Viking Energy Group Inc (VKIN) 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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Viking Energy Group Inc   (VKIN)
    Sector • Energy    Industry • Oil And Gas Production
   Industry • Oil And Gas Production
   Sector • Energy
 

Viking Energy Group Inc Inventory Turnover Ratio (COS)

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

Viking Energy Group Inc inventory turnover ratio, the Viking Energy Group Inc 's ability to sell and replace its inventory in the first quarter 2023, sequentially increased to 1.35 in the first quarter 2023, a new company high. Average inventory processing period, for the Viking Energy Group Inc in Mar 31 2023 quarter, has decreased to 270 days, compare to 294 days, in the Dec 31 2022 quarter.

Within Energy sector 67 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2023, to 1438, from total ranking in the fourth quarter 2022 at 1889.

VKIN Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Viking Energy Group Inc Market Share?

What is Inventory Turnover Ratio?



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VKIN Inventory Turnover Ratio (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter		 (Sep 30 2022)
III. Quarter		 (Jun 30 2022)
II. Quarter		 (Mar 31 2022)
I. Quarter
Y / Y Inventory Growth 74.99 % 87.17 % - - -
Y / Y Cost of Sales Growth 95.27 % 71.38 % - - -51.49 %
Inventory Turnover Ratio (TTM) 1.35 1.24 - 1.65 1.91
VKIN's Total Ranking # 1438 # 1889 # 1467 # 1780 # 1718
Average inventory processing period 271 294 - 222 191
Seq. Inventory Growth 1.33 % 21.79 % 3.59 % 36.89 % 8.39 %
Seq. Cost of Sales Growth -7 % - - 6.16 % -18.37 %




Inventory Turnover Ratio Company Ranking
Within: No.
Oil And Gas Production Industry # 33
Energy Sector # 68
Overall Market # 1438

Inventory Turnover Ratio Statistics
High Average Low
1.35 1.25 1.15
(Mar 31 2023)   (Sep 30 2022)



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

Financial Statements
Viking Energy Group Inc 's Inventories $ 10 Millions Visit VKIN's Balance sheet
Viking Energy Group Inc 's Cost of Revenues TTM $ 13 Millions Visit VKIN's Income Statement
What are VKIN's Sales? Visit VKIN's Sales by Segment

Other Inventory Turnover Ratios
Viking Energy Group Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Oil And Gas Production Industry Inventory Turnover Trends and Statistics
Energy Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
VKIN's Inventory Turnover Ratio versus Oil And Gas Production Industry, Energy Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for VKIN's Competitors
Inventory Turnover Ratio for VKIN's Suppliers
Inventory Turnover Ratio for VKIN's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2023, within Energy Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2023 Inventories at quarter ending Mar 31 2023
Diamondback Energy Inc   3.23 $ 210.000  Millions$ 65  Millions
Tetra Technologies Inc   3.05 $ 221.479  Millions$ 73  Millions
Murphy Oil Corporation  2.90 $ 170.595  Millions$ 59  Millions
Warrior Met Coal Inc   2.84 $ 402.341  Millions$ 142  Millions
Nacco Industries Inc   2.78 $ 181.485  Millions$ 65  Millions
Ncs Multistage Holdings Inc   2.58 $ 96.038  Millions$ 37  Millions
Arcadia Biosciences Inc   2.43 $ 7.169  Millions$ 3  Millions
Omega Flex Inc   2.35 $ 46.363  Millions$ 20  Millions
Natural Gas Services Group Inc   2.21 $ 48.974  Millions$ 22  Millions
Occidental Petroleum Corporation  1.63 $ 3,200.000  Millions$ 1,968  Millions
Viking Energy Group Inc   1.35 $ 12.536  Millions$ 9  Millions
Sustainable Projects Group Inc   0.72 $ 0.007  Millions$ 0  Millions

Date modified: 2026-09-18T14:07:35+00:00




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