Vertex Energy Inc (VTNR) Inventory Turnover Ratio, from second quarter 2024 to second quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Vertex Energy Inc   (NASDAQ: VTNR)
 

Vertex Energy Inc Inventory Turnover Ratio (COS)

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

Vertex Energy Inc inventory turnover ratio, the Vertex Energy Inc 's ability to sell and replace its inventory in the second quarter 2024, sequentially increased to 16.71 in the second quarter 2024, yet the ratio remained below the average, as VTNR's market remain challenging.Average inventory processing period, for the Vertex Energy Inc in Jun 30 2024 quarter, has decreased to 22 days, compare to 25 days, in the Mar 31 2024 quarter.

Within Energy sector 16 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2024, to 141, from total ranking in the first quarter 2024 at 201.

VTNR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Vertex Energy Inc Market Share?

What is Inventory Turnover Ratio?




VTNR Inventory Turnover Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Inventory Growth -41.43 % 5.83 % 34.43 % 31.17 % 6.9 %
Y / Y Cost of Sales Growth 1.65 % 5.27 % -10.95 % 23.26 % -26.18 %
Inventory Turnover Ratio (TTM) 16.71 14.83 14.87 16.25 16.48
VTNR's Total Ranking # 141 # 201 # 168 # 149 # 214
Average inventory processing period 22 25 25 22 22
Seq. Inventory Growth -36.52 % 9.26 % -18.22 % 3.25 % 14.7 %
Seq. Cost of Sales Growth 13.65 % -10.89 % -20.9 % 26.89 % 17.7 %




Inventory Turnover Ratio Company Ranking
Within: No.
Oil & Gas Integrated Operations Industry # 4
Energy Sector # 17
Overall Market # 141

Inventory Turnover Ratio Statistics
High Average Low
49.26 21.57 12.63
(Dec 31 2020)   (Jun 30 2012)




Financial Statements
Vertex Energy Inc 's Inventories $ 126 Millions Visit VTNR's Balance sheet
Vertex Energy Inc 's Cost of Revenues TTM $ 3,050 Millions Visit VTNR's Income Statement
What are VTNR's Sales? Visit VTNR's Sales by Segment

Other Inventory Turnover Ratios
Vertex Energy Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Oil & Gas Integrated Operations Industry Inventory Turnover Trends and Statistics
Energy Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
VTNR's Inventory Turnover Ratio versus Oil & Gas Integrated Operations Industry, Energy Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for VTNR's Competitors
Inventory Turnover Ratio for VTNR's Suppliers
Inventory Turnover Ratio for VTNR's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2024, within Energy Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2024 Inventories at quarter ending Jun 30 2024
Propetro Holding Corp   61.74 $ 1,108.010  Millions$ 18  Millions
Atlas Energy Solutions Inc   41.01 $ 441.941  Millions$ 11  Millions
Global Partners Lp  36.78 $ 16,173.311  Millions$ 440  Millions
Recon Technology Ltd  35.44 $ 6.000  Millions$ 0  Millions
Select Water Solutions inc   32.02 $ 1,270.073  Millions$ 40  Millions
Phillips 66  24.26 $ 135,188.000  Millions$ 5,573  Millions
Sunoco Lp  23.12 $ 21,909.000  Millions$ 948  Millions
Cnx Resources Corporation  22.37 $ 384.326  Millions$ 17  Millions
Devon Energy Corp  18.46 $ 4,494.000  Millions$ 244  Millions
Klx Energy Services Holdings Inc   18.06 $ 598.300  Millions$ 33  Millions
Valero Energy Corp  16.88 $ 131,001.000  Millions$ 7,759  Millions
Vertex Energy Inc   16.71 $ 3,049.648  Millions$ 183  Millions
Team Inc   16.31 $ 633.003  Millions$ 39  Millions
Helmerich and Payne inc   15.87 $ 1,630.737  Millions$ 103  Millions
Liberty Energy Inc   15.57 $ 3,245.976  Millions$ 209  Millions
Conocophillips  15.26 $ 21,413.000  Millions$ 1,404  Millions
Chord Energy Corporation  15.00 $ 1,107.624  Millions$ 74  Millions
Mammoth Energy Services Inc   14.35 $ 178.142  Millions$ 12  Millions
Delek Us Holdings Inc   14.20 $ 14,943.000  Millions$ 1,052  Millions
The Aes Corporation  14.01 $ 9,845.000  Millions$ 703  Millions
Marathon Petroleum Corporation  13.43 $ 131,048.000  Millions$ 9,760  Millions
Cvr Energy Inc  13.05 $ 7,692.000  Millions$ 590  Millions
Chevron Corp  12.42 $ 119,413.000  Millions$ 9,615  Millions
Ramaco Resources Inc   12.07 $ 546.528  Millions$ 45  Millions
Nabors Industries Ltd  11.83 $ 1,749.822  Millions$ 148  Millions
Pbf Energy Inc   11.79 $ 35,717.600  Millions$ 3,030  Millions
Blue Dolphin Energy Co  11.19 $ 339.855  Millions$ 30  Millions
Coterra Energy Inc   11.16 $ 614.000  Millions$ 55  Millions
National Energy Services Reunited Corp   10.72 $ 1,043.802  Millions$ 97  Millions
Alpha Metallurgical Resources Inc   10.49 $ 2,545.609  Millions$ 243  Millions

Date modified: 2026-08-29T17:18:09+00:00




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