDPI's Suppliers
Inventory Turnover Ratio for SDPI's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Royal Gold Inc  8.37 $ 87.254  Millions$ 10  Millions
Linde Plc  8.25 $ 17,277.000  Millions$ 2,093  Millions
Quanex Building Products Corporation  8.19 $ 824.224  Millions$ 101  Millions
James Hardie Industries Plc  8.17 $ 2,347.000  Millions$ 287  Millions
Trinseo Plc  7.98 $ 3,416.200  Millions$ 428  Millions
Summit Materials Inc   7.98 $ 2,132.382  Millions$ 267  Millions
Quaker Chemical Corporation  7.83 $ 1,207.953  Millions$ 154  Millions
Trex Company Inc   7.68 $ 701.710  Millions$ 91  Millions
Boise Cascade Company  7.53 $ 5,486.115  Millions$ 728  Millions
Armstrong World Industries Inc   7.52 $ 801.900  Millions$ 107  Millions
Ufp Industries inc   7.43 $ 5,646.853  Millions$ 760  Millions
United States Lime and Minerals Inc  7.28 $ 175.103  Millions$ 24  Millions
Lyondellbasell Industries N v   7.25 $ 35,748.000  Millions$ 4,931  Millions
United States Antimony Corporation  7.21 $ 11.300  Millions$ 2  Millions
Gibraltar Industries Inc   7.21 $ 1,007.550  Millions$ 140  Millions
International Paper Company  7.15 $ 13,411.000  Millions$ 1,875  Millions
Bluelinx Holdings Inc   6.98 $ 2,543.000  Millions$ 365  Millions
Tredegar Corporation  6.95 $ 581.628  Millions$ 84  Millions
United States Steel Corp  6.80 $ 15,515.000  Millions$ 2,282  Millions
Fathom Digital Manufacturing Corporation  6.77 $ 91.775  Millions$ 14  Millions
Cactus inc   6.74 $ 1,083.253  Millions$ 161  Millions
Knife River Corporation  6.68 $ 2,310.706  Millions$ 346  Millions
Westrock Company  6.67 $ 16,016.800  Millions$ 2,400  Millions
Kimberly clark Corporation  6.60 $ 13,168.000  Millions$ 1,995  Millions
Rayonier Advanced Materials Inc   6.58 $ 1,476.750  Millions$ 224  Millions
Gms inc   6.48 $ 3,737.258  Millions$ 576  Millions
Sylvamo Corporation  6.47 $ 2,837.000  Millions$ 438  Millions
Ball Corporation  6.42 $ 10,797.000  Millions$ 1,682  Millions
Jeld wen Holding Inc   6.41 $ 3,266.451  Millions$ 510  Millions
Advansix Inc   6.40 $ 1,372.333  Millions$ 214  Millions

Date modified: 2026-09-08T15:11:16+00:00




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