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Resonate Blends Inc   (FSTW)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Resonate Blends Inc Inventory Turnover Ratio (Sales)

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



FSTW Inventory to Sales Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Inventory Change -62.05 % -57.27 % -34.7 % -16.9 % 55.76 %
Y / Y Sales Change 124.29 % -63.45 % -55.88 % 37.69 % -
Inventory to Sales Ratio (TTM) Sales 0.25 0.17 0.22 0.25 0.23
Overall Ranking # 1825 # 1843 # 2170 # 0 # 2146
Seq. Inventory Change -12.21 % -28.3 % -17.82 % -26.63 % -1.16 %
Seq. Sales Change -37.06 % 17.74 % -17.69 % 267.74 % -89.74 %

Inventory to Sales Ratio Comment
Resonate Blends Inc inventory to sales ratio sequentially increased to 0.25 in the second quarter 2023, above company average.

Within Technology sector 251 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Resonate Blends Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Resonate Blends Inc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Software & Programming Industry # 22
Technology Sector # 252
Overall Market # 1825

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
0.26 0.23 0.19
(Dec 31 2022)   (Jun 30 2023)







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