Shift Technologies Inc (SFT) Inventory Turnover Ratio, from second quarter 2023 to second quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Shift Technologies Inc   (NASDAQ: SFT)
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail
 

Shift Technologies Inc Inventory Turnover Ratio (COS)

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

Shift Technologies Inc inventory turnover ratio, the Shift Technologies Inc 's ability to sell and replace its inventory in the second quarter 2023, sequentially increased to 8.66 in the second quarter 2023, a new company high. Average inventory processing period, for the Shift Technologies Inc in Jun 30 2023 quarter, has decreased to 42 days, compare to 49 days, in the Mar 31 2023 quarter.

Within Retail sector 41 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Second Quarter 2023 compared to previous quarter at no. 494.

SFT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Shift Technologies Inc Market Share?

What is Inventory Turnover Ratio?




SFT Inventory Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Inventory Growth -82.42 % -78.78 % -66.66 % -45.25 % 11.53 %
Y / Y Cost of Sales Growth -79.23 % -75.6 % -65.6 % -3.23 % 52.94 %
Inventory Turnover Ratio (TTM) 8.66 7.5 6.68 6.54 6.07
SFT's Total Ranking # 494 # 494 # 636 # 611 # 661
Average inventory processing period 42 49 55 56 60
Seq. Inventory Growth -29.43 % -16.87 % -15.9 % -64.37 % -14.82 %
Seq. Cost of Sales Growth -13.63 % -19.54 % -60.79 % -23.79 % 1.47 %




Inventory Turnover Ratio Company Ranking
Within: No.
Automotive Aftermarket Industry # 8
Retail Sector # 42
Overall Market # 494

Inventory Turnover Ratio Statistics
High Average Low
8.66 5.81 2.8
(Jun 30 2023)   (Dec 31 2020)




Financial Statements
Shift Technologies Inc 's Inventories $ 24 Millions Visit SFT's Balance sheet
Shift Technologies Inc 's Cost of Revenues TTM $ 320 Millions Visit SFT's Income Statement
What are SFT's Sales? Visit SFT's Sales by Segment

Other Inventory Turnover Ratios
Shift Technologies Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Automotive Aftermarket Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SFT's Inventory Turnover Ratio versus Automotive Aftermarket Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SFT's Competitors
Inventory Turnover Ratio for SFT's Suppliers
Inventory Turnover Ratio for SFT's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2023, within Retail Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2023 Inventories at quarter ending Jun 30 2023
Domino s Pizza Inc   36.07 $ 2,606.511  Millions$ 72  Millions
Village Super Market Inc   33.10 $ 1,550.000  Millions$ 47  Millions
Copart Inc   31.81 $ 1,518.029  Millions$ 48  Millions
Casey s General Stores Inc   28.63 $ 11,318.877  Millions$ 395  Millions
Insight Enterprises Inc   28.13 $ 8,064.427  Millions$ 287  Millions
Cdw Corp  21.55 $ 17,697.800  Millions$ 821  Millions
Publix Super Markets Inc   18.05 $ 41,801.851  Millions$ 2,316  Millions
Us Foods Holding Corp   17.79 $ 29,057.000  Millions$ 1,633  Millions
Cvs Health Corporation  15.68 $ 285,038.000  Millions$ 18,176  Millions
Star Group L p   15.42 $ 1,236.944  Millions$ 80  Millions
Performance Food Group Company  15.32 $ 50,999.000  Millions$ 3,329  Millions
Amcon Distributing Co  15.20 $ 2,329.826  Millions$ 153  Millions
Spartannash Company  14.26 $ 8,332.601  Millions$ 584  Millions
Mckesson Corporation  13.46 $ 271,683.000  Millions$ 20,184  Millions
Sprouts Farmers Market Inc   13.43 $ 4,159.086  Millions$ 310  Millions
Blue Apron Holdings Inc   13.39 $ 282.540  Millions$ 21  Millions
Kroger Co  12.88 $ 124,670.000  Millions$ 9,683  Millions
Walgreens Boots Alliance Inc   12.61 $ 109,101.000  Millions$ 8,649  Millions
Pc Connection Inc   12.59 $ 2,458.192  Millions$ 195  Millions
Cardinal Health Inc   12.37 $ 198,123.000  Millions$ 16,022  Millions
Albertsons Companies Inc   11.98 $ 56,516.000  Millions$ 4,719  Millions
Asbury Automotive Group Inc   11.80 $ 11,981.400  Millions$ 1,016  Millions
Chewy Inc   10.97 $ 7,742.533  Millions$ 706  Millions
Cosmos Health Inc   10.80 $ 44.657  Millions$ 4  Millions
Bj s Wholesale Club Holdings Inc   10.64 $ 15,843.947  Millions$ 1,489  Millions
Coupang Inc   10.55 $ 16,610.138  Millions$ 1,574  Millions
United Natural Foods inc   10.43 $ 26,141.000  Millions$ 2,506  Millions
Suburban Propane Partners Lp  10.13 $ 660.531  Millions$ 65  Millions
Autonation Inc   9.90 $ 21,448.200  Millions$ 2,167  Millions
Rite Aid Corp  9.64 $ 18,944.741  Millions$ 1,965  Millions

Date modified: 2026-08-29T17:42:39+00:00




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