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Fortress Biotech Inc   (FBIO)
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Fortress Biotech Inc Inventory Turnover Ratio (COS)

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

Fortress Biotech Inc inventory turnover ratio, the Fortress Biotech Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 2.24 in the third quarter 2023, yet the ratio remained below the average, as FBIO's market remain challenging.Average inventory processing period, for the Fortress Biotech Inc in Sep 30 2023 quarter, has decreased to 163 days, compare to 171 days, in the Jun 30 2023 quarter.

Within Healthcare sector 179 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 1148, from total ranking in the second quarter 2023 at 1236.

FBIO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Fortress Biotech Inc Market Share?

What is Inventory Turnover Ratio?


FBIO Inventory Turnover 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 Growth -27.62 % -24.21 % -17.72 % 43.57 % 31.13 %
Y / Y Cost of Sales Growth -10.97 % 1.76 % -21.38 % -18.97 % -35.34 %
Inventory Turnover Ratio (TTM) 2.24 2.13 1.98 2 2.28
FBIO's Total Ranking # 1148 # 1236 # 1458 # 1668 # 1462
Average inventory processing period 163 172 185 183 160
Seq. Inventory Growth -9.39 % -8.37 % -6.22 % -7.03 % -5.13 %
Seq. Cost of Sales Growth -17.23 % 20.44 % -16.44 % 6.88 % -5.4 %



Inventory Turnover Ratio Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 60
Healthcare Sector # 180
Overall Market # 1148

Inventory Turnover Ratio Statistics
High Average Low
56.04 14.7 1.98
(Jun 30 2018)   (Mar 31 2023)




Financial Statements
Fortress Biotech Inc 's Inventories $ 11 Millions Visit FBIO's Balance sheet
Fortress Biotech Inc 's Cost of Revenues TTM $ 28 Millions Visit FBIO's Income Statement
What are FBIO's Sales? Visit FBIO's Sales by Segment

Other Inventory Turnover Ratios
Fortress Biotech Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Major Pharmaceutical Preparations Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
FBIO's Inventory Turnover Ratio versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for FBIO's Competitors
Inventory Turnover Ratio for FBIO's Suppliers
Inventory Turnover Ratio for FBIO's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Hims and Hers Health Inc   6.92 $ 148.211  Millions$ 21  Millions
Nutriband Inc   6.89 $ 1.278  Millions$ 0  Millions
Cardiff Lexington Corporation  6.84 $ 3.694  Millions$ 1  Millions
Owens and Minor inc  6.78 $ 8,265.530  Millions$ 1,219  Millions
Alimera Sciences Inc   6.63 $ 9.336  Millions$ 1  Millions
Universe Pharmaceuticals Inc  6.58 $ 21.994  Millions$ 3  Millions
Fonar Corporation  6.29 $ 16.810  Millions$ 3  Millions
Societal Cdmo Inc   6.29 $ 73.913  Millions$ 12  Millions
Inogen Inc   6.26 $ 199.843  Millions$ 32  Millions
Veracyte inc   6.12 $ 84.202  Millions$ 14  Millions
Dmk Pharmaceuticals Corporation  6.04 $ 4.875  Millions$ 1  Millions
Opko Health Inc   6.02 $ 439.790  Millions$ 73  Millions
Patterson Companies Inc   5.89 $ 5,159.279  Millions$ 876  Millions
Carlisle Companies Incorporated  5.76 $ 3,633.900  Millions$ 631  Millions
Incyte Corporation  5.55 $ 244.402  Millions$ 44  Millions
Cytosorbents Corporation  5.50 $ 14.030  Millions$ 3  Millions
Acadia Pharmaceuticals Inc   5.39 $ 26.161  Millions$ 5  Millions
Avantor Inc   5.21 $ 4,631.500  Millions$ 890  Millions
Enzo Biochem Inc  5.18 $ 60.289  Millions$ 12  Millions
Integer Holdings Corporation  5.14 $ 1,149.859  Millions$ 224  Millions
Catalyst Pharmaceuticals Inc   5.13 $ 47.353  Millions$ 9  Millions
Exact Sciences Corporation  4.98 $ 629.535  Millions$ 126  Millions
Abbvie inc   4.89 $ 18,881.000  Millions$ 3,862  Millions
Inspire Medical Systems inc   4.85 $ 90.292  Millions$ 19  Millions
Cryoport inc   4.78 $ 134.005  Millions$ 28  Millions
Aquestive Therapeutics Inc   4.69 $ 30.233  Millions$ 6  Millions
Henry Schein Inc  4.64 $ 8,758.000  Millions$ 1,889  Millions
Perspective Therapeutics Inc   4.63 $ 5.863  Millions$ 1  Millions
Ufp Technologies Inc   4.61 $ 280.010  Millions$ 61  Millions
Warby Parker Inc   4.60 $ 295.019  Millions$ 64  Millions

Date modified: 2023-11-17T15:44:58+00:00



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