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Alta Equipment Group Inc   (ALTG)
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Alta Equipment Group Inc Inventory Turnover Ratio (Sales)

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



ALTG Inventory to Sales 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 Change 45.58 % 67.9 % 61.2 % 67.1 % 65.2 %
Y / Y Sales Change 15.09 % 15.08 % 26.83 % 20.29 % 37.29 %
Inventory to Sales Ratio (TTM) Sales 3.84 4.04 4.42 4.74 5.15
Overall Ranking # 1621 # 1294 # 1380 # 1418 # 1322
Seq. Inventory Change -1.04 % 6.16 % 17.36 % 18.08 % 14.13 %
Seq. Sales Change -0.36 % 11.2 % -1.84 % 5.83 % -0.37 %

Inventory to Sales Ratio Comment
Alta Equipment Group Inc inventory turnover ratio sequentially decreased to 3.84 below company average.

Within Services sector 195 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Alta Equipment Group Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Alta Equipment Group Inc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry # 10
Services Sector # 196
Overall Market # 1621

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
5.44 4.72 3.84
(Dec 31 2021)   (Sep 30 2023)







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