Shengda Network Technology Inc (SOLQ) Inventory Turnover Ratio, from first quarter 2023 to first quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Shengda Network Technology Inc   (SOLQ)
 

Shengda Network Technology Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2023, Shengda Network Technology Inc 's inventory turnover ratio sequentially decreased to 15.53 in the first quarter 2022, otherwise the ratio remained above the average, as SOLQ's markets remain strong.Shengda Network Technology Inc 's average inventory processing period in the Sep 30 2022 quarter, has increased to 24 days, from 20 days, in the Jun 30 2022 quarter.

Within Technology sector Shengda Network Technology Inc achieved the highest inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2023 compared to previous quarter at no. .

SOLQ Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Shengda Network Technology Inc Market Share?

What is Inventory Turnover Ratio?




SOLQ Inventory Turnover Ratio (Sep 30 2022)
I. Quarter
(Jun 30 2022)
IV. Quarter
(Mar 31 2022)
III. Quarter
(Dec 31 2021)
II. Quarter
(Sep 30 2021)
I. Quarter
Y / Y Inventory Growth - - - - -
Y / Y Cost of Sales Growth 238.41 % -85.17 % 96.44 % -74.46 % -83.09 %
Inventory Turnover Ratio (TTM) 15.53 18.02 - 50.99 -
SOLQ's Total Ranking # # # # #
Average inventory processing period 24 20 - 7 -
Seq. Inventory Growth 465.86 % - - - -
Seq. Cost of Sales Growth 130.58 % -20.31 % 135.34 % -21.74 % -89.9 %




Inventory Turnover Ratio Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry #
Technology Sector #
Overall Market #

Inventory Turnover Ratio Statistics
High Average Low
0 0 0
 




Financial Statements
Shengda Network Technology Inc 's Inventories $ 1 Millions Visit SOLQ's Balance sheet
Shengda Network Technology Inc 's Cost of Revenues TTM $ 5 Millions Visit SOLQ's Income Statement
What are SOLQ's Sales? Visit SOLQ's Sales by Segment

Other Inventory Turnover Ratios
Shengda Network Technology Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Cloud Computing & Data Analytics Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SOLQ's Inventory Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SOLQ's Competitors
Inventory Turnover Ratio for SOLQ's Suppliers
Inventory Turnover Ratio for SOLQ's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2022, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2022 Inventories at quarter ending Sep 30 2022
Track Group Inc   24.73 $ 19.616  Millions$ 1  Millions
Avaya Holdings Corp   23.70 $ 1,321.000  Millions$ 56  Millions
Pitney Bowes Inc  22.19 $ 1,880.842  Millions$ 85  Millions
Nxp Semiconductors N v   22.11 $ 5,599.000  Millions$ 253  Millions
Franklin Covey Co   20.57 $ 60.929  Millions$ 3  Millions
Ftc Solar Inc   19.07 $ 232.449  Millions$ 12  Millions
Microsoft Corporation  18.49 $ 64,456.000  Millions$ 3,486  Millions
Duos Technologies Group Inc   18.27 $ 9.572  Millions$ 1  Millions
Great Elm Group Inc   17.38 $ 17.075  Millions$ 1  Millions
Isun Inc   17.14 $ 61.471  Millions$ 4  Millions
Where Food Comes From Inc   16.70 $ 13.913  Millions$ 1  Millions
Pixelworks Inc  16.66 $ 34.064  Millions$ 2  Millions
Matterport Inc   14.69 $ 106.174  Millions$ 7  Millions
Skywater Technology Inc   14.16 $ 193.593  Millions$ 14  Millions
Dell Technologies Inc   13.92 $ 84,337.000  Millions$ 6,058  Millions
Neogenomics Inc   13.80 $ 320.427  Millions$ 23  Millions
Darkpulse Inc   13.71 $ 16.037  Millions$ 1  Millions
F5 Inc   13.42 $ 539.627  Millions$ 40  Millions
Netapp Inc   13.20 $ 2,795.000  Millions$ 212  Millions
Birchtech Corp   13.16 $ 12.528  Millions$ 1  Millions
Mix Telematics Limited  12.62 $ 53.196  Millions$ 4  Millions
Ttm Technologies Inc   12.00 $ 2,040.819  Millions$ 170  Millions
Dna X Inc   11.91 $ 54.437  Millions$ 5  Millions
Bnb Plus Corp   11.69 $ 13.115  Millions$ 1  Millions
Extreme Networks Inc   11.68 $ 501.283  Millions$ 43  Millions
Agilysys Inc   11.35 $ 70.997  Millions$ 6  Millions
Roper Technologies Inc   11.25 $ 1,609.700  Millions$ 143  Millions
Spi Energy Co Ltd   11.09 $ 277.412  Millions$ 25  Millions
Enphase Energy Inc   10.65 $ 1,191.712  Millions$ 112  Millions
Transcat Inc  10.62 $ 154.769  Millions$ 15  Millions

Date modified: 2026-08-29T17:46:00+00:00




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