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Nexgel Inc   (NXGL)
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Nexgel Inc Inventory Turnover Ratio (Sales)

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



NXGL 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 183.2 % 245.71 % 72.51 % - -
Y / Y Sales Change 108.02 % 56.57 % - - -
Inventory to Sales Ratio (TTM) Sales 3.91 4.04 5.24 4.52 4.02
Overall Ranking # 1639 # 1756 # 1245 # 0 # 0
Seq. Inventory Change 11.47 % 92.83 % 25.81 % 4.72 % 36.07 %
Seq. Sales Change 88.23 % 18.55 % -7.92 % 1.25 % 41.67 %

Inventory to Sales Ratio Comment
Due to inventory build up, inventory to sales ratio sequentially decreased to 3.91 below company average.

Within Healthcare sector 292 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Nexgel Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Nexgel Inc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 108
Healthcare Sector # 293
Overall Market # 1639

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
5.24 4.4 3.91
(Dec 31 2022)   (Jun 30 2023)







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