Summit Materials Inc (SUM) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Summit Materials Inc   (NYSE: SUM)
 

Summit Materials Inc Inventory Turnover Ratio (COS)

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

Summit Materials Inc inventory turnover ratio, the Summit Materials Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 8.27 in the third quarter 2024, SUM's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Summit Materials Inc in Sep 28 2024 quarter, has decreased to 44 days, compare to 45 days, in the Jun 29 2024 quarter.

Within Basic Materials sector 52 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 304 in the second quarter 2024, to 356.

SUM Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Summit Materials Inc Market Share?

What is Inventory Turnover Ratio?




SUM Inventory Turnover Ratio (Sep 28 2024)
III. Quarter
(Jun 29 2024)
II. Quarter
(Mar 30 2024)
I. Quarter
(Dec 30 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Inventory Growth 41.98 % 41.75 % 44.31 % 13.58 % 19.9 %
Y / Y Cost of Sales Growth 45.13 % 52.32 % 76.26 % 21.03 % 1.54 %
Inventory Turnover Ratio (TTM) 8.27 8.16 7.98 7.72 7.6
SUM's Total Ranking # 356 # 304 # 106 # 106 # 372
Average inventory processing period 44 45 46 47 48
Seq. Inventory Growth -1.11 % 3.13 % 40.25 % -0.73 % -1.27 %
Seq. Cost of Sales Growth 5.11 % 20.19 % 31.98 % -12.95 % 10.31 %




Inventory Turnover Ratio Company Ranking
Within: No.
Construction Raw Materials Industry # 7
Basic Materials Sector # 53
Overall Market # 356

Inventory Turnover Ratio Statistics
High Average Low
9.36 7.5 6.41
(Oct 01 2022)   (Dec 31 2016)




Financial Statements
Summit Materials Inc 's Inventories $ 345 Millions Visit SUM's Balance sheet
Summit Materials Inc 's Cost of Revenues TTM $ 2,635 Millions Visit SUM's Income Statement
What are SUM's Sales? Visit SUM's Sales by Segment

Other Inventory Turnover Ratios
Summit Materials Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Construction Raw Materials Industry Inventory Turnover Trends and Statistics
Basic Materials Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SUM's Inventory Turnover Ratio versus Construction Raw Materials Industry, Basic Materials Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SUM's Competitors
Inventory Turnover Ratio for SUM's Suppliers
Inventory Turnover Ratio for SUM's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 28 2024, within Basic Materials Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 28 2024 Inventories at quarter ending Sep 28 2024
Solaris Energy Infrastructure Inc   20.20 $ 169.811  Millions$ 8  Millions
Rex American Resources Corporation  20.20 $ 567.562  Millions$ 28  Millions
Lsb Industries Inc   20.09 $ 465.754  Millions$ 23  Millions
Hecla Mining Company  19.29 $ 703.448  Millions$ 36  Millions
Gulf Resources Inc   18.41 $ 9.450  Millions$ 1  Millions
Aemetis Inc  17.92 $ 288.267  Millions$ 16  Millions
Zk International Group Co ltd   17.65 $ 101.653  Millions$ 6  Millions
Smith midland Corporation  17.61 $ 57.768  Millions$ 3  Millions
Azz Inc   17.11 $ 2,082.128  Millions$ 122  Millions
Techprecision Corp  16.49 $ 29.540  Millions$ 2  Millions
Origin Materials Inc   14.57 $ 14.114  Millions$ 1  Millions
American Battery Technology Company  14.20 $ 5.847  Millions$ 0  Millions
Idaho Strategic Resources Inc  13.89 $ 11.846  Millions$ 1  Millions
It Tech Packaging Inc  13.80 $ 68.538  Millions$ 5  Millions
Apogee Enterprises Inc   13.34 $ 999.273  Millions$ 75  Millions
Core Molding Technologies Inc   11.67 $ 257.838  Millions$ 22  Millions
South 8 Energy Llc  11.46 $ 145.608  Millions$ 13  Millions
Janus International Group Inc   11.15 $ 571.000  Millions$ 51  Millions
United States Antimony Corporation  11.09 $ 9.618  Millions$ 1  Millions
Air Products And Chemicals Inc   11.07 $ 8,168.700  Millions$ 738  Millions
Crh Public Limited Company  11.05 $ 24,394.665  Millions$ 2,209  Millions
Pure Bioscience Inc   11.04 $ 0.762  Millions$ 0  Millions
Luxfer Holdings Plc  10.88 $ 304.900  Millions$ 28  Millions
Flotek Industries Inc  10.79 $ 139.183  Millions$ 13  Millions
Ranpak Holdings Corp   10.43 $ 221.800  Millions$ 21  Millions
Aqua Metals Inc   10.18 $ 8.165  Millions$ 1  Millions
Gold Resource Corp  9.98 $ 89.725  Millions$ 9  Millions
James Hardie Industries Plc  9.98 $ 2,910.000  Millions$ 292  Millions
Smart Sand Inc   9.41 $ 247.755  Millions$ 26  Millions
Pactiv Evergreen Inc   9.18 $ 4,245.000  Millions$ 463  Millions

Date modified: 2026-06-22T14:32:38+00:00




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