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Two Hands Corporation  (TWOH)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

Two Hands Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2022, Two Hands's inventory turnover ratio sequentially decreased to 8 in the third quarter 2022, unsurprisingly, as the Two Hands markets continue to deteriorate, and TWOH's faces growing challenges to bring down its inventories. Two Hands's average inventory processing period in the Sep 30 2022 quarter, has increased to 46 days, from 35 days, in the Jun 30 2022 quarter.

Within Services sector 125 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 0 in the second quarter 2022, to 522.

TWOH Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Two Hands Corporation Market Share?

What is Inventory Turnover Ratio?


TWOH Inventory Turnover Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Inventory Growth - - - - -
Y / Y Cost of Sales Growth -21.07 % 27.1 % 4.64 % 282.64 % 284.06 %
Inventory Turnover Ratio (TTM) 8 10.34 12.44 21.51 -
TWOH's Total Ranking # 522 # 0 # 0 # 0 # 0
Average inventory processing period 46 35 29 17 -
Seq. Inventory Growth 10.9 % -38.58 % -25.37 % - -
Seq. Cost of Sales Growth -19.21 % 10.33 % -41.59 % 51.6 % 30.1 %



Inventory Turnover Ratio Company Ranking
Within: No.
Professional Services Industry # 18
Services Sector # 126
Overall Market # 522

Inventory Turnover Ratio Statistics
High Average Low
8 8 8
(Sep 30 2022)  




Financial Statements
Two Hands's Inventories $ 0 Millions Visit TWOH's Balance sheet
Two Hands's Cost of Revenues TTM $ 1 Millions Visit TWOH's Income Statement
What are TWOH's Sales? Visit TWOH's Sales by Segment

Other Inventory Turnover Ratios
Two Hands's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Professional Services Industry Inventory Turnover Trends and Statistics
Services Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
TWOH's Inventory Turnover Ratio versus Professional Services Industry, Services Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for TWOH's Competitors
Inventory Turnover Ratio for TWOH's Suppliers
Inventory Turnover Ratio for TWOH's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2022, within Services Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2022 Inventories at quarter ending Sep 30 2022
Bj s Restaurants Inc   29.00 $ 337.132  Millions$ 12  Millions
Addentax Group Corp   27.96 $ 7.518  Millions$ 0  Millions
Jack In The Box Inc   27.86 $ 135.803  Millions$ 5  Millions
Value Exchange International Inc   27.50 $ 7.947  Millions$ 0  Millions
Avalon Holdings Corporation  27.32 $ 37.447  Millions$ 1  Millions
Liveone Inc   27.11 $ 75.113  Millions$ 3  Millions
Auto Parts 4less Group Inc   27.01 $ 8.535  Millions$ 0  Millions
Deluxe Corporation  26.93 $ 1,024.566  Millions$ 38  Millions
Full House Resorts Inc  26.51 $ 41.351  Millions$ 2  Millions
Ncl Corporation ltd   26.40 $ 3,765.326  Millions$ 143  Millions
Jacksam Corporation  25.27 $ 5.343  Millions$ 0  Millions
Mgm Resorts International  25.23 $ 2,692.452  Millions$ 107  Millions
Norwegian Cruise Line Holdings ltd   24.89 $ 3,487.383  Millions$ 140  Millions
Life Time Group Holdings Inc   24.51 $ 1,046.379  Millions$ 43  Millions
Steel Connect Inc   24.46 $ 283.776  Millions$ 12  Millions
Exceed World Inc   24.32 $ 17.307  Millions$ 1  Millions
Willscot Mobile Mini Holdings Corp   23.53 $ 937.313  Millions$ 40  Millions
Playa Hotels and Resorts N v   23.30 $ 439.734  Millions$ 19  Millions
Adm Endeavors Inc   23.16 $ 4.598  Millions$ 0  Millions
Crexendo Inc   23.07 $ 5.191  Millions$ 0  Millions
Konatel Inc   22.97 $ 14.389  Millions$ 1  Millions
Red Rock Resorts Inc   22.79 $ 279.270  Millions$ 12  Millions
American Cannabis Company Inc   22.34 $ 6.862  Millions$ 0  Millions
Mercadolibre Inc   21.63 $ 4,516.601  Millions$ 209  Millions
Roku Inc   20.96 $ 1,668.420  Millions$ 80  Millions
Restaurant Brands International Limited Partnershi  20.90 $ 2,336.000  Millions$ 112  Millions
Good Times Restaurants Inc   20.48 $ 27.955  Millions$ 1  Millions
Arc Document Solutions Inc   20.18 $ 191.345  Millions$ 9  Millions
American Well Corporation  20.16 $ 158.465  Millions$ 8  Millions
Noodles and Company  20.11 $ 196.574  Millions$ 10  Millions

Date modified: 2023-03-22T06:01:07+00:00



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