Spi Energy Co Ltd Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2023, Spi Energy Co Ltd 's inventory turnover ratio sequentially decreased to 7.19 in the third quarter 2023, unsurprisingly, as the Spi Energy Co Ltd markets continue to deteriorate, and SPI's faces growing challenges to bring down its inventories. Spi Energy Co Ltd 's average inventory processing period in the Sep 30 2023 quarter, has increased to 51 days, from 46 days, in the Jun 30 2023 quarter.

Within Technology sector 67 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. 501.

SPI Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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SPI 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	64.55 %	66.34 %	18.59 %	21.25 %	-22.02 %
Y / Y Cost of Sales Growth	7.19 %	19.91 %	21.22 %	-5.71 %	-47.63 %
Inventory Turnover Ratio (TTM)	7.19	7.93	8.61	8.64	9.2
SPI's Total Ranking	# 501	# 501	# 501	# 376	# 574
Average inventory processing period	51	46	42	42	40
Seq. Inventory Growth	0.06 %	18.28 %	15.77 %	20.09 %	1.15 %
Seq. Cost of Sales Growth	-9.6 %	23.45 %	17.39 %	-18.18 %	1.12 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 11
Technology Sector	# 68
Overall Market	# 501

Inventory Turnover Ratio Statistics
High	Average	Low
11.09	8.23	7.19
(Sep 30 2022)		(Sep 30 2023)

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

Financial Statements
Spi Energy Co Ltd 's Inventories	$ 28 Millions	Visit SPI's Balance sheet
Spi Energy Co Ltd 's Cost of Revenues TTM	$ 182 Millions	Visit SPI's Income Statement
What are SPI's Sales?		Visit SPI's Sales by Segment

Other Inventory Turnover Ratios
Spi Energy Co Ltd 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Semiconductors Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SPI's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SPI's Competitors
Inventory Turnover Ratio for SPI's Suppliers
Inventory Turnover Ratio for SPI's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 30 2023	Inventories at quarter ending Sep 30 2023
Dell Technologies Inc	17.65	$ 69,528.000 Millions	$ 3,939 Millions
Nxp Semiconductors N v	17.16	$ 5,659.000 Millions	$ 330 Millions
Franklin Covey Co	16.99	$ 67.032 Millions	$ 4 Millions
Track Group Inc	16.49	$ 19.000 Millions	$ 1 Millions
Powerdyne International Inc	15.94	$ 1.129 Millions	$ 0 Millions
Decisionpoint Systems Inc	15.43	$ 39.432 Millions	$ 3 Millions
Ftc Solar Inc	14.96	$ 128.093 Millions	$ 9 Millions
Roper Technologies Inc	14.54	$ 1,696.800 Millions	$ 117 Millions
Birchtech Corp	14.30	$ 12.907 Millions	$ 1 Millions
Mix Telematics Limited	14.16	$ 55.238 Millions	$ 4 Millions
Skywater Technology Inc	13.96	$ 210.938 Millions	$ 15 Millions
Neogenomics Inc	13.93	$ 340.286 Millions	$ 24 Millions
Where Food Comes From Inc	13.63	$ 14.221 Millions	$ 1 Millions
Iveda Solutions Inc	13.05	$ 5.570 Millions	$ 0 Millions
Netapp Inc	12.30	$ 1,919.000 Millions	$ 156 Millions
Pitney Bowes Inc	11.80	$ 1,045.162 Millions	$ 89 Millions
F5 Inc	11.80	$ 593.000 Millions	$ 50 Millions
Creative Realities Inc	11.49	$ 20.674 Millions	$ 2 Millions
Transcat Inc	11.14	$ 168.486 Millions	$ 15 Millions
Agilysys Inc	10.52	$ 85.860 Millions	$ 8 Millions
Photronics Inc	10.42	$ 555.000 Millions	$ 53 Millions
Amkor Technology Inc	10.24	$ 5,659.106 Millions	$ 553 Millions
Par Technology Corporation	10.16	$ 306.743 Millions	$ 30 Millions
Life360 Inc	10.14	$ 81.443 Millions	$ 8 Millions
Ttm Technologies Inc	10.05	$ 1,860.754 Millions	$ 185 Millions
Netscout Systems Inc	9.97	$ 200.743 Millions	$ 20 Millions
Csp inc	9.81	$ 42.752 Millions	$ 4 Millions
Iteris inc	9.71	$ 110.818 Millions	$ 11 Millions
Fg Group Holdings Inc	9.64	$ 33.180 Millions	$ 3 Millions
Vpr Brands Lp	9.57	$ 5.236 Millions	$ 1 Millions

Date modified: 2026-09-08T15:11:07+00:00

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