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South Dakota Soybean Processors Llc  (SDSP)
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South Dakota Soybean Processors Llc Inventory Turnover Ratio (COS)

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

South Dakota Soybean Processors Llc inventory turnover ratio, the South Dakota Soybean Processors Llc's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 5.57 in the third quarter 2023, yet the ratio remained below the average, as SDSP's market remain challenging.Average inventory processing period, for the South Dakota Soybean Processors Llc in Sep 30 2023 quarter, has decreased to 66 days, compare to 71 days, in the Jun 30 2023 quarter.

Within Consumer Non Cyclical sector 62 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2023 compared to previous quarter at no. 757.

SDSP Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is South Dakota Soybean Processors Llc Market Share?

What is Inventory Turnover Ratio?


SDSP Inventory Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth -36.81 % -10.63 % 3.84 % 41.21 % 13.52 %
Y / Y Cost of Sales Growth -9.69 % 14.15 % -3.69 % 13.96 % 31.06 %
Inventory Turnover Ratio (TTM) 5.57 5.12 4.84 4.92 5.15
SDSP's Total Ranking # 757 # 757 # 757 # 832 # 779
Average inventory processing period 65 71 75 74 71
Seq. Inventory Growth -16.14 % -13.72 % -4.94 % -8.13 % 18.61 %
Seq. Cost of Sales Growth -9.3 % 16.79 % -14.27 % -0.55 % 14.64 %



Inventory Turnover Ratio Company Ranking
Within: No.
Agricultural Production Industry # 19
Consumer Non Cyclical Sector # 63
Overall Market # 757

Inventory Turnover Ratio Statistics
High Average Low
14.43 8.98 4.84
(June 30. 2015)   (Mar 31 2023)




Financial Statements
South Dakota Soybean Processors Llc's Inventories $ 92 Millions Visit SDSP's Balance sheet
South Dakota Soybean Processors Llc's Cost of Revenues TTM $ 647 Millions Visit SDSP's Income Statement
What are SDSP's Sales? Visit SDSP's Sales by Segment

Other Inventory Turnover Ratios
South Dakota Soybean Processors Llc's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Agricultural Production Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SDSP's Inventory Turnover Ratio versus Agricultural Production Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SDSP's Competitors
Inventory Turnover Ratio for SDSP's Suppliers
Inventory Turnover Ratio for SDSP's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Edible Garden Ag Incorporated  18.84 $ 12.429  Millions$ 1  Millions
Cea Industries Inc   17.47 $ 6.560  Millions$ 0  Millions
Flowers Foods Inc  14.70 $ 2,620.115  Millions$ 178  Millions
Hostess Brands inc   13.75 $ 901.210  Millions$ 66  Millions
Safety Shot Inc   13.10 $ 3.697  Millions$ 0  Millions
Steelcase Inc  12.48 $ 3,984.100  Millions$ 319  Millions
Chase General Corp  12.08 $ 2.011  Millions$ 0  Millions
Coca cola Consolidated Inc   12.06 $ 4,038.974  Millions$ 335  Millions
Lifeway Foods Inc   11.92 $ 112.996  Millions$ 9  Millions
The Andersons Inc   11.80 $ 15,516.928  Millions$ 1,315  Millions
Cf Industries Holdings inc   11.34 $ 4,368.000  Millions$ 385  Millions
Tootsie Roll Industries inc  11.29 $ 506.888  Millions$ 45  Millions
Chs Inc   10.52 $ 43,213.739  Millions$ 4,106  Millions
Mission Produce Inc   10.50 $ 870.000  Millions$ 83  Millions
Universal Corporation  10.46 $ 2,158.687  Millions$ 206  Millions
Vector Group Ltd  10.23 $ 974.532  Millions$ 95  Millions
Aquabounty Technologies Inc   9.96 $ 22.283  Millions$ 2  Millions
Lancaster Colony Corporation  9.43 $ 1,458.518  Millions$ 155  Millions
Tyson Foods Inc   9.21 $ 50,250.000  Millions$ 5,455  Millions
Primo Water Corp  8.39 $ 897.600  Millions$ 107  Millions
Vital Farms Inc   8.36 $ 294.917  Millions$ 35  Millions
Benson Hill Inc   8.18 $ 388.176  Millions$ 47  Millions
Utz Brands Inc   8.17 $ 981.877  Millions$ 120  Millions
National Beverage Corp   8.15 $ 759.765  Millions$ 93  Millions
Hormel Foods Corporation  8.11 $ 12,557.766  Millions$ 1,548  Millions
Pilgrim s Pride Corporation  7.98 $ 16,067.830  Millions$ 2,014  Millions
Freshpet Inc  7.95 $ 494.939  Millions$ 62  Millions
22nd Century Group inc   7.88 $ 100.093  Millions$ 13  Millions
The Boston Beer Company Inc   7.88 $ 1,192.442  Millions$ 151  Millions
Sovos Brands Inc  7.57 $ 695.160  Millions$ 92  Millions

Date modified: 2023-11-16T17:15:28+00:00



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